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Context
Senior care Ageing Growth Engine (SAGE) project and Senior Able Citizens for Re Employment in Dignity (SACRED) Portal will support India’s elderly.
Image Courtesy: TH
About Senior care Ageing Growth Engine (SAGE) Project
- Recommended by:
- The project is shaped on the recommendations of the empowered expert committee (EEC) report on startups for the elderly
- The Expert Group on the silver economy has recommended a scheme to promote private enterprises that bring out innovation in products and processes for the benefit of the elders.
- Objectives: To focus on addressing the needs of India’s fast rising elderly population, to select, support and create a “one-stop access” of elderly care products and services
- To encourage the selected “startups” based on the innovative products and services address the services from health, housing, care centers, technology access linked to needs ranging from finances, food and wealth management to legal guidance.
- It is aimed at promoting private enterprises to bring out innovation in products to benefit elders
- The project is shaped on the recommendations of the empowered expert committee (EEC) report on startups for the elderly
- SAGE Portal:
- In order to provide a transparent mechanism for selecting the start-ups, a dedicated portal has been designed.
- All proposals will be uploaded and selection will be based on blind review by an independent screening committee of experts.
- Equity support:
- The Inter Ministerial committee for the SCWF has considered funding of about Rs. 100 Cr as equity support to the selected start-ups @ maximum Rs. 1 Cr per Startup.
- For the current year, Rs. 20 Cr is made available.
- In the next five years, about 100 such innovative start-ups will be funded under the project.
- Facilitator:
- The MoSJE will act as the facilitator in the entire process enabling the elderly to access the credible products through these identified start-ups.
Image Courtesy: PIB
About Senior Able Citizens for Re Employment in Dignity (SACRED) Portal
- Aim:
- The aim is to devise ways to ensure Senior Citizens live healthy, happy, empowered, dignified and self-reliant life
- Funding:
- Rs. 10 Cr would be provided for funding for the platform development along with maintenance grant of Rs. 2 Cr per year for 5 years
- LASI Report:
- More than 50% senior citizens are found active as per the LASI report 2020
- Scope of the Portal:
- One Platform:
- An IT portal to bring the employment seeker, senior citizens and employment providers on one platform will be developed and maintained by an agency identified through a transparent process.
- Job seeker Registration at portal:
- An individual senior citizen will get himself registered on the portal with his relevant education, past experience, skills and the areas of interest.
- One Platform:
- Job provider registration:
- Any job provider – individual / firm/ company/ partnership/ Voluntary Organisation etc. can also register on the portal.
- The job provider will specify the task involved and the number of senior citizens that are required to complete it.
- Voluntary Organizations:
- They will help the senior citizens in applying for these jobs.
- No user charges will be taken from any of the senior citizens by any Voluntary Organizations.
- Therefore, the Employment Portal will serve not only the senior citizens seeking employment, but also the employers, the SHGs, the senior citizens gaining skills, and other agencies/ individuals.
- A facilitating platform:
- The Employment Exchange Portal will not be a guarantee for getting a job/ employment or selling of the products of the SHGs, or for any other activity.
- It will act as an interactive platform where stakeholders meet each other virtually and decide on the course of action with mutual respect, consent and understanding.
- Weighing experience and new recruitment:
- Any individual/ firm/ company/ agency will seek the services of the senior citizens in respect of those tasks where experience can naturally outweigh hiring new personnel and providing them training, etc.
- Examples can be short term employment, contract for a project, teaching, counselling jobs.
- Modalities:
- Web portal will be developed through NIC.
- There will be adequate publicity both among elders and enterprises to enroll on the portal.
What is the Silver Economy?
Image Courtesy: TOI Need for Such Initiatives
Image Courtesy: TOI Challenges
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Sources: PIB
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