International Perspective: India

INTERNATIONAL-PERSPECTIVEFrom the New York Times:

Bangalore’s Seniors Head to Work as ‘Traditional Indian Family’ Dissolves.

A job fair for seniors is a paradox in a “young” city where multinational employers from Silicon Valley’s hottest social media firms and top Wall Street banks throng colleges to sign up those in their 20s even before they graduate.

The weekend gathering offered a glimpse into the social upheaval in Bangalore and other large cities where older Indians are buffeted by rising living and health care costs on the one side and fading support from their ambitious, globally mobile children.

Adding to the complexity, many Indians retire at the mandated age of 58 or 60, and social security covers only a sliver of the population.

Click here to read more.

 

This entry was posted in International Perspective and tagged . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.