India currently ranks fourth among the world’s countries in terms of the absolute size of its elderly population; by the year 2000 it will be second only to China. The proportion of the elderly population in India is much higher than in South Asia as a whole. The proportion of those aged 60 years and above in South Asia is 3.9 whereas in India it is 4.8.
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S. Irudaya Rajan (1989) studied this question.