New senior citizens policy in the works after 25 years

India is developing a new senior citizen policy and amending the Maintenance and Welfare of Parents and Senior Citizens Act 2007 to address the needs of its growing elderly population. Industry experts are advocating for a dedicated task force, streamlined regulations, and financial incentives like GST rationalization and reverse mortgages to boost the senior living sector. India is developing a new senior citizen policy and amending the Maintenance and Welfare of Parents and Senior Citizens Act 2007 to address the needs of its growing elderly population. Industry experts are advocating for a dedicated task force, streamlined regulations, and financial incentives like GST rationalization and reverse mortgages to boost the senior living sector.  Economic Times