Patterns And Sources Of Financial Support For The Elderly: A Comparative Study Of Rural And Urban Areas In Rajasthan And India
Abstract
This study investigates the financial support mechanisms for the elderly in India, focusing on demographic and socio-economic trends, with a particular emphasis on the comparison between rural and urban areas within Rajasthan and across India. The primary objectives were to analyze the patterns and sources of financial support for the elderly, evaluate the differences in support mechanisms between rural and urban settings, and assess the implications of these findings for elderly care.
Utilizing a mixed-methods approach, the study combined quantitative data from national surveys with qualitative insights from interviews and case studies. The research revealed significant disparities in financial support between rural and urban areas, with urban regions generally offering better access to financial resources and support services. Rural areas, conversely, faced greater challenges, including limited financial aid and fewer social support mechanisms. The study also identified distinct patterns of financial dependency and familial support, highlighting the impact of family structures and regional policies on elderly care.
The findings underscore the need for targeted policy interventions to address the specific needs of elderly populations in different settings. The study recommends enhancing pension schemes, improving resource allocation, and strengthening social support systems to better meet the needs of the elderly. Additionally, it emphasizes the importance of integrating health care support with financial aid to ensure comprehensive care.
This research contributes to the understanding of elderly financial support mechanisms in India and provides a basis for future policy development and research. The implications for policymakers, social planners, and researchers are significant, as they can use these insights to improve elderly care and address the evolving challenges faced by this demographic.
