MARKETS / COMPANIES / ECONOMYRSS edition ↗
Earnings Monitor
Market News

Centre releases Rs 78 crore for senior citizens' welfare scheme

Benchmarks Nifty22,698.85-50.91FEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return18.23 % Invest NowFEATURED FUNDS★★★★★UTI Aggressive Hybrid Fund Regular Plan-Growth5Y Return8.47 % Invest NowEnter search…

Centre releases Rs 78 crore for senior citizens' welfare scheme
Benchmarks Nifty22,698.85-50.91FEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return18.23 % Invest NowFEATURED FUNDS★★★★★UTI Aggressive Hybrid Fund Regular Plan-Growth5Y Return8.47 % Invest NowEnter search text:
    The Economic Times daily newspaper is available online now. Read Today's Paper Centre releases Rs 78 crore for senior citizens' welfare schemePTILast Updated: Oct 28, 2026, 10:03:00 PM ISTSynopsis

    The ministry said it has released funds under the Integrated Programme for Senior Citizens (IPSrC), a component of the Atal Vayo Abhyuday Yojana (AVYAY), for the financial year 2026-27.

    New Delhi: The Centre has released Rs 77.98 crore in grant-in-aid for 755 projects under its senior citizens' welfare scheme for the quarter ending September 30, 2026, the Social Justice and Empowerment Ministry said on Wednesday.

    The ministry said it has released funds under the Integrated Programme for Senior Citizens (IPSrC), a component of the Atal Vayo Abhyuday Yojana (AVYAY), for the financial year 2026-27.

    Launched in 2021, AVYAY is a flagship scheme of the ministry that promotes "ageing with dignity" and "ageing in place" by ensuring older persons can live with respect, security, and independence.

    The ministry said the assistance aims to strengthen service delivery and welfare interventions for senior citizens through institutional care and related facilities.

    With India's senior citizen population projected to reach 23 crore by 2036, the need for comprehensive and accessible support systems is growing. The scheme seeks to address this demographic challenge by strengthening institutional mechanisms and encouraging community participation, it said.

    Live Events


        According to the 2011 Census, India had 10.38 crore people aged 60 years and above, including 5.11 crore males and 5.27 crore females.

        The Longitudinal Ageing Study in India (LASI) highlights functional limitations among a substantial proportion of older persons, underscoring the need for reliable care, healthcare services and community-based support, the ministry said.

        Increasing urbanisation, migration and the growth of nuclear households are also changing traditional family support structures, making institutional and community-based care increasingly important for senior citizens, it added.

        AVYAY subsumed and expanded the earlier National Action Plan for Senior Citizens (NAPSrC), bringing multiple interventions for older persons under a unified scheme.

        The scheme aims to provide shelter, food, healthcare and recreational services while strengthening the capacities of governments, non-governmental organisations, local bodies and communities to support older persons.

        The "ageing in place" approach promotes an environment where senior citizens can continue living safely in their homes and communities, supported by suitable home modifications and specialised community-based services where needed, the ministry said.

        The scheme combines institutional assistance, state-level planning, and district-level monitoring, focusing on the dignity, well-being, independence, and social inclusion of older persons.

        Under the State Action Plan for Senior Citizens (SAPSrC) component, state and Union Territory governments prepare and implement welfare action plans tailored to their respective requirements, with financial support from the ministry.
        Add as a Reliable and Trusted News Source Add Now!
        (You can now subscribe to our Economic Times WhatsApp channel)
        Read More News onsenior citizens welfare schemeAtal Vayo Abhyuday YojanaIntegrated Programme for Senior Citizensgovernment schemes for seniorscommunity support for elderlyGovernment of India
        (You can now subscribe to our Economic Times WhatsApp channel)
        Read More News onsenior citizens welfare schemeAtal Vayo Abhyuday YojanaIntegrated Programme for Senior Citizensgovernment schemes for seniorscommunity support for elderlyGovernment of India Prime ExclusivesInvestment IdeasStock Report PlusePaperWealth Edition
        • KYC and KYB: Inside Damani’s DMart, the retail chain for the middle class. And stock for the long term? – Part 2 of 3

        • Will it be a regulatory nightmare if an exchange lists on its own platform?

        • KYC and KYB: Inside Damani’s Avenue Supermarts that refuses to charge more – Part 1 of 3

        • Will oil turn into a lingering problem? Is the world economy, India, or the market prepared?

        • KYB and KYC: Business behind the wealth creator called ‘Divi’s Lab’ – Part 2, concluding

        • KYB and KYC: Business behind the wealth creator called “Divi’s Lab” – Part 1

        • 1
        • 2
        • 3
        View all Stories

        Stories you might be interested in

          Source: Economic Times — Economy ↗

          Figures reflect the source report and its stated period. This article is for information and is not investment advice.