homeworld NewsWorld Senior Citizen Day 2023: All you need know about the concessions and facilities available for elderly

World Senior Citizen Day 2023: All you need know about the concessions and facilities available for elderly

Besides the financial incentives and higher interest rates on savings schemes, senior citizens are also offered various benefits on a wide range of services in India.

By CNBCTV18.com Aug 21, 2023 3:22:07 PM IST (Published)

2 Min Read

World Senior Citizen Day is observed on August 21 every year to raise awareness regarding contributions of the elderly people to society. In India, people above the age of 60 years are considered senior citizens.
The day is celebrated with the aim of recognising the issues that an elderly individual faces in old age. In order to help senior citizens, the Central government has launched a number of initiatives for senior citizens to make things easy for them to avail and access.
Besides the financial incentives and higher interest rates on savings schemes, senior citizens are also offered various benefits on a wide range of services in India.