AI Kiran
AI Kiran, an initiative to empower women in Artificial Intelligence, has been launched.
About AI Kiran
- Objective: To foster a vibrant AI community where women can thrive as innovators, changemakers, and leaders.
- Led by: Office of the Principal Scientific Adviser (PSA) to the Government of India.
- Focus Areas: It highlights contributions of over 250 women driving advancements in AI across critical sectors such as education, healthcare,
About KIRAN Scheme
- The Knowledge Involvement in Research Advancement through Nurturing (KIRAN) Scheme was launched by the Department of Science and Technology (DST)
- Aim: Promote gender equality in science and technology by supporting and empowering women in the field.
- Tags :
- KIRAN Scheme
- AI Kiran
IMF Report Stresses on Silver Economy
IMF released “World Economic Outlook (WEO): A Critical Juncture Among Policy Shift” Report.
- Apart from growth projection, the report also highlights demographic shifts and Silver Economy.
- Report also recommends policies favouring healthy ageing enabling participation of older individuals in labour force.
Key Observations
- Economies worldwide are aging rapidly: Due to declining fertility and rising life expectancy crossing their demographic turning point and shifting from demographic dividend to demographic drag.
- The average age of the world’s population is projected to increase by 11 years between 2020 and the end of the century.
- Healthy Ageing: Alongside increase in longevity, the functional capacity of older individuals has improved over time.
- 70 year old in 2022 had the same cognitive ability as a 53 year old in 2000.
Benefits of Healthy Ageing
- Impact on Global GDP Growth: Healthy aging is projected to add 0.4% point to global average GDP growth over 2025–50.
- The contribution from India would be large as the share of workers aged 50 and older is to grow faster in that period.
- Impact on Labor Force Participation: Targeted health policies enable older workers to increase their labor force participation rates.
Policy Recommendations on Healthy Ageing
- Comprehensive Approach: Combining pension reforms, training, workplace adaptations, with health-oriented interventions to increase effective retirement ages.
- Reducing labor force participation gaps: Fostering higher female labor force participation through improved work-life balance, affordable childcare, etc., to counter demographic headwinds.
- Tags :
- Healthy Ageing
- Silver Economy