66% Indians are Financially Struggling..!

According to the Gallup-Healthways Global Well-Being Index, released on recently, only nearly one-fifth of Indians, or / about 20%, were financially thriving while 50% were struggling and 30% suffering.

The Well-Being Index is a barometer of individual perceptions of well-being, based on data collected last year across 135 countries, with more than 1.33 lakh interviews.

It measures 5* (*1.Purpose, 2.Social, 3.Financial, 4.Community, Physical) elements of well-being  to understand the perception of citizens’ own well-being at individual, social network, organisational, city, state, country and global levels.

Among the 5 elements, ‘Purpose’ refers to liking what you do each day and being motivated to achieve your goals.

‘Social’ means having supportive relationships and love in your life.

‘Financial’ relates to managing your economic life to reduce stress and increase security.

 ‘Community’ implies liking where you live, feeling safe, and having pride in your community, and ‘physical’ covers good health and enough energy to get things done.

Responses have been classified as ‘thriving’ (well-being that is strong and consistent), ‘struggling’ (well-being that is moderate or inconsistent), or /  ‘suffering’ (well-being that is low and inconsistent)

In terms of ‘purpose’ well-being, 16% of Indians are thriving, indicating that a majority of the population does not feel fulfilled in its day-to-day life. Notably, having a job makes little difference to the ‘purpose’ factor.

The proportion of Indians suffering in ‘social’ well-being is alarmingly high at 36%. More significantly, 46% of Indians 45 and older were suffering in this element versus 31%of those under 45. This suggests that the older population is vulnerable to social isolation.

Only 23% of the Indians are thriving in the ‘physical’ well-being category. Inconsistency in access to maternal healthcare, especially in the impoverished rural areas, is an ongoing health risk for many women.

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