Public services to cost India Rs 3.2 tn
USD 30 billion, Singapore USD 10 billion, United Kingdom USD 170 billion and United States USD 940 billion.
The report analysed the impacts of projected economic and demographic changes on the costs of delivering all public services, including central, state and local spending (except debt interest payments).
One of the factors behind the increase in the projected expenditure of the government is that as the countries get richer, governments spend proportionally more per person on public health services such as healthcare.
Another primary driver is growth of the ageing Indian population. The United Nations project a 76 per cent growth in the population aged 65 or older by 2025, with 7.3 per cent of the population aged 65 and over by 2025.
According to another survey by Accenture conducted across the same 10 countries by Ipsos MORI, showed that 56 per cent of India respondents are confident that government will be able to deliver public services that meet people's needs and expectations over the next five years, well above the global average of 37 per cent.
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