India needs a ‘care economy’ policy

India needs a ‘care economy’ policy

Women face huge challenges to earn a living and live peacefully during retirement years. The ‘care economy’ is statistically invisible. No effective macro policy coherence is there to ensure and support care economy in India. More often, women as primary caregivers leave the job market to perform the responsibilities, at the peak of their career. This, in turn, can affect economic growth of the country due to productivity loss, emanating from the loss of insights and talent they did bring on board. This also affects the ‘potential output’ of a country.
Unemployment rate in India reached a 45-year high […]

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