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Formulating a Strategy for India's Care Economy : Unlocking Opportunities

Executive Summary

India is undergoing a rapid demographic shift that necessitates a robust strategy for both childcare and elderly support. Research estimates that the economic value of unpaid care work performed by women represents a significant percentage of the national gross product.


This disproportionate burden of domestic responsibilities often hinders women from realizing their full potential in the professional workforce or pursuing educational goals. A strategic roadmap has been developed to revitalize this sector through primary pillars of intervention. These include enhancing parental leave policies and providing subsidies for care services through community organizations.

Additionally, mobilizing private investment for care infrastructure and establishing standardized skill training for caregivers are critical steps. Implementing institutional mechanisms for quality assurance will help build a formal and professional care sector. Strengthening the care economy is essential for fostering inclusive growth and supporting the overall development of Indian society. This strategy seeks to unleash the potential of human capital throughout the country.

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