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2023-24 India Economic Survey proposes 2% GDP investment in care economy, generating 11M jobs (70% women), with subsidies for care services.
India's Economic Survey 2023-24 proposes strategic reforms to build a care economy, addressing the 'motherhood penalty' challenge and increasing female labour force participation. A 2% GDP investment could generate 11 million jobs, 70% for women, with subsidies for care services considered. Successful international models offer insights, such as Australia, Argentina, Brazil, and the US, which provide financial assistance to care workers.
9 months ago
3 Articles