From childcare to eldercare: EAC-PM working paper pitches inter-ministerial push to formalise care economy
New Delhi: A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) has proposed a dedicated fund, a skilled and better-paid workforce, policy reforms and quality standards as part of an inter-ministerial framework to boost the care economy. The paper estimates domestic demand for care workers will exceed 30 million by 2050, alongside a sharp rise in…
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