A working paper from the Prime Minister’s Economic Advisory Council argues that India must treat childcare and eldercare as core economic infrastructure. It proposes a dedicated funding mechanism, better pay and conditions for care workers, and policy changes to shift care from a private responsibility to a formal sector. The report forecasts demand for care workers will exceed 30 million by 2050.
India’s Prime Minister’s economic advisory panel is calling for a sweeping revamp of the care sector, warning that demand for caregivers could exceed 30 million by 2050. It proposes a dedicated fund, rapid creation of a skilled workforce, and channeling corporate social responsibility money into care projects—aiming to expand jobs while supporting families and tackling rising care needs.
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An EAC-PM working paper, Re-imagining the Care Economy, reframes care work from a private burden to social and economic infrastructure. Co-authored by economists and policy experts, it projects India’s domestic demand for care workers could surpass 30 million by 2050, with international demand also rising—making care a major labor market challenge and opportunity.
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