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The Economic Times

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Care economy in India: EAC-PM working paper lays out a roadmap

The paper, Re-imagining the Care Economy: From Private Burden to Social and Economic Infrastructure and co-authored by Shamika Ravi, member of EAC-PM, Mitali Nikore, who is the founder and chief economist at Nikore Associates, Dr. Bhabesh Hazarika, economist at the National Institute of Public Finance and Policy (NIPFP) and Sindhuja Penumarty, young professional at EAC-PM, pegs the domestic demand for care workers to exceed 30 million by 2050 alongside a significant rise in international demand for care workers..

5 May 2026 3:43 pm