Why is the Care Economy Important?

Demographic Transition

India's ageing population is increasing rapidly, creating greater demand for healthcare, long-term care, and social support.

Economic Growth

Investment in care services generates employment, especially for women, while improving labour force participation.

Gender Equality

Women perform a disproportionate share of unpaid care work. Expanding formal care services helps reduce this burden and promotes women's economic empowerment.

Human Capital Development

Better care improves health, education, productivity, and overall quality of life.