Aiming to boost the women’s workforce participation, Niti Aayog will roll out a policy roadmap to enable the population to participate in the gig economy and suggest measures to develop a care economy.
Looking at a multi-dimensional approach, Niti Aayog will aim to accelerate employment. The Economic Times quoted a source from the apex think tank in a news report saying, “India needs to speed up job creation. While millions of youth are added to the workforce every year, several million have lost their jobs during the pandemic.”
As per reports, the Indian gig economy can offer up to 90 million jobs in the non-farm sectors of India. As a result, it can contribute 1.25% of the country’s GDP.
News reports stated that the policy will be rolled out in a few months.
The care economy has come under the spotlight following the demand for child care and elderly care. The ILO has said that the spurt in demand across regions. ILO noted, “The care economy is growing as the demand for childcare and care for the elderly is increasing in all regions. It will thus create a great number of jobs in the coming years. However, care work across the world remains characterized by a void of benefits and protections, low wages or non-compensation, and exposure to physical, mental, and, in some cases, sexual harm. It is clear that new solutions to care are needed on two fronts: in regards to the nature and provision of care policies and services, and the terms and conditions of care work.”
