📺 Don't Miss The Latest Episode On The WTM Podcast With Dr Shamika Ravi. Watch Here!
Women Workforce, Care Economy, TFR Decline & Bihar's Growth
Dear Listeners,
In the latest episode of the What This Means podcast, we discuss various issues with economist and member of the Economic Advisory Council to the Prime Minister of India, Dr Shamika Ravi.
From women leaving the workforce at forty to a rapidly falling fertility rate, from risk aversion to weak government capacity, and from Bihar’s revenue-less growth to migration, Dr Ravi lays out why these challenges are structural and how they shape India’s next four decades of growth.
"We really need to grow for the next four to five decades to get to high-income status, which means we need a working population which can sustain not just little kids who are dependents but also rapidly expanding older people. We have around 120 million people above the age of 60."
The solution? "We need public policy to have a role. Daycare, childcare, eldercare — we need much more staff that can support with nursing, children and elders," Dr Ravi says.
Watch the full episode on YouTube or Spotify. You can also listen to it on Apple Podcasts.
Tune in now!
Your host,
Diksha Yadav