Most of one wall was a high-tech digital screen. The very large room was designed for meetings that many would join online. The opposite wall was glass, through which you had an unobstructed view of 30km out from the 20th floor office of this multilateral institution, which was co-hosting the meeting along with a sensible organization. The topic: The economic empowerment of women in rural India. There were 40 people in the room and a similar number on the screen—crystal clear with great audio.
Quickly, the conversation turned to the ‘care economy.’ It was not clear to me what that meant in rural India, but many people seemed to be sure. Somehow, crèches became the focus of the discussion. Because there seemed to be a general consensus that crèches could serve the nutritional needs of very young children, provide more mothers an opportunity to join the workforce and also employ women themselves.
The fluent economists debated the wage premium that would get the best women from the village as crèche workers. Progress on this matter was bogged down since 20 of the people in the meeting seemed to be economists and they got into the thick of what data was available and what should be used.
Denne historien er fra December 24, 2024-utgaven av Mint Bangalore.
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Denne historien er fra December 24, 2024-utgaven av Mint Bangalore.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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The Archetypical Insider Who Guided India Towards Its Economic Potential
Manmohan Singh was chief guest at the annual convocation of the Indian Institute of Management Bangalore on 15 April 1991.
A Vision
Former prime minister Manmohan Singh's tenure (2004-2014) witnessed significant reforms that profoundly impacted India's economy, governance, and social infrastructure. His reforms focused on pressing issues such as poverty alleviation, education, healthcare, and corruption. Mint takes a look at the key reforms that reflect Singh's enduring legacy.