Rapporteur Report | Building Inclusive Economies: Gender, Financial Inclusion, and the Platform Workforce

NCAER, in collaboration with the International Labour Organization (ILO), organised a one-day roundtable titled Building Inclusive Economies: Gender, Financial Inclusion, and the Platform Workforce on 08 December 2025 at the NCAER campus in New Delhi.

The event brought together a diverse group of stakeholders, including senior government and RBI officials, representatives of the ILO and its social partners, NCAER researchers, and platform aggregators. Discussions focused on the linkages between gender, financial inclusion, and social protection in the platform economy, with the aim of moving beyond broad frameworks to identify specific, actionable gender-responsive policy recommendations at the intersection of labour regulation, fintech-led innovation, and social protection.

India’s reading class is shrinking

When work is exhaustive, commutes are long, and phones are an easy distraction, leisure reading becomes a luxury.

India has long nurtured the image of a “reading society”, a civilisation rooted in the written word. We celebrate the chaos of book fairs, obsess over the rigours of curriculum reform, and fret incessantly over the learning outcomes of our youth. Yet, beneath this performative commitment to education, a fundamental pillar of our intellectual life is quietly crumbling – the habit of reading for pleasure.

Recent data from the Time Use Survey (TUS) suggests that leisure reading in India is not going through a change in taste, but rather a crisis of time. Between 2019 and 2024, the percentage of Indians who reported reading for leisure dropped from 5.4 per cent to a mere 4 per cent. While this decline may seem statistically subtle, it represents millions withdrawing from the world of reading leisure books entirely. This is not a passing phase; it is a structural shift that cuts across age, gender, and geography.

The data present a startling contradiction and paradox. Among the shrinking tribe of those who still read, the intensity of the habit has not faded; in fact, women (69.1 minutes a day), children (77.1 minutes), and adolescents (74.5 minutes) are reading for longer durations than they did five years ago. The crisis, therefore, is not that current readers are becoming distracted or they care less. It is that fewer people are managing to remain readers at all.

The erosion is most visible among those in the prime of their lives, i.e., adults between their twenties and fifties. They are spending less time in leisure while grappling with the triple burden of modern Indian life – gruelling work hours, unstable employment, and the soul-crushing toll of urban commuting. For these individuals, leisure reading is no longer a restorative block of time; it is a series of fragments. It is also a worrying sign that the elderly, traditionally the strongest readers, are seeing less participation and less time dedicated to leisure reading between 2019 and 2024.

When leisure fragments, reading, which requires a sustained cognitive deep dive, is the first casualty. It is perhaps being replaced by passive screen consumption, a medium that fits into the exhausted gaps of a workday.

The gender dimension of this decline is particularly revealing. While women spend more time reading (about 69 minutes) than men (57 minutes) when they do find the opportunity, far fewer women now report reading at all (a decline to 2.2 per cent in 2024 from 3.5 per cent in 2019). As unpaid domestic labour and care responsibilities expand, women’s leisure reading becomes increasingly fragile and conditional. In today’s India, reading survives only among those who can afford uninterrupted personal time, a luxury that remains unequally distributed.

Rural and urban trends tell a story of paradox. While urban residents’ participation is more than their rural counterparts, participation has declined in both settings, albeit the fact that rural residents have been averaging about 62 minutes, urban residents’ time spent has declined to 59.5 per cent. This suggests that rising work intensity, longer commutes, and digital saturation are shaping daily life in cities.

A public policy of rest

Treating this decline as a mere cultural shift or a failure of moral character misses the point. Reading for pleasure is a critical indicator of cognitive well-being and democratic health. A society that stops reading tends to drift towards fragmented information and polarised, shallow engagement. When the book disappears, the public sphere becomes poorer. If we are serious about building a knowledge economy, we must look beyond school enrolments and digital connectivity.

We must address the structural forces that shrink our leisure reading time. Policies must account for work intensity and the right to disconnect. Multi-hour commutes should not be treated as an invisible part of the day. Libraries and community spaces are vital, but they are useless if the citizenry is too exhausted to use them.

India’s reading crisis is not a failure of character, but a failure of structure. We are not a nation losing its curiosity; we are a nation losing its time.

A far greater challenge to leisure reading also comes from the colonisation by short-form video through platforms like Instagram Reels and YouTube Shorts, which are engineered
to provide dopamine hits in seconds-long intervals. The smartphone has evolved from a tool into an appendage. Because our phones are now our wallets, maps, and offices, they are always in
our hands, thereby ensuring that the default choice for a bored mind is a scroll, not a book. Reading competes poorly with platforms designed to exploit fatigue, boredom, and emotional vulnerability.

(Palash is Fellow at the National Council of Applied Economic Research [NCAER], New Delhi; Wankhar is a retired Government of India officer). View are personal.

NCAER News: January 2026

NCAER News is a monthly digest where you can learn about NCAER’s research outputs, its latest events, and offerings.

India Human Development Survey: January 2026

The IHDS Forum is a monthly update of socio-economic developments in India by the IHDS research community, based on the India Human Development Survey, jointly conducted by NCAER and the University of Maryland. While two earlier rounds of the survey were completed in 2004-05 and 2011-12, respectively. Fieldwork for the third round was undertaken in 2022-24 and the data is currently being cleaned and processed.

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India is facing a silent elderly care crisis. Budget 2026 must confront it

India has a framework of policies and programmes aimed at supporting older persons, but these are under-utilised and under-resourced relative to the scale of need.

At 101 and 92, the two sisters lived alone in a senior citizen housing complex in Pune, a bustling city. Former freedom fighters and fiercely independent, they were determined to retain control over their daily lives for as long as possible. The only close relative — the elder sister’s only son — was himself close to 80, single, and increasingly unable to care for his mother as her mobility and health needs intensified. 

When managing on their own became impossible, the sisters were moved from the housing complex into an assisted care home — a solution that exists more by exception than by design in India. The younger sister died there. The elder, who was later moved to another facility with her son, passed away late last year at the age of 104.

This true story, deeply unsettling in its own right, involves elderly who could afford at least some support, unlike many other elderly in India without adequate financial resources. It underscores a national challenge unfolding silently: millions of elderly Indians are ageing without reliable support. 

As we wait for the upcoming Union Budget, policymakers must grapple with not just headline issues such as investment climate, fiscal prudence, and job creation, but also a demographic shift affecting over 150 million Indians aged 60 and above, a figure expected to reach 230 million by 2036 and nearly 350 million by 2050. The Union Budget 2026 offers a critical opportunity to reimagine elderly care as essential demographic infrastructure. 

Old and alone

While most older adults live with families, a significant minority are ageing alone or living with another older adult, usually a spouse. According to estimates based on the latest Periodic Labour Force Survey (2023-24), which covers the demographic details of each household member, around 20 per cent of the elderly population lives alone or with another elderly household member. This translates to an alarming 30 million elderly people living all by themselves. There is a slightly higher prevalence in urban areas, at 21.6 per cent, as compared with 18.3 per cent in rural areas, highlighting shifts in traditional living arrangements, with women disproportionately represented among the elderly living alone.

Despite this reality, formal institutional care remains scarce. According to recent government data, as of 2025, there are 696 senior citizen homes across India, providing shelter, nutrition, medical care, and recreation, with 84 new homes approved in the current financial year. Even so, they serve a very small fraction of the elderly.

India has a framework of policies and programmes aimed at supporting older persons, but these are under-utilised and under-resourced relative to the scale of need. The National Policy on Older Persons (1999) articulates goals for financial security, healthcare, and shelter, but lacks clear budget lines and measurable outcomes. 

Broader social security programmes provide some financial cushioning: pension-targeted savings schemes like the Senior Citizens Savings Scheme and Pradhan Mantri Vaya Vandana Yojana offer income support for eligible seniors, while flagship schemes like Ayushman Bharat extend health insurance that can reduce hospitalisation costs, albeit without elder-specific long-term care coverage. As of December 2024, more than 1 million senior citizens aged 70 years and above had enrolled for Ayushman Vay Vandana Card, enabling them to access free healthcare benefits under the AB PM-JAY.

All these measures are demand-side interventions that improve the affordability of care for the elderly, but they do little to expand the overall supply of healthcare facilities in India, and even less so for elder-specific care. Health initiatives such as the National Programme for Health Care of the Elderly (NPHCE) aim to integrate preventive and curative geriatric care into public health infrastructure, but coverage and specialist capacity remain limited, with uneven implementation across states. 

A budgetary realignment

The human consequences of this gap are stark. Older adults living alone or with limited family support face a higher prevalence of loneliness, mental health challenges, and unmet daily care needs, even as chronic diseases become more common with age. In one survey, conducted across communities in India, more than half of older adults reported feelings of loneliness, and a third said they experienced social isolation — conditions that directly affect well-being. 

The Maintenance and Welfare of Parents and Senior Citizens Act, 2007 and the subsequently amended Maintenance and Welfare of Parents and Senior Citizens (Amendment) Act, 2019 legally obligate children and heirs to provide maintenance to parents. Yet it remains under-invoked and difficult to enforce for several reasons, including a lack of awareness and social stigma.

Elderly care requires dedicated financial support to expand geriatric healthcare, including training specialists, establishing more geriatric wards and outpatient services, and financing community- and home-based care networks that can support seniors ageing in place. Subsidised assisted living and scaling up of senior citizens’ homes must be part of a broader continuum of care, with priority given to low-income and rural seniors who lack family support. 

Social security systems should be strengthened and indexed to inflation to ensure income adequacy for basic needs and healthcare. Additionally, investing in robust data systems to monitor living arrangements, service utilisation, and policy outcomes will improve planning and accountability.

Without such a budgetary realignment, the limited care the Pune sisters accessed and self-funded will remain unattainable for most elderly Indians, and even those who can afford it will find options scarce, allowing precarious ageing to become the norm rather than the exception in a rapidly ageing country.

Vidya Mahambare is a Professor of Economics at the Great Lakes Institute of Management, Chennai. Poonam Munjal  is a professor and Palash Baruah is a fellow at the National Council of Applied Economic Research (NCAER), Delhi. Views are personal.

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