10.8 trillion dollars is the estimated value of unpaid labour attributable to women around the world. Women in India spend two 97 minutes per day on household work, men spend a mere 31 minutes. How do you calculate the value of this unpaid labour? Most people recommend something called a time use survey. But some people argue that when you conduct surveys, you may not get the right answer for most women.
When we wrote a story for women’s day last year we told you how women’s role in the economy gets easily distorted because their unpaid work at home isn’t officially considered while measuring economic growth. So, in today’s episode for 8th March 2023, we thought we’d expand on it a bit and dive into the value of women’s unpaid household chores and whether it calls for monetary compensation.
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