Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
National

World's richest country plans to pay parents Rs 8.5 lakh to stay at home

United States is considering a plan that would pay married parents close to Rs 8.5 lakh a year simply for staying home to raise their own children, instead of sending them to daycare.

According to a report by The New York Times, which cited people familiar with the matter, the Trump administration is preparing a draft rule that would let one parent claim government support if the other spouse works at least 35 hours a week. The money would come out of an already existing federal fund, not a new pot of taxpayer money.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.