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Zomato, Swiggy to give up to 2% yearly turnover for welfare of gig workers

Food delivery and quick commerce platforms like Zomato, Swiggy and Zepto must now contribute up to 2 per cent of their turnover for gig and platform worker welfare

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Under the code, for the first time, the definitions of “aggregator”, “gig worker” and “platform worker” have been mentioned.

Udisha Srivastav New Delhi

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Online aggregators, which include companies like Zomato, Swiggy and Zepto, will now be required to contribute up to 2 per cent of their annual turnover, capped at 5 per cent of payments, towards the welfare of gig and platform workers.
 
The development comes as the country announced four Labour Codes on Friday, including the Code on Social Security (2020).
 
Under the code, for the first time, the definitions of "aggregator," "gig worker," and "platform worker" have been mentioned. According to the Ministry of Labour and Employment, the code will provide security to all workers such as provident fund (PF), employees'