Gig Economy In India

Paytm founder praises fintech firms for job creation, boosting economy

Vijay Shekar Sharma emphasises the transformative impact of India's digital services sector on employment and economic growth, appreciating the efforts of 'Indian Digital Services' workers

Social security policy for gig, platform workers under process: Mandaviya

Union Labour Minister Mansukh Mandaviya on Thursday said a policy for providing social security benefits like pension and health services to gig and platform workers is under process. Talking to reporters, the minister said Niti Aayog has estimated 65 lakh gig and platform workers in the country, but the number is likely to be over two crore as this segment is growing very fast. He explained that the service sector is moving very fast to platforms for ease of consumers and expanding their operations. About different provisions of the Social Security Code for gig and platform workers, he said, "We cannot deprive them of their rights till the implementation of the Code. We have to bring a policy before that". About the timeline for bringing the policy, he said the ministry wants to bring the policy at the earliest. "I want to do a lot of things before the next budget," he said. Earlier in the day, the minister chaired the meeting of representatives of various associations and union

Hiring surge in gig economy: 1 million jobs to boost this festive season

As the festive season approaches, India's gig economy is set to create around one million jobs, driven by demand in e-commerce, retail, and logistics, with a notable rise in female participation

BigBasket, Urban Company lead in fair pay; most platforms fall short

Booming gig economy, dismal pay: Fairwork report reveals only two out of 11 major online platforms ensure their workers earn at least the local minimum wage after deducting work-related expenses

Centre considers early rollout of social security for gig economy workers

The Ministry of Labour and Employment is urging digital gig economy aggregators to prepare for extending social security benefits to temporary and freelance workers

Gig hiring to soar by 20% in festive season, e-commerce may lead: Indeed

As festival season is about to begin, seasonal hiring is projected to surge by 20 per cent over last year, with the e-commerce industry leading the trend amid increased demand, according to the data by job site Indeed. The top gig roles that have been witnessing increased hiring are delivery executives, warehouse workers, logistics coordinators, in-store sales executives, and customer care executives, the data showed. Several industries are reporting a marked increase in demand for seasonal workers, with e-commerce leading the trend with a 35 per cent rise in demand, followed by logistics (15 per cent), retail (14 per cent), and quick commerce (11 per cent). "The festive season is a crucial period for businesses across India, and we're seeing a significant uptick in hiring for seasonal roles as companies prepare to meet heightened consumer demand. "The industries that are growing -- e-commerce, logistics, quick commerce -- are doing so because they're aligned with the needs and ...

Festive season to boost gig rider demand by 40% on quick commerce platforms

The quick and ecommerce sector is expected to expand its workforce by hiring an additional one to two million gig riders throughout the upcoming festive season

Rahul highlights plight of gig workers, posts video of his cab ride

Leader of Opposition in the Lok Sabha Rahul Gandhi on Monday highlighted the plight of gig workers and asserted that the Congress governments in states would make concrete policies to solve their problems while the INDIA bloc would strive for ensuring their nationwide implementation. Gandhi made the remarks on X, where he posted a video of a recent ride he took in a Uber cab and the interaction he had with the driver. "Low income and inflation ruining lives -- this is the plight of India's gig workers! In discussion with Sunil Upadhyay ji during a Uber ride and then, after meeting his family, took stock of the problems faced by gig workers such as cab drivers and delivery agents in the country," the former Congress chief said in Hindi on X. "They are barely surviving on 'hand to mouth income' -- no savings and no foundation for the family's future. To solve these, the state governments of the Congress will do justice by making concrete policies," he said. The INDIA 'janbandhan' wil

Over 77% of gig workers earn less than Rs 2.5 lakh annually in India

In a survey covering 2,000 gig delivery workers from 40 cities in India, nearly 20 per cent had an annual income between Rs 2.5 lakh and Rs 5 lakh

Does Swiggy charge delivery agents for branded kits? Viral post says yes!

Viral post claims that quick commerce platform Swiggy charges its delivery executives for t-shirts, bags, and raincoats. Costs of items vary between Rs 300 to Rs 1,199

AI, agro-processing, gig economy with most job potential: Economic Survey

Economic Survey 2023-24: The gig workforce is expected to expand to 23.5 million by 2029-30, forming 6.7% of the non-agricultural workforce, and 4.1% of India's total workforce

Country needs national social security architecture for gig workers: Cong

Citing legislations by its state governments to ensure justice for gig workers, the Congress on Thursday said India needs a national legal and social security architecture for such workers and hoped that the forthcoming Union Budget will take a step in that direction. Congress general secretary, in-charge communications, Jairam Ramesh said the Karnataka Platform-based Gig Workers (Social Security and Welfare) Bill, 2024 is a landmark rights-based legislation that brings formal rights and social security to platform-based gig workers in the state. The Karnataka Government last month released a draft of the proposed Karnataka Platform Based Gig Workers (Social Security and Welfare) Bill, 2024 aimed to protect their rights in the state with creation of a board, welfare fund and grievance cell among other mechanisms. Ramesh listed some of the features of the bill such as establishing the gig worker's social security and welfare fund and gig workers welfare board to advocate for gig ...

Karnataka govt set to introduce draft Bill to protect gig workers' rights

The draft Bill will reportedly ensure protections such as grievance redressal and safeguards against unjust dismissal for gig workers in ride-hailing and delivery services

Decline of 9-5 grind: Rise in number of women employees opting gig for work

The number of female consultants in India registering for freelance positions has surged by over 300 per cent in FY24 over FY22

Centre plans to extend PMSBY claims deadline for informal workers

Between August 2021 and March 2022, close to 270 million workers had registered on the e-Shram portal

India's rapidly expanding gig economy: Do we really understand it?

NITI Aayog report defined gig workers as those engaged in livelihoods outside the traditional employer-employee arrangement and classified them into platform and non-platform-based workers

What are the speed-breakers faced by Indian gig-workers on the fast lane?

The Congress party has recently promised to bring in a new law for the gig and platform economy. Take a look at the lives of gig workers as they navigate through an unregulated sector

80% people feel gig workers will overshadow traditional workforce: Report

With a steady growth in demand for freelancing jobs in the country, a report on Wednesday said that 83 per cent of respondents believe that going forward, the gig workforce will overshadow the traditional workforce. The report by staffing solutions and HR services provider Genius Consultants is based on an online survey among 1,310 employees across sectors such as banking and finance, education, FMCG, hospitality, HR solutions, IT, ITES, and manufacturing. An overwhelming 83 per cent of respondents believe that the gig workforce will eventually overshadow the traditional workforce, indicating a paradigm shift in the employment landscape, the report said. The report further said that 79 per cent of those interviewed view the gig workforce structure as more cost-effective and economical compared to traditional, permanent, and contractual talent, revealing potential benefits for businesses adopting gig models. Meanwhile, the report found that 64 per cent of employees anticipate an ...

Telangana CM announces Rs 5 lakh accident insurance policy for gig workers

Telangana Chief Minister A Revanth Reddy Saturday said the state government will provide Rs 5 lakh accident insurance to gig workers such as those involved in food delivery, and driving cabs and auto-rickshaws. According to an official release, he also assured the gig workers that the government would provide Rs 10 lakh health cover under the Rajiv Arogyasri scheme. Attending a meeting of cab and autorickshaw drivers and food delivery executives here, the chief minister said the state government will provide social security to workers in the unorganised sectors and will make a policy decision in this direction. Reddy promised that the state government would study the existing policy for gig workers in Rajasthan and introduce an effective law in the next state budget session, the release said. He also announced Rs 2 lakh financial assistance to the family of a food delivery executive who died four months ago after he fell from a building. The chief minister advised the cab and ...

Travel and tourism industry's hiring demand up 44% YoY in August: Report

Sales and business development roles have the highest hiring demand in the travel & tourism industry, and demand for gig workers, such as photographers, event planners, etc have increased by 14%