The Gig Economy

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

Australian fintech MyGigsters expands to India to power the future of work

Backed by major investors and strategic partners, the company aims to help 10 million independent workers access financial security by 2030

Flipkart Marketplace sees 25% rise in sellers ahead of festive season

Flipkart Marketplace has recorded 25-30% growth in sellers over six months, aided by AI tools, simplified GST compliance and expanded fulfilment ahead of the festive season

Best of BS Opinion: India's new-age economy gets a data reset

Today's Opinion pieces explore a new data framework, the Bima Sugam initiative, the real impact of the GST rate cuts, and what the startup ecosystem really needs

Qcom firms fail to meet basic standards, says Delhi-based workers' union

Union audit of 51 qcom warehouses in Delhi finds poor access to toilets, rest areas, safety gear, and management support for gig workers across major platforms

One Act and 3 Bills on, gig workers say there is progress, but not enough

Employer-employee relationship, work hours, wage guarantee, termination from work by platform remain pressing concerns

Gig work a challenge for sustained earnings and skill enhancement: Study

The study by the labour ministry-affiliated VV Giri National Labour Institute (VVGNLI) focused on the current scenario of gig workers and their socio-demographic

Qcom to lead gig workforce hiring in 2025 amid expansion, rising demand

While qcom has emerged as a viable alternative, the overall investments and count of players in the segment will go up

Budget 2025 recognises influence of gig workers, says artist Paresh Maity

Says the budget is forward looking and will definitely make India the third largest economy by 2030

India's gig economy may add 90 million jobs, contribute 1.25% to GDP

Forum for Progressive Gig Workers' report says this market is expected to expand at 17% CAGR to reach a gross volume of $455 bn by year-end

Ola Electric rides into gig segment; set to launch sub-Rs 40K e-scooter

Ola Electric aims for wider adoption through collaboration with Ola Cabs

Pension for gig workers; choosing an EV: Top personal finance stories

This week we write about how white-collar freelance professionals can build a retirement corpus and what to look for in an electric car

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

66% of gig workers file zero returns, 78% earn under Rs 2.5 lakh: Survey

The survey covered over 2,000 workers employed by companies like Zomato, Swiggy, Uber, and Amazon across 40 cities

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

Govt should create centralised authority for gig workers, says report

The report consulted with 10 platforms having nearly 4.5 million workers and a total revenue of Rs 56,400 crore along with two workforce providing platforms

Gig worker earnings surge 48% during 2023 festival season: PickMyWork

PickMyWork claims to offer its gig workers three times higher earnings per hour compared to "traditional delivery gigs."

Online gig work growing rapidly, but lack job protections: World Bank

Online gig work is growing globally, particularly in the developing world, creating an important source of employment for women and young people in poorer countries where jobs are scarce, according to a World Bank report released on Thursday. The report estimates the number of global online gig workers at as many as 435 million people and says demand for gig work increased 41 per cent between 2016 and the first quarter of 2023. That boost is generating concern, though, among worker rights advocates about the lack of strong job protections in the gig economy, where people work job to job with little security and few employment rights. While location-based gig services such as Uber, Lyft and TaskRabbit require labour like moving and delivery, online gig assignments can be largely done at home. Tasks include image tagging, data entry, website design and software development. For women in the developing world, there aren't enough opportunities and they really struggle to get good quali

2 out of 3 informal employees expect life insurance from their employer

Findings from the report indicate that informal employees are prioritising factors such as prestige and career potential over wages today.

6 out of 10 IT firms hiring more gig workers as industry sees slowdown

Permanent jobs in the IT sector have seen a reduction of 5% this year as compared to last year, while the number of gig workers has increased by 40%