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Thursday, December 26, 2024

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NITI Aayog, The Union government’s think tank, has released a new policy brief titled “India’s Booming Gig and Platform Economy”, which has catalyzed significant discussion and highlighted the importance of Platform Economy. This claims to offer “perspectives and recommendations on the future of work”, provides a handy guide to this increasing segment of the labor force but also some recommendations, which need to be more widely discussed and some changes which need to be implemented. There is no question that at least some coherent thinking needs to be applied to gig work in India. As of now almost 8 million workers are part of India’s gig economy, and this number is projected to grow to almost 24 million by the end of the decade due to various highlighting results. About a third of this number, according to the NITI Aayog, are in “low-skilled” segments of the gig economy which accounts to most of the unorganized sector.

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