Gig Economy Jobs: India’s gig economy can create more than 9 crore employment opportunities in the coming time. This information was given in a report released on Thursday. It was further told in the report that this can increase the gross domestic product (GDP) by 1.25 percent.
The report by ‘Forum for Progressive Gig Workers’ said that the gig economy supporting e-commerce, transportation, delivery services and others is expected to grow at a compound annual growth rate (CAGR) of 17 percent to reach $455 billion in the coming years. hopefully. The gig economy has created millions of non-agricultural jobs, with e-commerce alone creating more than 1.6 crore jobs.
Gig economy will play an important role in India’s economic development- report
K Narasimhan, convenor of the ‘Forum for Progressive Gig Workers’, says that the report presents an initial attempt to analyze the evolving dynamics between big companies and gig workers. Gig economy will play an important role in India’s economic development and will be helpful in creating employment, reducing income inequalities and promoting innovation in various sectors.
Central government also formed a committee for the benefits of gig and platform workers
The central government has also constituted a committee to create a framework for the purpose of providing social security and welfare benefits to gig and platform workers. A few days ago, Minister of State for Labor and Employment, Shobha Karandlaje, in a written reply in the Lok Sabha, said that provisions related to social security and welfare benefits for gig and platform workers have been mentioned in the ‘Social Security Code-2020’.
He said that the Code has provisions to formulate appropriate social security measures for gig and platform workers on matters relating to life and disability cover, accident insurance, health and maternity benefits, old age security etc. The Code also provides for the establishment of a Social Security Fund to finance the welfare scheme.
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