Niti Ayog report estimates around 2.35 crore workers to join gig economy
According to a report released by NITI Aayog, by the year 2029-30, about 2.35 crore will be connected to the gig economy in India. They will be able to earn their living by joining gig work means a company or organization temporarily or contractual basis. This population will be about 4.1 percent of the total manpower of the country. It has been told in the NITI Aayog report that in the year 2020-21, about 77 lakh people are connected to the gig economy. This report of NITI Aayog on Gig Economy and Platform has been released on Monday. In this report of NITI Aayog, suggestions have also been given to ensure social security of the workers and their families working in the gig economy.
The NITI Aayog report titled India’s Booming Gig and Platform Economy states that by the year 2029-30, 6.7 percent of the workers engaged in non-agricultural activities in India will join the gig economy. This will be around 4.1 percent of the total workforce of the country.
It has been told in the report that in the year 20-21, about 77 lakh people were connected to the gig economy in the country. At present, this figure is about 2.4 percent of the workers engaged in non-agricultural work while 1.3 percent of the total workforce of our country.
Who are gig workers?
Gig workers are people who work differently from traditional workers. There are some jobs/tasks in every business that can be done by a non-permanent employee instead of a permanent employee. For such work, companies pay employees on the basis of work done. In other words, the employees hired on the basis of payment for work are called gig workers or freelancers. However, such employees may also remain associated with the company for a long time.
There is an agreement between the employee and the company working as a gig worker. Under this agreement, the employee has to act on the company’s call. Based on this work, the company pays the wages to the gig worker. These employees do not get the benefits of social security schemes like salary and allowances etc. of the company like the permanent employees of the company. Most gig workers are relatively young. Their day-to-day working hours are also shorter as compared to traditional workers.
