Chandrashekhar R
The gig economy in India is rapidly expanding, potentially creating over 90 million jobs in the next decade across various sectors. This flexible employment model allows gig workers to engage in short-term, freelance, or project-based work without fixed long-term contracts. Despite challenges such as data gaps and methodological issues, studies suggest that the gig economy could contribute significantly to India’s GDP. Urban areas serve as hubs for gig work, enabled by information technology and agglomeration economies. The gig workforce has grown substantially, with estimates indicating around 68 lakh gig workers in 2019-20. While gig work offers flexibility, policymakers must address issues like job insecurity and lack of benefits to ensure fair labor practices and social protection. Overall, the gig economy plays a vital role in workforce diversity and economic growth in India.
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