New Delhi, July 25 -- India's gig economy has seen a sharp rise over the past five years. According to various news reports, there are approximately 12 million gig workers as of FY 2024-25, up from 7.7 million in 2020-21, now comprising over 2% of the total workforce. This growth-at a compound annual rate of about 17% and a 38% year-on-year surge in FY 2024-25-has been fuelled by digital connectivity, rapid urbanisation, and a cultural shift toward more flexible work arrangements. However, this shift is more than a trend; it marks a structural transformation in India's labour economy.
Let's begin by redefining what it means to be a gig worker. Contrary to popular belief, gig workers aren't just young people doing trendy or flexible jobs....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.