Niti Aayog Study: India’s Gig Workforce to Grow 2.35 Crores by 2029-30

Niti Aayog Study: India’s Gig Workforce to Grow 2.35 Crores by 2029-30
Niti Aayog Study: India’s Gig Workforce to Grow 2.35 Crores by 2029-30

The government policy think tank Niti Aayog was set by the GOI for the welfare of society.  Niti Aayog’s has suggested specific measures should be taken for social security, including paid leave, occupational disease and work accident insurance, support during irregular work and pension plans for the gig workforce in the country. Due to this implementation, the gig workforce has expected to grow by 2.35 crores by the year 2029-30.

On Monday, the study released by Niti Aayog, there were 77 lakh workers engaged in the gig economy in 2020-21. According to the study, India requires a structure that stabilizes the flexibility offered by the platforms while ensuring workers’ social security. The collateral manifesto of work has given rise to a new classification of labour, i.e., platform labour has fallen outside the scope of the traditional dichotomy of formal and informal labour.