Gig Workers in India-People Can Work At Anywhere They Want Hereafter- Finance Commission Report. Instead of a traditional, in-office, full-time job with a single company, gig workers work as short-term, temporary, or independent contractors for one or a variety of employers (though they are not employers in the traditional sense). Gig workers are independent contractors, online platform workers, contract firm workers, on-call workers and temporary workers. Gig workers enter into formal agreements with on-demand companies to provide services to the company’s clients.
The Finance Commission has estimated that India currently employs 77 lakh people and will increase to 2.35 crore by 2029-30 in a gig economy where people can do what they want without having to work for a single company. Gig economy is the result of companies that want to be self-employed without restrictions and who think that just paying someone who can effectively do a particular job is enough. This is also called the Freelance Economy.
Statistics show that by 2027, 50 percent of the total workforce in the United States, or 8.6 million, will be kick workers. The number of kick workers in the UK has doubled in the last 3 years. India’s gig economy currently employs an estimated 77 lakh people. 2.35 Crore, almost triple by 2029-30, according to a new report by the Finance Commission.
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