Phase IFoundation
Background
Overview
The gig economy is a rapidly growing sector in India, impacting employment patterns, labor rights, social security, and the overall economic landscape. Understanding its dynamics, opportunities, and challenges is crucial for policy formulation related to inclusive growth, social justice, and the future of work.
The gig economy refers to a labour market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs. Workers in the gig economy, often facilitated by digital platforms, typically perform tasks on demand, offering flexibility but often lacking traditional employee benefits and social security.