Phase IFoundation
Background
Overview
This concept is crucial for understanding the evolving nature of work, the challenges of social protection in the digital age, the role of government in regulating new economic models, and the balance between economic growth and worker welfare. It touches upon social justice, economic policy, and governance.
The gig economy refers to a labour market characterized by the prevalence of short-term contracts or freelance work, as opposed to permanent jobs. In India, the rapid growth of the gig economy, particularly through digital platforms, has brought to the forefront challenges related to worker classification, social security, and fair working conditions, often falling outside traditional labour law frameworks.