The Gig economy in India is in a state of conflict at the moment. The Covid-19 the epidemic has hit it hard, with some critics predicting the end of the gig economy (also sometimes referred to as the sharing economy, on-demand economy, mesh economy). Others are more optimistic and feel that with work becoming remote, there will be an increase in the gig workforce, expanding to several new sectors in the economy.
The gig workers have faced the brunt of the coronavirus pandemic in the absence of safety nets. A welcome move is a Code on Social Security, 2020 passed recently by the Parliament. It aims to safeguard the interests of the gig workers by providing them with social security benefits, though shrouded in ambiguity.
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