Report: By 2030, 2.35 crore people of the country will join gig work for a living, claims NITI Aayog


Posted on 28th Jun 2022 01:17 pm by rohit kumar

According to a report released by NITI Aayog, by the year 2029-30, about 2.35 crore will be connected to the gig economy in India. They will be able to earn their living by joining gig work means a company or organization temporarily. This population will be about 4.1 percent of the total manpower of the country. It has been told in the NITI Aayog report that in the year 2020-21, about 77 lakh people are connected to the gig economy. This report of NITI Aayog on Gig Economy and Platform has been released on Monday. In this report of NITI Aayog, suggestions have also been given to ensure the social security of the workers and their families working in the gig economy.

 

The NITI Aayog report titled India's Booming Gig and Platform Economy states that by the year 2029-30, 6.7 percent of the workers engaged in non-agricultural activities in India will join the gig economy. This will be around 4.1 percent of the total workforce of the country.

 

It has been told in the report that in the years 20-21, about 77 lakh people were connected to the gig economy in the country. At present, this figure is about 2.4 percent of the workers engaged in non-agricultural work while 1.3 percent of the total workforce of our country.

 

Who are gig workers? (Who are gig workers)

 

Gig workers are people who work differently from traditional workers. There are some jobs in every business that can be done by a non-permanent employee instead of a permanent employee. For such work, companies pay employees based on work done. In other words, the employees hired based on payment for work are called gig workers. However, such employees may also remain associated with the company for a long time.

 

There is an agreement between the employee and the company working as a gig worker. Under this agreement, the employee has to act on the company's call. Based on this work, the company pays the wages to the gig worker. These employees do not get the benefits of social security schemes like salary and allowances etc. of the company like the permanent employees of the company. Most gig workers are relatively young. Their day-to-day working hours are also shorter compared to traditional workers.

 

According to the NITI Aayog report, about 26.6 lakh gig workers are working in the retail, trade, and sales sectors, while 13 lakh people are working in the transportation sector. Apart from this, 6.3 lakh people are involved in construction and 6.2 lakh people in the insurance and finance sector.

 

Currently, 47 percent of gig workers are in medium-skill jobs, while 22 percent are in high-skill and 31 percent are in low-skill jobs. The NITI Aayog report has also given suggestions for providing social security to gig workers and their families. This report of NITI Aayog was presented on Monday by the Vice Chairman of the Commission, Suman Berry, CEO Amitabh Kant, and Special Secretary Dr. K. Rajeshwar Rao has released.

 

Also Read: TDS On Cryptocurrency: Cryptocurrency investors will have to pay one percent TDS from July 1, 2022, know the rules

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