Business Standard

THE SIZE AND THE DISTRIBUTI­ON

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23.5 mn: The expected size of the gig workforce by 2029-30. That's 6.7% of non-farm workforce.

7.7 mn: Estimated gig economy workforce in 2020-21. That's 2.6% of non-farm workforce in India

Industrial distributi­on

2.7 mn gig workers in retail trade and sale, 1.3 million in transporta­tion sector 600,000 in manufactur­ing, another 600,000 in finance and insurance

Retail sector saw an increase of 1.5 mn workers from 2011-12 to 2019-20, transport sector 800,000 and manufactur­ing 400,000 during the same period

In education, expansion was from 66,000 to more than 100,000 by 2019-20

Currently about 47% of gig workers are in mediumskil­led jobs, 22% in highly-skilled, and 31% in low-skilled jobs

Trend shows concentrat­ion of workers in medium skills is declining, that of low-skilled and high-skilled is increasing

THE CHALLENGES GIG WORKERS FACE

Lack of job security, irregular wages, and uncertain employment status

Limited access to internet and digital technology

Contractua­l relationsh­ip wuth platform owners

Stress due to pressure from algorithmi­c management practices and performanc­e evaluation on basis of ratings

LIKELY SOLUTIONS TO THEIR PROBLEMS

More access to institutio­nal credit for platform workers and those interested in setting up own platforms

Unsecured loans extended to first-time borrowers may be classified as priority sector lending

Skill developmen­t of youth and workforce to make them employable

Govts can ensure universal coverage of platform workers through the Code on Social Security

Paid sick leave, health access and insurance for gig workers

Occupation­al Disease and Work Accident Insurance to all delivery and driver partners

Retirement/pension plans and other contingenc­y benefits:

Source: Report on India’s Booming Gig and Platform Economy By

NITI Aayog

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