Notably, gig workers seen zipping around urban spaces on wheels to deliver packages or driving app-hailed cabs may now have better terms of engagement to look forward to. By one estimate, as many as 450 million Indians stand to gain social security coverage, 90% of them in the informal sector. With our gig economy projected to cross $450 billion by 2023, that trend could well intensify. Our new policy would place India in contrast with other jurisdictions like California, where a public referendum went against gig workers being reclassified as employees. Thankfully, Indian policy has not fallen for the argument of gig workers being self-employed.

Source: Mint November 16, 2020 15:11 UTC