THE RISE OF GIG WORKERS IN INDIA: TRENDS, CHALLENGES, AND OPPORTUNITIES

Abstract

The gig economy's emergence has transformed the landscape of traditional employment structures globally, with India experiencing a significant surge in gig workers across various sectors. This research paper explores the multifaceted phenomenon of the rise of gig workers in India, examining the underlying trends, the challenges they face, and the opportunities they present.

Drawing upon a comprehensive review of existing literature and statistical data. This research paper explores the two components of the gig economy, discussing the opportunities and the major obstacles that gig workers must overcome. Key findings highlight the struggles with job insecurity, the absence of social security benefits, and issues pertaining to income stability and workplace rights, emphasizing the need for policies and regulations to protect gig workers' rights and welfare. Concurrently, the paper identifies positive aspects of gig work, including flexibility, autonomy, and opportunities for entrepreneurship, especially benefiting those marginalized in traditional job markets.

In conclusion, the increase of gig workers in India represents a dynamic chnage in the labor market, driven by technological advancements, changing demographics, and evolving economic structures. Gig labor has many benefits, such as flexibility and chances for entrepreneurship, but it also has many drawbacks, such as unstable employment and little social security. Legislators, employers, and other stakeholders must work together to create inclusive laws and regulations that protect gig workers' rights and welfare in order to address these issues.