GIG ECONOMY: NEED FOR LABOUR LAWS
AUTHOR: KHIRBHA S GOUNDER, STUDENT AT PES UNIVERSITY, BANGLORE
BEST CITATION – KHIRBHA S GOUNDER, GIG ECONOMY: NEED FOR LABOUR LAWS, Indian Journal of Legal Review (IJLR), 4 (1) of 2024, Pg. 33-40, APIS – 3920 – 0001 & ISSN – 2583-2344.
ABSTRACT
It is believed that impermanent work facilitated by online platforms is supplementing or replacing standard employment in labour markets, which are undergoing a drastic change. However, it is challenging to determine the size and extent of these changes because ‘online gig worker’ is difficult to quantify using traditional labour market data and economic metrics. In recent months, there has been an increase in worry regarding the position of gig workers. According to the Niti Ayog study, “India’s Booming Gig and Platform Economy”, there will be roughly 23.5 million gig employees by 2029.[1] The study also highlights the facts that the gig economy is increasingly characterized by subpar safety standards, unfair contracts, a lack of minimal earnings, and a lack of job perks like workers compensation, overtime pay, and paid time off for illness. The purpose of this article is to understand the gig economy and its effects on labour laws and corporate policy. The information will be useful for policymaking, research, and the public.
Keywords: gig economy, labour laws, corporate policy, policy making
[1]“India’s Booming Gig and Platform Economy.” https://www.niti.gov.in/sites/default/files/2022-06/Policy_Brief_India%27s_Booming_Gig_and_Platform_Economy_27062022.pdf