How Has the Gig Economy Reshaped Traditional Notions of Employment and Work?
SS The Gig Economy is a prominent concept in today’s world. According to NITI Aayog’s report, “India’s Booming Gig and Platform Economy,” the gig workforce is projected to reach 29.5 million by 2029-30. Both white-collar and blue-collar workers are now earning a living through gig opportunities. From food delivery executives to IT consultants, the employment landscape is undergoing a significant transformation.
Traditionally, employment was associated with long-term stability, predictable income, and statutory benefits, including provident funds, pensions, paid leave, and medical insurance. However, the gig model has reshaped this arena by introducing short-term, task-based, or project-driven work across various industries. Whether it’s riders for Swiggy and Zomato, drivers for OLA and Uber, or corporate professionals on fixed-term contracts, the gig economy is steadily replacing many conventional job...
