The gig economy could employ more than 2 crore people by 2029-30
The country’s gig economy has the potential to employ 2.35 crore people by 2029-30, a three-and-a-half times more in 10 years, according to a report by the government think tank NITI Aayog.
According to the report, released today, the gig economy employed about 68 lakh people in 2019-20. The total workforce in India in 2019-20 was estimated at 51.10 crore. The report expects the number to rise to 56.96 crore by 2029-30.
Normally, gig jobs are temporary and part-time and include activities such as delivering food and driving taxis owned by calling companies.
“Right now, about 47 percent of work is in medium-skilled jobs, about 22 percent in high-skilled jobs, and about 31 percent in low-skilled jobs,” the report said.
“But the trend shows that the concentration of medium-skilled workers is gradually decreasing and that of the low-skilled and high-skilled is increasing. It can be expected that while the dominance of medium-skills would continue until 2030, there will be a emergence of odd jobs with other skills,” it added. report to it.
It added the warning that given the limited availability of employment data, the estimate is “only indicative and may not reflect the true size of the gig workforce”.
