Economic Survey Exposes Low Earnings for Gig Workers in India
The Economic Survey, which was formally presented in Parliament on Thursday, has brought to light a concerning statistic about India's rapidly growing gig economy. According to the comprehensive report, a significant 40% of gig workers across the country earn less than Rs 15,000 per month. This revelation underscores the financial challenges faced by many individuals engaged in platform-based work, from delivery personnel to ride-hailing drivers and freelance service providers.
Survey Advocates for Minimum Per-Task Earnings Policy
In response to these findings, the Economic Survey strongly advocates for the implementation of a minimum per-task earnings policy. The aim of this proposed gig-economy policy is to fundamentally reshape the terms of engagement for workers. By establishing baseline earnings for specific tasks, the policy seeks to empower workers with genuine choice in their employment, rather than forcing them into gig roles due to external pressures.
The Survey points out that many workers currently turn to gig work not out of preference, but because of weak demand in traditional sectors, skill mismatches that limit other opportunities, and the lack of a comprehensive safety net that leaves them vulnerable. This situation often traps individuals in low-paying gigs with little financial security or prospects for advancement.
Broader Implications for India's Labor Market
This focus on gig workers in the Economic Survey highlights the government's recognition of the sector's importance in India's modern economy. With the gig economy expanding rapidly, especially in urban areas, ensuring fair wages and decent working conditions has become a critical policy issue. The proposed measures could lead to more stable incomes for millions of workers, potentially boosting consumer spending and economic growth.
As the Union Budget approaches, stakeholders will be watching closely to see if these recommendations translate into concrete policy actions. The debate around gig worker rights is likely to intensify, with implications for both businesses relying on flexible labor and workers seeking better livelihoods in India's evolving job market.
