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Social Security Cover for Gig Workers
February 13 , 2025
5 hrs 0 min
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- Budget speech made two announcements on social security cover for gig workers.
- First is gig workers will be provided health insurance under the PM Jan Arogya Yojana.
- Second is such workers will be issued identity cards through the e-Shram portal, which is expected to benefit 1 crore workers.
- A gig worker is someone who takes part in short-term, flexible jobs or tasks, often through digital platforms or as independent contractors.
- There in almost every sector of the gig economy—food delivery, ride-hailing, e-commerce and other professional services.
- In India, the Niti Aayog estimates the gig workforce to be around 12.7 million in 2024-25, which may reach 23.5 million by 2029-30.
- About a century ago, John Maynard Keynes had predicted three-hour shifts or 15-hour work weeks in his pivotal essay, ‘The Economic Possibilities for our Grandchildren’.
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