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Swiggy, Zomato
May 10 , 2019
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- Delhi has emerged as the top destination for migrant workers joining India’s tech-enabled gig economy. Bengaluru comes distant second.
- Delhi and Bengaluru have added 560,600 and 252,300 people respectively to its gig economy in the second six months of the financial year 2018-19.
- The gig economy is led by food delivery firms Swiggy and Zomato, and ride hailing firms Uber and Ola.
How it works?
- In a gig economy, temporary, flexible jobs are common.
- Companies hire more independent contractors and freelancers instead of full-time employees.
- Employees work with little job security and few benefits.
- It undermines the traditional economy of full-time workers who rarely change positions and instead focus on a lifetime career.
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