Articles
Banking service chronicle
Banking service chronicle published this article page no 15 gig workers are independent contractors online platform workers contract firm workers on-call workers and temporary workers. gig workers enter into formal agreements with on-demand companies to provide services to the companys clients. the sector is growing in leaps and bounds in india and is witnessing a strong participation from the youth. gig economy is important for the country as interest among the youngsters between the age group of 16 to 18 in the gig jobs has gone up by 750 per cent as suggested by a research. the niti aayog says that in the year 2020-2021 an estimated 77 lakh 7.7 million individuals were working in the gig economy. it is predicted that this gig workforce will grow to 2.35 crore 23.5 million by 2029-2030. currently 47 per cent of gig work is classified as medium skilled 22 per cent as high skilled and 31 per cent as low skilled Banking service chronicle magazine subscription.