Why demographic dividend eludes India’s gig economy
8 months, 1 week ago

Why demographic dividend eludes India’s gig economy

New Indian Express  

The rapid expansion of the gig or platform economy over the past decade has provided growing opportunities for India’s young population. It may, however, be pointed out that the realisation of demographic dividend critically depends on the workforce’s ability to increase productivity under conditions that the International Labour Organization terms “decent work”. Over the past two years, the NITI Aayog and the National Council of Applied Economic Research provided similar perspectives on the ever-expanding platform economy, though they have focused on two distinct aspects. The NITI Aayog report, ‘India’s Booming Gig and Platform Economy’, and the NCAER report, ‘Socio-economic Impact Assessment of Food Delivery Platform Workers’, convey similar messages. One, it confirms that the gig and platform economy creates opportunities for India’s youth and is the basis of reaping demographic dividend.

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