Online platforms and workers to benefit as Budget formalises gig economy
1 month, 3 weeks ago

Online platforms and workers to benefit as Budget formalises gig economy

Live Mint  

Online platforms such as Swiggy, Zomato, Amazon and Flipkart are likely to see increased interest for delivery-partner and warehouse-worker jobs as the Union Budget has proposed formalising the gig economy, industry executives told Mint. Union finance minister Nirmala Sitharaman announced in her budget speech on Saturday that gig workers would be provided health insurance under the government’s flagship Ayushman Bharat Pradhan Mantri Jan Arogya Yojana. "The digital economy has significantly broadened job opportunities, encompassing roles from delivery personnel, cab drivers, and beauty professionals to software engineers and data analysts," according to the Economic Survey 2024-25. Moreover, hyperlocal service platforms have revolutionised the job landscape in the transportation, food delivery, and home services industries by creating flexible employment options by leveraging technology while transforming traditional service sectors into digitally driven ecosystems, the survey added.

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