India’s booming gig and platform economy: perspectives and recommendations on the future of work

The Indian gig workforce is expected to expand to 23.5 million workers by 2029-30, a near 200 per cent jump from 7.7 million now, according to a first-of-its-kind report by NITI Aayog. The report ‘India’s Booming Gig and Platform Economy’ estimates that gig workers will form 4.1 per cent of the total workforce in India by FY30, from 1.5 per cent now. The report stated that gig work is expanding in all sectors, but 47 per cent of the jobs are medium-skilled, about 22 per cent are high-skilled, and about 31 per cent are low-skilled.