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International Journal for Research Trends and Innovation
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ISSN Approved Journal No: 2456-3315 | Impact factor: 8.14 | ESTD Year: 2016
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Impact Factor : 8.14
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| Paper Title: | Reimagining Labour Market Formalisation Through Labour Reforms Trajectory: A Policy Analysis Of Gig Workforce In India |
| Authors Name: | ANSHUMAN ANKIT |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJRTI_208429
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| Published Paper Id: | IJRTI2512066 |
| Published In: | Volume 10 Issue 12, December-2025 |
| DOI: | |
| Abstract: | Future developments in technology could make it easier for more people to participate in gig labor. New kinds of labour have been made feasible by online platform technology, and as this and related technologies advance, they will probably continue to influence the gig economy and the workforce. An important aspect of the modern economy is the non-standard workforce. The gig economy signifies a fundamental change in the way labor is done and the interaction between employees and employers, regardless of differences between current metrics and future projections. As businesses need to respond swiftly to market changes and challenges, workers are being urged to assume greater responsibility for their financial security. It is projected that the gig economy would reach a gross volume of $455 billion by 2024, growing at a compound annual growth rate (CAGR) of 17%. By 2030, the gig economy in India is predicted to generate 90 million employments and contribute 1.25 percent of the nation's GDP. However, the government's minimum wage regulations have proven challenging to implement, and wage equity is still a divisive topic. Income unpredictability, limited access to social benefits, and a lack of job knowledge are some of the issues that gig workers confront. Issues that employers deal with include screening and evaluating job searchers, inadequate knowledge of necessary abilities, and interview and CV skills. The Code on Social Security 2020 was a positive move, but critics argue that it lacks a legislative mandate, universal coverage, and a deadline for compliance. States have the authority to enact legislation to protect gig workers' welfare, social security, and labour rights. In the present study, an exploration of current trends in the gig economy, as well as its benefits and drawbacks in both the global and Indian contexts has been made using secondary data sources. This study also outlines areas for further research on the conditions of gig workers, the relationship between gig labour and information, and gig work and technology. |
| Keywords: | Policy, Workers, Acts, Employees, Gig Economy, India |
| Cite Article: | "Reimagining Labour Market Formalisation Through Labour Reforms Trajectory: A Policy Analysis Of Gig Workforce In India", International Journal for Research Trends and Innovation (www.ijrti.org), ISSN:2455-2631, Vol.10, Issue 12, page no.a535-a539, December-2025, Available :http://www.ijrti.org/papers/IJRTI2512066.pdf |
| Downloads: | 000214 |
| ISSN: |
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID: IJRTI2512066
Registration ID:208429
Published In: Volume 10 Issue 12, December-2025
DOI (Digital Object Identifier):
Page No: a535-a539 Country: GAYA, Bihar, India Research Area: Social Science and Humanities Publisher : IJ Publication Published Paper URL : https://www.ijrti.org/viewpaperforall?paper=IJRTI2512066 Published Paper PDF: https://www.ijrti.org/papers/IJRTI2512066 |
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED,
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