The Role and Challenges and Growth of Gig Work Platforms

Abstract India's economy is still in its infancy. India has a number of issues as a growing nation, including poverty, unemployment, low per capita income, rapid population increase, low living standards, migration, and more. The Indian government is unable to build the necessary infrastructure for the country's expanding population and cannot tackle every issue right away. An important factor in increasing work opportunities in India is the gig economy. One of the initiatives and mechanisms that help the Indian economy grow is the gig job platform. Although the gig economy was already well-established before to the epidemic, many people who lost their regular jobs have switched to gig labor after the outbreak, and they are seeing a great chance to gradually raise their per capita income. Gig work is replacing full-time employment in many business units. This enables them to temporarily employ a better skilled workforce that completes tasks efficiently and within the allotted time. Both businesses and people gain from this gig labor by having more money to cover their expenses. In India, gig economy businesses are growing and helping a lot of job seekers.