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As a nation driven by the growing younger population we are sure that every trend that enters into the global industry will be charging its way into ours as well.
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Is India on its way to becoming a Gig Economy? OnBenchMark.com
Is India on its way to becoming a Gig Economy? Every trend that enters the global sector will undoubtedly find its way into ours as well since we are a country with a rapidly ageing population. Although we are curious to watch how the new Indian generation approaches things, we are unsure of how the standards of the Indian labour market will respond. Here is an explanation of what and how this new kind of employment might enter India. The concept of the gig economy appeals to certain people while not others.
What is Gig Economy? According to several analysts, the Gig Economy is one where contract and freelance workers, rather than full-time employees, drive the economy. Basically, this is when employees are willing to accept employment from several job openings and it is accepted as usual for them to do so. They engage in various roles that may be managed flexibly.
Rising Gig Economy in India As per reports by Boston Consulting Group, the Indian gig economy now comprises 15 million people.The gig economy includes professionals in a variety of fields, including software, data science, and other occupations. There are just a few countries where the populace has been able to transition to the gig economy's principles. The changeover is the result of several multinational businesses that operate globally and outsource work to India.
