Gig Workers Face Income Volatility: 40% Earn Below Rs 15,000 Monthly
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Moneycontrol•29-01-2026, 16:07
Gig Workers Face Income Volatility: 40% Earn Below Rs 15,000 Monthly
- •Economic Survey 2025–26 reveals 40% of India's gig workers earn less than Rs 15,000 per month, highlighting income insecurity.
- •India's gig workforce grew from 7.7 million in FY21 to 12 million by FY25, a 55% increase, yet remains a small share of total employment.
- •Gig employment is concentrated in e-commerce (3.7 million) and logistics (1.5 million), with BFSI and manufacturing each employing 1 million.
- •Limited access to formal credit due to irregular earnings restricts gig workers' ability to invest in productive assets.
- •Policy focus is on improving access to skilling, credit, and social security measures like provident fund and insurance for gig workers.
Why It Matters: Despite rapid growth, India's gig economy faces significant challenges in income stability and worker protection.
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