Spread of GIG-Economy in India in Post Covid-19- Advantages and Disadvantages

The origin of gig economy is an important addition to Indian economy in the recent past marked a total transformation in the Indian labour market. The gigs are freelancers or independent contractors working on their own. The number of gigs increased in India due to the development of IT and IT enabled services. Being an employment provider, this sector accommodates thousands of people. The corporate sector depends upon gigs to fill the skill gap as skilled gigs are available easily without any obligation. But the gigs are facing many issues. It is not a permanent solution to unemployed mass in India. The post pandemic period attracted many college students also towards this sector as an opportunity to gain easy money to support their family at the cost of education.