SlideShare a Scribd company logo
COMMERCE COLLOQUIUM
SUBMITTED BY:
P.Pavithra
N.Varshene
SUB-THEME-DIMENSIONS OF GIG ECONOMY
INTRODUCTION:
● The economy based on flexible, temporary, or freelance jobs, is
called the gig economy. It may involve connecting with clients or
customers through an online platform.
● The Code on Social Security, 2020 defines gig workers as those
engaged in livelihoods outside traditional employer-employee
relationships.
GIG WORKERS
● Gig workers are typically hired by companies on a contractual
basis and are not considered their employees.
● Gig workers can be broadly classified into platform and non-
platform workers.
• Platform workers are those whose work is based on online
software apps or digital platforms. Example: those whose work is
based on digital platforms such as food aggregator platforms
Zomato, Swiggy, Ola, and others.
• Non-platform gig workers are generally casual wage workers,
working part-time or full- time.
SIZE OF GIG ECONOMY
• It is estimated that in 2020-21, 77 lakh (7.7 million) workers were
engaged in the gig economy.
• They constituted 2.6% of the nonagricultural workforce or 1.5% of
the total workforce in India.
• The gig workforce is expected to expand to 2.35 crore (23.5
million)workers by 2029-30.
POSITIVES OF GIG ECONOMY
• Democratization of Jobs
• Flexibility
• Startups
• Skill development
• Income
• Women and PwD’s
• Saves Cost
THE CHALLENGES OF THE GIG ECONOMY
• Security
• Wages
• Bottlenecks
• Safety
• Bargaining Power
• Skills mismatch
• Stress
CONCLUSION
The gig economy is poised to undergo rapid expansion in the coming
decade. While the gig economy sector has several upsides with
respect to growth and livelihood opportunities, there are some serious
concerns that need regulation.
THANK YOU

More Related Content

Similar to COMMERCE COLLOQUIUM 1.pptx

Enabling digital customers
Enabling digital customersEnabling digital customers
Enabling digital customers
Manuel Vexler
 
The gig economy and the future of work
The gig economy and the future of workThe gig economy and the future of work
The gig economy and the future of work
Nathalia Maganha
 
How COVID-19 is Changing Property Management- 4 Trends that Are Here to Stay
How COVID-19 is Changing Property Management- 4 Trends that Are Here to StayHow COVID-19 is Changing Property Management- 4 Trends that Are Here to Stay
How COVID-19 is Changing Property Management- 4 Trends that Are Here to Stay
AppFolio
 
lnv15 Job-st
lnv15 Job-st lnv15 Job-st
lnv15 Job-st
alfred99d50
 
FinTech Belgium MeetUp on ICOs 08/03/18 - PITCH Cédric Loyens - GIG9
FinTech Belgium MeetUp on ICOs 08/03/18 - PITCH Cédric Loyens - GIG9FinTech Belgium MeetUp on ICOs 08/03/18 - PITCH Cédric Loyens - GIG9
FinTech Belgium MeetUp on ICOs 08/03/18 - PITCH Cédric Loyens - GIG9
FinTech Belgium
 
Understanding-the-Gig-Economy.pptx - explaination
Understanding-the-Gig-Economy.pptx - explainationUnderstanding-the-Gig-Economy.pptx - explaination
Understanding-the-Gig-Economy.pptx - explaination
Anshu660011
 
Glimpses of gig economy- a conceptual study with Agriculture by Pallavi Kolek...
Glimpses of gig economy- a conceptual study with Agriculture by Pallavi Kolek...Glimpses of gig economy- a conceptual study with Agriculture by Pallavi Kolek...
Glimpses of gig economy- a conceptual study with Agriculture by Pallavi Kolek...
Pallavi Kolekar
 
Gig Economy.pptx
Gig Economy.pptxGig Economy.pptx
Gig Economy.pptx
komalsurve13
 
IRJET- Computational Marketing Model and Heuristics for Mobile Adverts
IRJET-  	  Computational Marketing Model and Heuristics for Mobile AdvertsIRJET-  	  Computational Marketing Model and Heuristics for Mobile Adverts
IRJET- Computational Marketing Model and Heuristics for Mobile Adverts
IRJET Journal
 
Bb-siinc-apon-wellbeing case-study
Bb-siinc-apon-wellbeing case-studyBb-siinc-apon-wellbeing case-study
Bb-siinc-apon-wellbeing case-study
LightCastle Partners
 
Latest trends in hr 2020 - pexitics (people excellence indicator analytics)
Latest trends in hr   2020 - pexitics (people excellence indicator analytics)Latest trends in hr   2020 - pexitics (people excellence indicator analytics)
Latest trends in hr 2020 - pexitics (people excellence indicator analytics)
Subhashini S Tripathi
 
Gvcs have changed and are changing the international trade and what policies ...
Gvcs have changed and are changing the international trade and what policies ...Gvcs have changed and are changing the international trade and what policies ...
Gvcs have changed and are changing the international trade and what policies ...
krishkrish68
 
SURVIVAL STRATEGIES FOR COVID-19 CRISIS A STUDY ON INDIAN MSMEs.pptx
SURVIVAL STRATEGIES FOR COVID-19 CRISIS  A STUDY ON INDIAN MSMEs.pptxSURVIVAL STRATEGIES FOR COVID-19 CRISIS  A STUDY ON INDIAN MSMEs.pptx
SURVIVAL STRATEGIES FOR COVID-19 CRISIS A STUDY ON INDIAN MSMEs.pptx
Rupesh Yadav
 
Go Beyond Investor Report 2015
Go Beyond Investor Report 2015Go Beyond Investor Report 2015
Go Beyond Investor Report 2015
BANC, Business Angels Network Catalunya
 
Gamification of Smart Cities
Gamification of Smart Cities Gamification of Smart Cities
Gamification of Smart Cities
GAURAV. H .TANDON
 
Gig economy and india
Gig economy and indiaGig economy and india
Gig economy and india
Col Mukteshwar Prasad
 
MEDA Private Sector Support Brief
MEDA Private Sector Support BriefMEDA Private Sector Support Brief
MEDA Private Sector Support Brief
chrissiy
 
Winning with the Industrial Internet of Things: How to accelerate the journey...
Winning with the Industrial Internet of Things: How to accelerate the journey...Winning with the Industrial Internet of Things: How to accelerate the journey...
Winning with the Industrial Internet of Things: How to accelerate the journey...
accenture
 
3933 EMER Freelance Economy Whitepaper-2
3933 EMER Freelance Economy Whitepaper-23933 EMER Freelance Economy Whitepaper-2
3933 EMER Freelance Economy Whitepaper-2Mike Johnston
 

Similar to COMMERCE COLLOQUIUM 1.pptx (20)

Enabling digital customers
Enabling digital customersEnabling digital customers
Enabling digital customers
 
The gig economy and the future of work
The gig economy and the future of workThe gig economy and the future of work
The gig economy and the future of work
 
How COVID-19 is Changing Property Management- 4 Trends that Are Here to Stay
How COVID-19 is Changing Property Management- 4 Trends that Are Here to StayHow COVID-19 is Changing Property Management- 4 Trends that Are Here to Stay
How COVID-19 is Changing Property Management- 4 Trends that Are Here to Stay
 
lnv15 Job-st
lnv15 Job-st lnv15 Job-st
lnv15 Job-st
 
FinTech Belgium MeetUp on ICOs 08/03/18 - PITCH Cédric Loyens - GIG9
FinTech Belgium MeetUp on ICOs 08/03/18 - PITCH Cédric Loyens - GIG9FinTech Belgium MeetUp on ICOs 08/03/18 - PITCH Cédric Loyens - GIG9
FinTech Belgium MeetUp on ICOs 08/03/18 - PITCH Cédric Loyens - GIG9
 
Understanding-the-Gig-Economy.pptx - explaination
Understanding-the-Gig-Economy.pptx - explainationUnderstanding-the-Gig-Economy.pptx - explaination
Understanding-the-Gig-Economy.pptx - explaination
 
Glimpses of gig economy- a conceptual study with Agriculture by Pallavi Kolek...
Glimpses of gig economy- a conceptual study with Agriculture by Pallavi Kolek...Glimpses of gig economy- a conceptual study with Agriculture by Pallavi Kolek...
Glimpses of gig economy- a conceptual study with Agriculture by Pallavi Kolek...
 
Gig Economy.pptx
Gig Economy.pptxGig Economy.pptx
Gig Economy.pptx
 
IRJET- Computational Marketing Model and Heuristics for Mobile Adverts
IRJET-  	  Computational Marketing Model and Heuristics for Mobile AdvertsIRJET-  	  Computational Marketing Model and Heuristics for Mobile Adverts
IRJET- Computational Marketing Model and Heuristics for Mobile Adverts
 
Bb-siinc-apon-wellbeing case-study
Bb-siinc-apon-wellbeing case-studyBb-siinc-apon-wellbeing case-study
Bb-siinc-apon-wellbeing case-study
 
Latest trends in hr 2020 - pexitics (people excellence indicator analytics)
Latest trends in hr   2020 - pexitics (people excellence indicator analytics)Latest trends in hr   2020 - pexitics (people excellence indicator analytics)
Latest trends in hr 2020 - pexitics (people excellence indicator analytics)
 
Gvcs have changed and are changing the international trade and what policies ...
Gvcs have changed and are changing the international trade and what policies ...Gvcs have changed and are changing the international trade and what policies ...
Gvcs have changed and are changing the international trade and what policies ...
 
SURVIVAL STRATEGIES FOR COVID-19 CRISIS A STUDY ON INDIAN MSMEs.pptx
SURVIVAL STRATEGIES FOR COVID-19 CRISIS  A STUDY ON INDIAN MSMEs.pptxSURVIVAL STRATEGIES FOR COVID-19 CRISIS  A STUDY ON INDIAN MSMEs.pptx
SURVIVAL STRATEGIES FOR COVID-19 CRISIS A STUDY ON INDIAN MSMEs.pptx
 
DENKER
DENKERDENKER
DENKER
 
Go Beyond Investor Report 2015
Go Beyond Investor Report 2015Go Beyond Investor Report 2015
Go Beyond Investor Report 2015
 
Gamification of Smart Cities
Gamification of Smart Cities Gamification of Smart Cities
Gamification of Smart Cities
 
Gig economy and india
Gig economy and indiaGig economy and india
Gig economy and india
 
MEDA Private Sector Support Brief
MEDA Private Sector Support BriefMEDA Private Sector Support Brief
MEDA Private Sector Support Brief
 
Winning with the Industrial Internet of Things: How to accelerate the journey...
Winning with the Industrial Internet of Things: How to accelerate the journey...Winning with the Industrial Internet of Things: How to accelerate the journey...
Winning with the Industrial Internet of Things: How to accelerate the journey...
 
3933 EMER Freelance Economy Whitepaper-2
3933 EMER Freelance Economy Whitepaper-23933 EMER Freelance Economy Whitepaper-2
3933 EMER Freelance Economy Whitepaper-2
 

Recently uploaded

Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
EverAndrsGuerraGuerr
 
Model Attribute Check Company Auto Property
Model Attribute  Check Company Auto PropertyModel Attribute  Check Company Auto Property
Model Attribute Check Company Auto Property
Celine George
 
Home assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdfHome assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdf
Tamralipta Mahavidyalaya
 
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCECLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
BhavyaRajput3
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
Jisc
 
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXXPhrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
MIRIAMSALINAS13
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
Pavel ( NSTU)
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
Jean Carlos Nunes Paixão
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
Thiyagu K
 
Embracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic ImperativeEmbracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic Imperative
Peter Windle
 
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
TechSoup
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
vaibhavrinwa19
 
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
siemaillard
 
Operation Blue Star - Saka Neela Tara
Operation Blue Star   -  Saka Neela TaraOperation Blue Star   -  Saka Neela Tara
Operation Blue Star - Saka Neela Tara
Balvir Singh
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
Delapenabediema
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
EduSkills OECD
 
Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345
beazzy04
 
Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
Ashokrao Mane college of Pharmacy Peth-Vadgaon
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
Atul Kumar Singh
 

Recently uploaded (20)

Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
 
Model Attribute Check Company Auto Property
Model Attribute  Check Company Auto PropertyModel Attribute  Check Company Auto Property
Model Attribute Check Company Auto Property
 
Home assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdfHome assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdf
 
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCECLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
 
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXXPhrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
 
Embracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic ImperativeEmbracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic Imperative
 
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
 
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
 
Operation Blue Star - Saka Neela Tara
Operation Blue Star   -  Saka Neela TaraOperation Blue Star   -  Saka Neela Tara
Operation Blue Star - Saka Neela Tara
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
 
Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345
 
Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
 

COMMERCE COLLOQUIUM 1.pptx

  • 2. SUB-THEME-DIMENSIONS OF GIG ECONOMY INTRODUCTION: ● The economy based on flexible, temporary, or freelance jobs, is called the gig economy. It may involve connecting with clients or customers through an online platform. ● The Code on Social Security, 2020 defines gig workers as those engaged in livelihoods outside traditional employer-employee relationships.
  • 3. GIG WORKERS ● Gig workers are typically hired by companies on a contractual basis and are not considered their employees. ● Gig workers can be broadly classified into platform and non- platform workers.
  • 4. • Platform workers are those whose work is based on online software apps or digital platforms. Example: those whose work is based on digital platforms such as food aggregator platforms Zomato, Swiggy, Ola, and others. • Non-platform gig workers are generally casual wage workers, working part-time or full- time.
  • 5. SIZE OF GIG ECONOMY • It is estimated that in 2020-21, 77 lakh (7.7 million) workers were engaged in the gig economy. • They constituted 2.6% of the nonagricultural workforce or 1.5% of the total workforce in India. • The gig workforce is expected to expand to 2.35 crore (23.5 million)workers by 2029-30.
  • 6. POSITIVES OF GIG ECONOMY • Democratization of Jobs • Flexibility • Startups • Skill development • Income • Women and PwD’s • Saves Cost
  • 7. THE CHALLENGES OF THE GIG ECONOMY • Security • Wages • Bottlenecks • Safety • Bargaining Power • Skills mismatch • Stress
  • 8. CONCLUSION The gig economy is poised to undergo rapid expansion in the coming decade. While the gig economy sector has several upsides with respect to growth and livelihood opportunities, there are some serious concerns that need regulation.