NEW DELHI: Ride-hailing, delivery and e-commerce platforms can adopt a model for providing accident insurance to all delivery and driver partners, and other platform workers across India, government think tanks said. Niti Aayog Said in a report on the sector.
These could be offered in collaboration with the private sector or the government, as envisaged under the Social Security Code 2020, according to the Gig Economy report released on Monday.
It also said that gig and platform firms need to adopt policies that offer old age/retirement plans and benefits and other insurance cover such as work-borne injury that may lead to loss of employment and income.
As per the report, such plans and policies can be uniquely designed by a firm in partnership with insurance companies, or can be designed and offered in collaboration with the government, as per the Social Security Code, 2020. envisaged under.
The report highlights the various social distancing approaches adopted across the world for gig and platform workers and how they can pave the way for social distancing measures for gig and platform workers in India.
In line with the measures introduced by the Platform businesses to mitigate the challenges posed by the COVID-19 pandemic, measures for paid sick leave, health access and insurance can be adopted by the Platforms as part of their workplace or work environment. Is-
Engagement policies for all employees working throughout the year. This will have a positive impact on providing social security cover to platform workers engaged by these firms, the report said.
It said access to institutional credit can be increased through financial products specially designed for platform workers and those wishing to set up their own platforms. Venture capital funding, grants and loans from banks and other funding agencies must be provided to platform businesses of all sizes in the pre-revenue and early-revenue stages.
a Platform India The initiative is built on the pillars of accelerating staging by facilitation and handholding, funding support and incentives, skill development, and social financial inclusion, such as the hugely successful Startup India Initiatives can be introduced, recommended reports.
Carriage of passengers in all categories ranging from two-wheelers (in the form of bike taxis or bike-pools) and three-wheelers (rickshaws, auto-rickshaws) to four-wheelers (in the form of taxi-cabs and carpools) may be permitted. ), and 10-12-seater vehicles (mini-buses), among suggestions to accelerate the growth of the gig economy in the report.
According to the report, self-employed persons engaged in the business of selling regional and rural cuisine, street food etc. can be linked to the platforms so that they can sell their produce in wider markets of towns and cities.
“The report is a unique and first of its kind study that explores the potential of this sector in India. It suggests measures to increase employment and take initiatives for social security,” said Amitabh KantCEO of NITI Aayog.
It states that the gig workforce is expected to grow to 2.35 crore by 2029-30 and will account for 6.7% of the no-farm workforce or 4.1% of the total livelihood in India by 2029-30. The report estimates that 77 lakh (7.7 million) workers were engaged in the gig economy in 2020-21. They account for 2.6% of the non-farm workforce or 1.5% of the total workforce in the country.
Currently, about 47% of gig work is in medium skilled jobs, about 22% in high skilled and about 31% in low skilled jobs. According to the report, this trend shows that the concentration of workers in medium skills is gradually decreasing and the number of low-skilled and high-skilled workers is increasing.
full report :
These could be offered in collaboration with the private sector or the government, as envisaged under the Social Security Code 2020, according to the Gig Economy report released on Monday.
It also said that gig and platform firms need to adopt policies that offer old age/retirement plans and benefits and other insurance cover such as work-borne injury that may lead to loss of employment and income.
As per the report, such plans and policies can be uniquely designed by a firm in partnership with insurance companies, or can be designed and offered in collaboration with the government, as per the Social Security Code, 2020. envisaged under.
The report highlights the various social distancing approaches adopted across the world for gig and platform workers and how they can pave the way for social distancing measures for gig and platform workers in India.
In line with the measures introduced by the Platform businesses to mitigate the challenges posed by the COVID-19 pandemic, measures for paid sick leave, health access and insurance can be adopted by the Platforms as part of their workplace or work environment. Is-
Engagement policies for all employees working throughout the year. This will have a positive impact on providing social security cover to platform workers engaged by these firms, the report said.
It said access to institutional credit can be increased through financial products specially designed for platform workers and those wishing to set up their own platforms. Venture capital funding, grants and loans from banks and other funding agencies must be provided to platform businesses of all sizes in the pre-revenue and early-revenue stages.
a Platform India The initiative is built on the pillars of accelerating staging by facilitation and handholding, funding support and incentives, skill development, and social financial inclusion, such as the hugely successful Startup India Initiatives can be introduced, recommended reports.
Carriage of passengers in all categories ranging from two-wheelers (in the form of bike taxis or bike-pools) and three-wheelers (rickshaws, auto-rickshaws) to four-wheelers (in the form of taxi-cabs and carpools) may be permitted. ), and 10-12-seater vehicles (mini-buses), among suggestions to accelerate the growth of the gig economy in the report.
According to the report, self-employed persons engaged in the business of selling regional and rural cuisine, street food etc. can be linked to the platforms so that they can sell their produce in wider markets of towns and cities.
“The report is a unique and first of its kind study that explores the potential of this sector in India. It suggests measures to increase employment and take initiatives for social security,” said Amitabh KantCEO of NITI Aayog.
It states that the gig workforce is expected to grow to 2.35 crore by 2029-30 and will account for 6.7% of the no-farm workforce or 4.1% of the total livelihood in India by 2029-30. The report estimates that 77 lakh (7.7 million) workers were engaged in the gig economy in 2020-21. They account for 2.6% of the non-farm workforce or 1.5% of the total workforce in the country.
Currently, about 47% of gig work is in medium skilled jobs, about 22% in high skilled and about 31% in low skilled jobs. According to the report, this trend shows that the concentration of workers in medium skills is gradually decreasing and the number of low-skilled and high-skilled workers is increasing.
full report :