💨 Abstract

The Indian Finance Minister's budget proposes formal recognition and social security benefits for platform-based gig workers, registering them on the e-Shram portal. This aims to formalize India's growing gig economy, which employs over 7.7 million workers. The policy seeks to bridge the gap in access to formal credit, insurance, and government welfare schemes.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖