GIG WORKER ELIGIBILITY
MeitY probes physical AI data use; Nvidia CEO Jensen Huang resigns
MeitY is reviewing the practice of collecting first-person video and sensor data from gig workers to train physical AI models. This and more in today’s ETtech Top 5.
Lenskart, Nykaa, PhysicsWallah see Q2 profits surge
New-age companies Nykaa, Lenskart, and PhysicsWallah reported strong numbers for the September quarter. This and more in today’s ETtech Top 5.
ETtech Explainer: Food delivery, ride-hailing firms differ on gig worker welfare levy calculation
Food delivery and quick-commerce companies such as Zomato and Swiggy are seeking a levy based on the value of transactions facilitated through their platforms, while cab and bike-taxi aggregators such as Uber and Rapido want it to be calculated on their own turnover rather than the total value of rides facilitated.
Premji's deeptech bets; Razorpay gets IPO nod
Happy Thursday! Premji Invest is stepping up its bets on defence and aerospace manufacturing.This and more in today’s ETtech Morning Dispatch.
PLFS set for fresh overhaul, govt seeks public & expert opinion on upcoming new things
The National Statistics Office (NSO), which has conducted the PLFS since 2017, plans to introduce the modifications from January 2027, when fresh samples for the 2027-2028 two-year period, designated Panel 6, will be drawn using an updated sampling frame.
EITC 2026 income limits revealed: Full table shows tax credits from $664 to $8,231 based on children and income
The Internal Revenue Service released updated figures for the Earned Income Tax Credit in Revenue Procedure 2025-32. The adjustment raises maximum credit amounts and shifts income thresholds upward to match inflation. Families with three or more children gain the most in dollars. Childless workers gain the least.
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Argentina citizenship by investment: $350,000 and $800,000 routes explained
Argentina is getting ready to launch its Citizenship by Investment Programme by the end of 2026. This program allows foreign investors to obtain citizenship through a $350,000 non-refundable donation or by purchasing an $800,000 government bond. However, Indians looking to apply will need to undergo checks related to their finances, security, and source of funds.
Decoding MDR’s impact; EV bikes’ policy change sparks debate
Happy Thursday! The return of MDR is set to change UPI's market share game. This and more in today's ETtech Morning Dispatch.
Gig-worker levy: Turnover-linked formula seen as more proportionate than transaction-based levy, say Analysts
India’s proposed social-security contribution model for gig workers could have vastly different effects across platforms. Analysts say a payout-linked levy could disproportionately hit high-volume ride-hailing businesses, potentially exceeding their turnover, while a turnover-based formula would better reflect an aggregator’s economic capacity.
Govt mandates aggregators to register gig workers on portal within 45 days
Aggregators must now upload gig worker details to a central portal within 45 days to comply with the Code on Social Security, 2020. Failing to make timely social security contributions will incur a 12% annual interest. New rules also mandate real-time recording of worker appointments and exits.
Aggregators to be charged interest at 12% per annum if they fail to contribute toward social security of their gig workers
Aggregators now face a 12% annual interest penalty for delayed social security contributions for gig workers. All aggregators must upload gig worker details to a central portal within 45 days. New appointments and exits require real-time or daily registration. These rules ensure gig workers receive social security benefits.
Microcredit scheme for gig, platform workers in works
A new microcredit scheme is being finalized to offer collateral-free loans up to Rs 10,000 annually to gig workers and domestic helps. This initiative aims to support entrepreneurial journeys for vulnerable sections. The scheme will be launched in the next fiscal year, starting April 2026.
Nothing Dickensian about gig work
Gig work offers significant livelihood generation and worker agency in India. Platform companies are crucial for this ecosystem. While worker welfare is important, misguided activism risks harming the model. The path forward involves industry best practices and social security provisions. A sustainable gig economy requires recognising platform viability and worker welfare as complementary goals.
Social security code draft outlines insurance, pension for gig workers: Report
According to the draft rules, gig and platform workers should be engaged with an aggregator for at least 90 days in a financial year to qualify for social security benefits. For those working with multiple aggregators, the number is 120 days, with workdays counted cumulatively across platforms.
Govt proposes 90-day work requirement for gig workers to get social security
In a significant move, gig and platform workers will soon be required to log a minimum number of working days to qualify for social security benefits. Proposed regulations indicate a threshold of 90 days with a single aggregator or 120 days across various platforms each year. This initiative is designed to integrate workers into essential programs like Ayushman Bharat.
'70,000 gig workers registered on eShram'
Over 70,000 gig workers have registered with the eShram portal, benefiting from social security schemes, after the onboarding of ten major e-commerce platforms like Uber, Zomato, and Blinkit. The Parliamentary Standing Committee on Labour recommends expediting the onboarding of more aggregators to enhance social security coverage for gig workers.
Budget 2025: Govt extends Ayushman Bharat health cover to 1 Crore gig workers
The Budget 2025 announces that gig workers will now be eligible for healthcare under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). This move addresses gig workers' lack of income security and access to medical services, and recognizes their contribution to the economy.
Govt plans customised social security policy for gig workers from FY26, FM may announce plan in Budget
The Indian government may soon introduce a social security plan for gig and platform workers, with the labour ministry developing a customised policy. The scheme aims to ensure fairness without cross-subsidization, potentially starting next financial year, and will establish both mandatory and voluntary benefits tied to work thresholds.
Govt to consider social security option under existing schemes for gig, platform workers
Labour and employment secretary Sumita Dawra urges careful analysis of government insurance and pension schemes for gig and platform workers' social security. She emphasizes reviewing global best practices, considering sporadic work nature, and setting eligibility criteria to finalize a robust social security framework for this workforce.
Pension to insurance: What govt is planning as social security measures for gig workers
The labour ministry is preparing a framework for social security for gig workers, providing health insurance and pension benefits. This initiative will benefit workers from ride-hailing apps and delivery platforms. The policy will be legally binding across the country. The framework is set to be implemented before the budget in February.
Labour ministry to come up with a social security policy for gig, platform workers
The labour ministry aims to establish a policy for social security benefits for gig and platform workers by February next year. A module for enrolling these workers will be launched on the e-Shram portal. The policy will consider unique IDs for gig workers and mandate aggregators' contributions towards workers' health and pension security.
Aggregators told to register gig workers on e-shram portal within three months
The Centre will establish a committee to address issues faced by gig and platform workers and create a social security framework. Labour Minister Mansukh Mandaviya has directed aggregators to register all workers on the e-Shram Portal within three months to extend benefits under government initiatives. Major industry players attended the meeting.
Government to set up a committee to suggest a robust social security framework for gig workers
Labour minister Mansukh Mandaviya on Wednesday chaired a meeting with aggregators and urged them to complete the registration of all gig and platform workers on the e-Shram Portal within the next three months, saying a comprehensive database will help extend benefits of various government schemes to these workers.
India's digital economy creates a new vote bank all parties want to woo
The rise of the gig economy during the pandemic has created a new politically significant vote bank in India. Gig workers, often young and uninsured, have become a cohesive voting bloc, with grievances that political parties are now starting to address. Measures to protect the welfare of gig workers have already been taken in Rajasthan and Karnataka, with the Congress party and Narendra Modi's government pledging social security and insurance benefits.
Urban Company to allot Rs 150 crore in stock options to gig workers
Founder Raghav Chandra said that the ‘partner stock ownership plan’ (Psop) would be similar to employee stock option plans (Esops) of companies across the world that use stock options to reward employees.
Cover for gig workers: Amazon, others pledge Rs 500 crore to proposed social security fund
The labour ministry has finalised the scheme for gig workers under the Employees’ State Insurance Corporation, which will be announced alongside the rollout of the Social Security Code.
Gig Workers Fund: Internet firms seek clarity on social security inputs
Online platforms, such as Amazon India, Ola, Uber and Urban Company, have asked the labour ministry to clearly define turnover, which will be used to calculate their contributiions to a proposed fund to provide social security to gig workers.
Uber calls for a new deal for gig workers
Uber has backed a referendum in the state to overturn the law, while pledging to provide benefits for a social safety net that would keep gig workers independent.
Social security schemes may soon cover gig workers too
The labour ministry may soon include gig workers under the existing social security schemes of the government, which would make them eligible for pension and medical benefits.
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