Changing Nature of Work and the Gig Economy: Theory and Debate

This article explores the changing nature of work across the globe, specifically in India, with the emergence of the gig economy. It discusses the theoretical background debates on work with technological change and highlights how India's recent job market trends are rather disappointing, with rising unemployment and a decline in new jobs. In this scenario, the gig economy is fast emerging as a respite, offering employment opportunities for millions of Indians. This article also explores the prospects and challenges of gig work in India and the ways in which it can prove to be a provider of decent work opportunities for people. Finally, the article provides some important future-policy suggestions for the growth and improvement of work in the gig economy.