Reimagining Work: An Empirical Review of Gig Employment and Its Impact on Formal Job Markets in India

Author(s)	Dr. D N Patil, Mr. Suleman M Hattarakihal
Country	India
Abstract	The gig economy is increasingly altering the landscape of global employment, shifting the paradigm from traditional employer-employee relationships to flexible, task-based work structures. In India, a rapidly growing demographic of youth, urban migrants, and informal workers have embraced gig work as a viable employment alternative. This study seeks to understand the transformation driven by the gig economy, with particular attention to its impact on formal employment structures. The analysis relies on secondary data from NITI Aayog (2022), the International Labour Organization (2024), and the Chartered Institute of Personnel and Development (2023), along with additional sources such as Oxford Internet Institute (2021), Deloitte (2022), and CMIE. The findings suggest that although the gig economy creates employment avenues, it also amplifies risks related to income instability, legal ambiguity, and inadequate social protection. The study concludes with recommendations for building an inclusive regulatory and economic framework that can ensure decent and sustainable livelihoods for India’s gig workforce.
Keywords	Gig economy, Platform work, Informal labor, Employment structure
Field	Sociology > Economics
Published In	Volume 7, Issue 3, May-June 2025
Published On	2025-06-25
DOI	https://doi.org/10.36948/ijfmr.2025.v07i03.49151
Short DOI	https://doi.org/g9rsk6

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