Navigating the Gig Economy

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The gig economy, which was originally merely a novel idea, has grown to be a significant element of the labor market.

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The gig economy, which was once just a concept in development, has developed into a major factor in the labor market. As we negotiate the shifting employment landscape, it's critical to recognize the encouraging developments within the gig economy while simultaneously addressing the uncertainty that underlies it.

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Also read :Navigating the Gig Economy

The experience of Rashi, a recent law graduate, sums up the attractiveness of freelance work nicely. After the epidemic ended her normal legal practice, she began accepting freelance writing assignments. This unexpected turn of events not only kept her afloat but also gave her access to a fulfilling career that was flexible and independent.

Rashi's story is typical of many others who engaged in gig work when the epidemic was still undiagnosed. The gig economy quickly altered traditional job arrangements, impacting everyone from engineers serving meals to aviation professionals exploring side ventures. According to the Niti Aayog research, India's gig workforce will grow by a shocking 200 percent, to 2.35 crores.