Gig workers to make PF contribution, get social security for first time

Over 1 million workers set to join new regime in first year

For the first time, gig workers would be asked to make a contribution for availing provident fund and insurance cover benefits under a new social security framework. Prominent aggregator firms representing the gig economy such as Uber, Ola, Swiggy and Urban Company have told the Union government that they expect more than 1 million workers to join the new social security regime in the first year itself.    

The government is planning to design the rules under the Code on Social Security, 2020, in such a manner that the finances of gig companies do not take a hit while contributing