India operationalises social security for gig workers; platforms face June 22 e-Shram deadline
Labour ministry is rolling out social security schemes for India's gig and platform workers, engaging fund managers under the Code on Social Security notified May 8. Platforms must update worker data on e-Shram by June 22, hitting food delivery, ride-hailing and quick commerce cost structures as the gig pool scales from 1 crore to 2.5 crore by 2030.
What happened
Government of India · Labour ministry is operationalising social security schemes for gig and platform workers, engaging fund managers, with platforms required
Key facts
- 1 crore gig workers
- 2.5 crore by 2030
- June 22 deadline
- Code on Social Security notified May 8
Why this matters
India's social security mandate raises the floor on platform labor costs, potentially accelerating consolidation and creating M&A openings as smaller gig-dependent operators struggle to absorb compliance and contribution overhead.
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