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New labor codes bring social security to gig workers

Business

Big update for India's gig economy: Companies like Swiggy, Urban Company, and Uber now have to set aside 1-2% of their yearly turnover (capped at 5% of what they pay out) for a Social Security Fund supporting gig workers.
This is part of the Code on Social Security, 2020—the first law in India to officially define "gig worker" and "platform worker."

What this means for gig workers

If you work via an app or digital platform, you're now covered under these new rules.
Benefits like healthcare and maternity leave are coming your way—but you'll need to register with an Aadhaar-linked Universal Account Number to access them anywhere in the country.
States like Karnataka and Telangana are also rolling out their own policies, aiming for more transparency and better rights for platform workers.