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2) Examine the issues faced by workers of gig economy? Evaluate how they stand in comparison to workers of formal economy?(250 words)

Topic – Indian Economy and issues relating to employment.

2) Examine the issues faced by workers of gig economy? Evaluate how they stand in comparison to workers of formal economy?(250 words)

Financialexpress

Why this question

The article analyses the issues or the advantages faced by workers of gig economy versus how they compare to workers of formal economy. At a time when gig economy has become the new fad, and issues with respect to social protection for workers of gig economy remains, the question becomes important.

Key demand of the question

The question expects us to compare and contrast the issues faced by workers of gig economy versus workers of the formal economy. Thereafter, we need to analyze whether any step needs to be taken for securing rights of those working in gig economy.

Directive word

Examine – When you are asked to examine, you have to probe deeper into the topic,  get into details, and find out the causes or implications if any .

Structure of the answer

Introduction – Explain what is meant by gig economy – labour market characterised by the prevalence of short-term contracts or freelance work as opposed to permanent jobs

Body

  • Discuss the issues faced by workers of gig economy – no law governing their employments conditions such as working hours, working conditions etc
  • Compare and contrast the issue faced by workers of gig economy and formal economy with respect to various parameters such as social security benefits , minimum wages etc
  • Discuss what steps must be taken to improve the conditions of workers of gig economy, whether they need rights equivalent to workers in formal economy.

Conclusion – emphasize that gig economy is here to stay and the need of the hour is to protect the basic rights of these workers too.

CategoriesINSIGHTS