By  Sachin Alug, CEO, NLB Services:–“Albeit growing in size, the country’s gig workforce has long remained unorganized due to lax labour governance. The implementation of the four new labour codes is poised to usher in overdue reforms for this fast-expanding demographic. It’s high time this sector moved toward formalization, and we anticipate this step to pave the way for better protection, structure, and management within the gig economy.

The new laws are also expected to promote gender parity in the workforce by opening doors to wider opportunities across diverse sectors. Additionally, other groups such as contract workers, youth workers, and fixed-term employees stand to benefit from reforms that introduce clearer working-hour norms, expanded social security, minimum wage protections, health benefits, and more.”