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Since the gig economy is still in its nascent stage, there are quite a few crude definitions that help one to understand the functioning of the gig economy. As a gig worker, you have a great deal of flexibility when you take up a gig job. With the boom of the gig economy in India, several young individuals who are a part of the working class are increasingly drifting towards the gig economy since it is a source of alternative income. MotivationAs mentioned earlier, the gig economy is still in its infancy and most entrepreneurs are still framing the ins and outs of the gig economy in India. TakeawayWe’ve enlisted all the advantages and disadvantages of the gig economy, what are some other pros and cons of the gig economy?
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According to a report released by NASSCOM in partnership with Nomura Research Institute, 3,61,000 tech jobs are expected to be created by the Japanese investment in India by 2023. As per the report, Japanese investments have grown over 4 times since 2016 creating 102,200 so far. Major attractions for the investors are the start-ups in the fintech, healthcare, and mobility sector followed by E-commerce, enterprise, and real estate. Yasuyuki Murahash, Chief Director General of JETRO said that the growth of India’s digital sector has been remarkable under COVID and the Indian ecosystem is grabbing the attention of many Japanese investors. Responding to her, Debjani Ghosh, President of NASSCOM said that this increase in the investment by Japan is a testament to India’s performance and expertise.
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