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Health insurance for gig workers is 'worthy' move: Swiggy on Union Budget
Economic Times
·
5m ago
Medial
Finance Minister Nirmala Sitharaman's decision to include gig workers under health insurance via the PM Aarogya Yojana has been praised by Swiggy's VP of Corporate Affairs, Dinker Vashisht. While Swiggy already offers insurance to its delivery partners, it looks forward to further details on the initiative. The Union Budget 2025-26 also includes plans for ID cards and e-Shram portal registrations to benefit gig workers, alongside socio-economic upliftment schemes for urban workers.
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Budget 2025: Gig workers to get identity cards, healthcare by govt
Economic Times
·
5m ago
Medial
Finance minister Nirmala Sitharaman, in the Union Budget 2025, announced health insurance for gig workers under the Jan Arogya scheme and provision of identity cards. Acknowledging their contribution to the economy, the government will facilitate registration and identity issuance. These measures aim to support over one crore gig workers. The quick commerce sector's growth involves companies like Blinkit, Zepto, and Swiggy Instamart, employing numerous gig workers for operations and deliveries.
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Zomato, Swiggy, other new age company stocks vault on budget sops for gig workers
Economic Times
·
5m ago
Medial
Zomato, Swiggy, and other new-age company stocks rose up to 10% after Finance Minister Nirmala Sitharaman's Union Budget 2025 announcement supporting gig workers. India's fast-growing quick commerce sector has increased gig worker demand, benefiting firms like Blinkit and Zepto. On budget day, Zomato's shares rose over 7%, and Swiggy's by 10%. Meanwhile, Nykaa and Ola Electric gained, but Paytm, PolicyBazaar, and Delhivery saw declines. The budget also revised income tax slabs and introduced a Rs 10,000 crore fund for startups.
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Karnataka announces cess on transactions conducted through aggregator platforms to support gig workers
Economic Times
·
9m ago
Medial
The government of Karnataka plans to impose a new cess on transactions made through aggregator platforms like Zomato, Swiggy, Ola, and Uber. The move aims to provide social security to gig workers. The accrued funds will be used for gig workers' welfare. The state government has drafted a bill to protect the rights of platform-based gig workers, which includes obligations on aggregators regarding social security, transparency, and occupational health and safety. Gig work falls outside traditional labor laws in India, and this measure seeks to address that gap.
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Karnataka plans to levy cess on online transactions to fund welfare of gig workers
Economic Times
·
1y ago
Medial
The Karnataka government is planning to introduce a cess on online transactions to support the welfare of gig workers employed by technology platforms. The proposed legislation, called the Platform-Based Gig Workers Fund and Welfare Fee Bill, aims to provide livelihood security to platform-based gig workers. The state's Chief Minister, Siddaramaiah, has already discussed the idea with major platform companies like Flipkart and Swiggy, who have responded positively. Last year, the government introduced an insurance facility for gig workers engaged by e-commerce companies.
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Union asks why Swiggy charges delivery boys for wearing brand kits
Inshorts
·
11m ago
Medial
The Telangana Gig and Platform Workers Union criticised Swiggy on social media for making delivery agents pay for Swiggy kits, including raincoats, bags, and t-shirts, displaying Swiggy's logo. They highlighted the costs, like a raincoat at ₹749 and a kit at ₹1199, questioning why workers should bear these expenses. The post sparked widespread backlash online.
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Gig workers to get ₹4 lakh insurance cover in Karnataka: CM
Inshorts
·
2y ago
Medial
On Friday, Karnataka Chief Minister Siddaramaiah revealed that gig workers employed as delivery personnel in e-commerce platforms such as Amazon, Zomato, and Swiggy would receive an insurance coverage of ₹4 lakh. This coverage includes ₹2 lakh for life insurance and ₹2 lakh for accident insurance. The Chief Minister confirmed that the government would bear the entire insurance premium.
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Modalities being worked out for gig workers' PM-JAY coverage: Expenditure Secretary
YourStory
·
5m ago
Medial
The Indian Finance Ministry, alongside the Labour Department, is developing a scheme to extend PM Jan Arogya Yojana (PM-JAY) healthcare coverage to approximately one crore gig workers. Announced in the Budget speech by Finance Minister Nirmala Sitharaman, gig workers will gain identity cards and be registered on the e-Shram portal. Details of the scheme and its cost-sharing between Centre and states are being finalized. PM-JAY provides health coverage of Rs 5 lakh per family annually.
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Benefits for gig workers may trickle in before social security code launch
Economic Times
·
10m ago
Medial
The government may introduce social security benefits for gig workers ahead of the implementation of the Social Security Code. Some states have already implemented similar provisions in their local laws. The Ministry of Labour and Employment has approached aggregators operating gig work platforms to prepare for extending social security benefits. The ministry will also write to states to expedite the enrollment of platform workers on the e-Shram portal. States like Karnataka, Telangana, and Rajasthan are already offering health insurance and other benefits to gig workers. The NITI Aayog estimates that India's gig worker population will triple by 2029-30. Under the proposed policy, aggregators will contribute 1-2% of their revenue to a social security fund.
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Only Bigbasket, Urban Company guarantee minimum wage for gig workers: Fairwork India report
YourStory
·
9m ago
Medial
- Only Bigbasket and Urban Company have policies ensuring that their gig workers earn at least the local minimum wage after accounting for work-related costs. - Platforms like Amazon Flex, Bigbasket, BluSmart, Swiggy, and Zomato scored well in providing fair working conditions, including safety equipment, training, and accident insurance. - Bigbasket, BluSmart, Swiggy, Urban Company, Zepto, and Zomato offer clear and accessible contracts to gig workers, with transparency on pricing and advanced notifications of any contract changes. - The lack of formal recognition for worker unions or collectives remains a significant challenge, preventing fair representation and worker voices in decision-making processes. - Upcoming regulatory changes, such as draft bills in Karnataka and Jharkhand, aim to improve gig workers' working conditions and establish social security measures and algorithmic transparency. - Platform companies and industry associations have raised concerns about these changes, citing burdensome provisions and potential negative impacts on their operations.
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Swiggy, Zomato operations hit as delivery workers strike in Mumbai
Economic Times
·
1y ago
Medial
The food delivery operations of Swiggy and Zomato were affected due to a strike by their delivery workers in Mumbai. The strike was organized by multiple organizations, demanding better working conditions, insurance coverage, and equitable access to incentives. The workers also called for the implementation of a Social Security Bill for gig workers and the creation of a tripartite board. The companies did not respond to the strikes. Similar strikes are being considered by workers from other organizations.
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