Estimates and Projections for the Gig & Platform Sector --- It has been estimated that in 2020- 21, 77 lakh (7.7 million) workers were engaged in the gig economy. The gig workforce is expected to expand to 2.35 crore (23.5 million) workers by 2029-30. At present about 47% of the gig work is in medium skilled jobs, about 22% in high skilled, and about 31% in low skilled jobs. Trend shows the concentration of workers in medium skills is gradually declining and that of the low skilled and high skilled is increasing. It may be expected that while the domination of medium skills would continue till 2030, gig work with other skills will emerge.

Gig workers – those engaged in livelihoods outside the traditional employer-employee arrangement – can be broadly classified into platform and non-platform-based workers. Platform employees are those whose jobs rely on digital platforms or online software tools. Non-platform gig workers typically work part- or full-time in the traditional sectors as own-account and casual wage workers.

A report titled "India's Booming Gig and Platform Economy" was released by NITI Aayog. The report projects that by 2029–30, India's gig employment will increase to 2.35 crore. According to the research, the gig economy employed 77 lakh (7.7 million) employees in 2020–21. They made up 1.5% of India's overall labor force or 2.6% of the non-agricultural workforce. According to the Code on Social Security, NITI Aayog advocated extending social security benefits to these workers and their families in partnership mode.

Gig Economy: The New Age Industry A new economic revolution is being ushered in by the quickly expanding gig workforce globally. With its demographic dividend, India has the world's youngest population, a workforce of half a billion people, rising urbanization, widespread use of smartphones and related technology—this is the new frontier of this revolution. In light of this context, this groundbreaking analysis offers in-depth analyses and suggestions on the gig-platform industry in India, which employs millions of gig workers.

SHOW THE BELOW WITH IMAGES IPR Associated Issues in India • Lack of Awareness of IP • Low Number of Patents • Counterfeiting and Piracy • Data Exclusivity • USTR's Priority Watch List

Protection of the Economy Intellectual Property safeguards the economy—bolstering GDP, employment, tax revenues, development, and competitiveness. SMEs, supported by IP, experience up to 20% higher growth. IP facilitates innovation monetization, investment security, increased market value, and the expansion into new markets.

Technology Transfers To propel its economic growth, India must facilitate Technology Transfers. Leveraging entities like Technology Transfer Offices (TTOs), Technology and Innovation Support Centers (TISCs), science and technology parks, technology incubators, and IP marketplaces can play a pivotal role in achieving this goal

Make in India Robust intellectual property protection has spurred increased foreign investment in India. Numerous companies opt to establish their facilities in the country or outsource significant portions of their business operations to India.

NIPAM Programmes National Intellectual Property Awareness Mission (NIPAM), is a beacon entrusted with the mission of democratizing awareness of intellectual property and its rights. This ambitious, pan-India initiative aspires to enlighten a million students about the nuances of intellectual property, thereby fostering a culture of innovation and safeguarding creativity on a national scale.

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