Gig workers’ social security now platforms’ obligation

FOOD-DELIVERY, RIDE-HAIL-ING AND e-commerce platforms will now have to set aside a slice of their business for worker welfare, with the implementation of the Labour Code on Social Security, 2020.

- FE BUREAU

For the first time, gig and platform workers have been formally brought under the social security framework. Aggregators such as Zomato, Swiggy and Uber must contribute 1-2% of their annual turnover toward social security schemes designed specifically for this workforce. The contribution capped at 5% of total payments made or payable to workers in a financial year.