So while the numbers show us that opportunities are available and people are making decent money, the looming uncertainty of finding gigs, the consistent pressure, lack of benefits, and security that the formalized sector has to offer, variable payout structures, and weird algorithm driven gig allocations have resulted in simmering discontent. I had earlier participated in a swell by Ragav talking about this phenomenon in the Cab aggregator space. This discontent now seems to be growing in other sectors as well
Karan Dev
@Karan.Dev · 1:45
But I'm not a big fan of the gig economy because I don't think it's encouraging people to go out there and find the skills that they need to really thrive in a formalized system. So I think to some extent it's kind of perpetuating the informalization of India in many respects. I think if people are pushed to sort of and this is where the government and politics comes into play. Right
So I feel because there is no as Karan said earlier, there is no formal laws of Social Security for this kind of labor or workforce that works to their detriment makes these big corporations take advantage of that and play around with things in a not so straightforward way. I did read somewhere that the margin or the Commission that these corporations take out of their wages is also phenomenally high and since there is no upper fixed level to it, that again keeps fluctuating