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Aggregators May Have To Contribute 2% Of Gig Workers’ Earnings For Pension Scheme

  • The Indian government plans to introduce a pension scheme that would require major platform aggregators to contribute 2% of each gig worker's income.
  • Platform aggregators, including Swiggy, Zomato, Binkit, and Uber, would be responsible for depositing the pension amount into the gig workers' Employee Provident Fund Organisation (EPFO) accounts.
  • The scheme aims to strengthen the social security framework for gig workers, providing essential health insurance, death and disability cover, and pension benefits.
  • This move follows the evaluation of ride-hailing and logistics platforms, which scored low on fair pay, fair conditions, and fair representation for gig workers.

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