India notifies gig worker social security rules; aggregators to fund 1-2% of turnover
Centre's Code on Social Security mandates Swiggy, Zomato, Flipkart, Uber and Ola contribute 1-2% of annual turnover (capped at 5% of payouts) to a gig welfare fund targeting 2.35 crore workers by 2029-30. Eligibility gaps and cost pass-through risks loom.
Centre notified Code on Social Security rules requiring aggregators like Swiggy, Zomato, Flipkart, Uber, Ola to contribute 1-2% of turnover to gig worker welfare fund. Experts flag eligibility gaps, cost pass-through risks, and missing deactivation safeguards.