Ecommerce (ecom) and quick commerce (qcom) platforms are expected to lead gig worker hiring in calendar year 2026 (CY26), adding nearly 1 million workers on the back of sustained demand for last-mile deliveries, higher order volumes, and continued expansion of dark stores into non-metropolitan cities, industry experts have said.
'This year overall hiring has seen a slight improvement as compared to the dip seen during the last financial year.'
If you have seen Zwigato, Param Kumar's story will sound familiar. Laid off from his job as a repairman at a Gurugram-based water purifier provider, he now delivers groceries and food for a mobile-based delivery app, in Delhi. Kumar, who started making deliveries last August, told Business Standard that he is working longer hours than his older salaried job as an RO repairman, and has no paid leaves or health insurance. Kumar is part of India's estimated 7.7 million-strong force of gig workers.
Teamlease Services is recruiting for leading international BPOs for Bangalore, Pune, Mumbai, Hyderabad, Delhi, Gurgaon, Noida and Jaipur.
Manish Sabharwal, Chairman of Teamlease Services and IIJT Education says that the current regulatory regime imposes five heavy costs on our higher education system. Read on to know what these costs are are.
According to Venture Intelligence, PE/VC investors have already invested $93 million in 10 education companies so far in 2011, led by a Rs 100 crore (about USD 22 million) investment in vocational training and placement firm Teamlease Services.
The Temp Salary Primer 2009 noted that over the past few years 'hyperinflation' in employee costs made India a difficult place for entrepreneurship to bloom. This has fillipped broadbased hiring in the temp industry over the past year, besides rewards for skills. However, the temp industry has witnessed deceleration in wage growth since January this year. Another unexpected development is the shattering of the belief that temp hiring sees a spike during an economic slowdown.
Ensuring health insurance for all workers would be major challenge for the industry that is already grappling with cash crunch, and the government should have borne the cost.
This year the sector expected to witness a 14-16 per cent growth in recruitment.
SEZs account for just about a third of India's merchandise exports (and roughly the same proportion of services exports). Yet, the notion of creating global manufacturing centres of the kind that propelled China to superpowerdom retains a durable appeal within the Indian policy-making establishment, notes Kanika Datta.
Squeezing growth prospects in IT services firms and higher compensation in technology centres run by global companies are the two factors driving this trend.
'You can't take jobs to people, you have to take people to jobs.'
While some trade union leaders have welcomed the move, industry has opposed it, fearing an increase in its wage bill
After assuming power in 2014 with a full majority of its own, the BJP-led NDA government started an ambitious process of reforming labour laws in the form of codes aimed at making the framework less cumbersome with a variety of alterations. It had planned four codes each for industrial relations, wages, social security and welfare, and occupational safety, health and working conditions. To this end, 35 central labour laws were to be converted into four codes that would have had the virtue of streamlining labour relations. But none of the proposed code Bills could be converted into a law principally because neither trade unions nor industry representatives came on board. They hold the key to India's low-growth-high unemployment paradigm but the government may struggle to push them through this time as well. Somesh Jha explains why
India's salvation lies in job creation by entrepreneurs, say Manish Sabharwal and Ashok Reddy.
'There will only be an institutional solution between the board and the founders to take Infosys forward.'
'If the Indian economy formalises, industrialises, urbanises and develops human capital, 10 lakh youngsters will join the labour force every month in the next 10 years.' 'It's not a bulb that will go off; it is a sunrise.'
Manish Sabharwal tackles 5 criticisms of demonetisation.
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