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Gig Workers Win Big! New Code Mandates 1-2% Turnover Contribution From Swiggy, Uber, Ola For Worker Welfare!

Economy

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Published on 21st November 2025, 11:50 PM

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Author

Satyam Jha | Whalesbook News Team

Overview

India's new Social Security Code brings nationwide benefits for over 7 million gig and platform workers. Companies like Swiggy, Uber, Ola, and Urban Company must now contribute 1-2% of their annual turnover to worker welfare funds, capped at 5% of payments. This landmark move ensures portable benefits, health coverage, and accident insurance for gig workers for the first time.