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India's Labour Reforms Unleashed: Gig Workers Gain Safety Nets, Platforms Face Rs 1500 Cr Bill!

Economy

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Published on 25th November 2025, 2:45 AM

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Author

Abhay Singh | Whalesbook News Team

Overview

India's new labour codes consolidate 29 laws into 4, aiming to formalize the gig economy and offer social safety nets to millions. However, platforms like Zomato and Swiggy face an estimated INR 1,500 crore in additional annual costs due to mandatory contributions and overtime pay, potentially impacting profitability and service prices.