
Each year, 10 million workers leave their homes in Bihar and Uttar Pradesh, heading to industrial centers in Maharashtra and Tamil Nadu in search of work. However, 60% of them land in the underemployment or are trapped in exploitative informal networks.
“It’s not just a labor crisis,” writes Shalin Maheshwari, president and co -founder of the Meraqui group, “is a systemic failure that costs $ 15 billion in India a year in lost productivity.”
Maheshwari, in a Linkedin post, warns that the Indian concert economy is not a delivery or delivery applications, but a quiet revolution. BAIN 2025 report supports this change, estimating that concert work could feed 1.25% of India GDP by 2030 through efficiency gains through construction (23 million jobs), manufacture (19 million) and transport (18 million). Urban homes already create a demand for 50 million domestic concert roles, but the deepest change is to formalize the Massive Informal Work Hand of India.
GIG workers fall into eight different segments, from 35% who are financially linked alone, such as daily construction workers, up to 12% who aspire to entrepreneurs who use platforms to build their businesses. But the worries are constant: “I gain $ 25 million/month, but during the blockade, I survived the loans,” Maheshwari cites a 24 -year -old delivery worker from Mumbai.
“Platforms promise flexibility, but stability? It’s a myth.”
The EMME are also not fully convinced. “I can’t risk -hiring concert workers without training for crores,” says a coimbate textile factory owner. For 70% of manufacturing entrepreneurs, verified credentials are not negotiable. Even households doubt: only 15% hire maidens or cook regularly, citing security problems. For sporadic work such as plume, 65% are based on platforms exclusively for fundraising and transparent prices.
Although the concert work was retrieved postpandemic, with 80% of workers who regain pre-covent income by 2023, voltage and social stigma persist. Most unskilled workers reject concert work; Many graduates will not touch it because of the “low prestige”.
As Maheshwari points out, “GIG Work success depends on making 41 -year -old safety guards as investigable as Silicon Valley coders.” For India, the economy of the concert is not a trend: it is a rewriting of the social contract for 500 million informal workers.