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Slightly more fortunate than them are the almost 4 million waste pickers for whom a day at the office constitutes picking through a city's refuse without basic equipment such as gloves and masks that their Western counterparts take for granted to protect them from the fumes of burning garbage and hazardous material, from leaking batteries to discarded syringes and broken glass.
Further up the "value chain" is the smaller cohort of gig workers - cab drivers and delivery boys attached to platforms that command huge valuations from the private equity/venture capital community and on the stock markets. A survey in March revealed that most work more than eight hours a day and about a fifth reported working 12 hours a day. All of them work without benefits. This template is critical to the success of platform owners' business model.
Denne historien er fra October 10, 2024-utgaven av Business Standard.
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Denne historien er fra October 10, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Record 2,509 stocks flashing red in Feb
BSE's advance-decline ratio now at 0.77, near Covid lows
SBI eyes ₹10 trn housing loan book by March '27
Having touched a housing loan book of ₹8 trillion, State Bank of India (SBI) the country's largest lender - now expects to grow its mortgage book to ₹10 trillion by March 2027.
UK announces 17 new export, investment deals
The UK on Wednesday said its Trade Secretary Jonathan Reynolds and Investment Minister Poppy Gustafsson announced 17 new export and investment deals during their visits to India this week.
Rural India spending more time on learning activities
Both urban, rural saw a decline in learning time in 2024
Australia unveils $16 mn outlay to boost trade ties with India
The Australian Prime Minister Anthony Albanese on Wednesday unveiled a new road map to bolster economic ties with India, describing it as an attempt to find paths towards a better future for both sides.
Maha Kumbh ends with 650 mn attendees
The 45-day Maha Kumbh Mela, formerly known as Purna Kumbh, concluded in Prayagraj on Wednesday. Maha Kumbh began on January 13 on the occasion of Makar Sankranti.
Airfares to rise up to 1.5% if tariff proposal accepted: DIAL CEO
Ticket prices of passengers travelling to and from Delhi airport will rise by no more than 1.5 per cent if the Airports Economic Regulatory Authority (AERA) approves the tariff proposal submitted by Delhi International Airport Limited (DIAL), the latter's chief executive officer (CEO) Videh Kumar Jaipuriar said on Wednesday.
Navi Mumbai airport may open in April; domestic flights from May
The Navi Mumbai International Airport (NMIA) is expected to be inaugurated in the second week of April, with domestic commercial operations set to begin in May.
India hosts 2-day conference on women peacekeepers from 'Global South'
India hosted a two-day conference on women peacekeepers from the “Global South” in New Delhi earlier this week.
NCLT sets March 12 deadline for RCap ownership transfer
The National Company Law Tribunal (NCLT) has directed lenders and the monitoring committee to resolve all procedural issues by March 12 for the ownership transfer of debt-ridden Reliance Capital (RCap) to IndusInd International Holdings Limited (IIHL).