Gig Economy Gets a Boost: 1 Crore Workers to Receive Healthcare in Budget 2025

In a landmark move, Finance Minister Nirmala Sitharaman announced healthcare coverage for one crore gig workers under the PM Jan Arogya Yojana in the Union Budget 2025-26. This initiative aims to formalize the rapidly growing gig economy by providing identity cards and registration on the e-Shram portal. The comprehensive social security scheme will offer essential health insurance, along with death and disability coverage, recognizing the vital role of gig workers in India's digital economy. Industry leaders have applauded this decision, viewing it as a significant step towards ensuring the welfare of this crucial workforce.

Source: Fortune India