Examine the implications of the expansion of gig workforce on economic growth and employment scenario in the country.

According to a recent BCG report, over 2-2 million indians are engaged as gig workers and this is set to rise to 9 million by 2028. Implications of expansion of gig workforce: I On economic growth: i Unlock growth potential of digital economy => set to become $300 billion industry ii Boost inclusive growth as employment to low skilled workforce => Only 5% formally skilled in India iii Inclusion of female workforce & GDP++ => IMF says if FLFPR matches male participation rate, GDP grows by 23%