Workforce in Transition: The Influence of Technology and Gig Economy Models on Oil and Gas Industry

Abstract

In India there are so many labour laws available for regulating working hours, conditions of work and employment. Oil and Gas Industry is inevitable industry in Indian Economy. In that Industry, Employees are working as Permanent employee (Full time employee), Contract workers, Casual Workers, Backup worker. Gig economy is not defined in any part of the Indian laws. Gig economy is worked for short period on contract basis only. They are not considered as permanent workers. They didn’t receive any benefits under the Indian legislations, especially under the labour legislation compared with other permanent employees. Gig economy, they didn’t get proper wage for their work. There is no equal pay for equal work and there are no proper working conditions, like working hours, leave with wages and there are no proper social security benefits including maternity benefit, Provident fund or ESI benefits. Even they can’t claim any compensation from the employer, in case of any industrial accidents. Still there is no proper legislation for regulating and protecting the Gig workers. In Code on Social Security, 2020 defining Gig economy. This study will help to analyse the working conditions of the Gig Economy in oil and gas industry and the positive and negative impact of Technology on Oil and Gas Industry workers.