Union Budget 2021: Social security for gig workers will nurture risk appetite in workers, say experts The gig economy is a free market system in which temporary positions are common and organisations hire independent workers for short-term commitments FP Staff February 02, 2021 11:11:12 IST Union finance minister Nirmala Sitharaman. ANI Presenting the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman said the government also proposed setting up of a portal to collect information on gig-workers, building and construction workers, among others. The government said social security benefits will be extended to platform and gig workers. The gig economy is a free market system in which temporary positions are common and organisations hire independent workers for short-term commitments.