Internet marketplaces, aggregators to set aside 1-2% of annual turnover under new labour code

The new labour codes announced on Friday require online aggregators and marketplaces that rely on gig workers for tasks like deliveries and warehouse operations to allocate 1–2% of their annual turnover to a gig worker welfare fund.

This will impact companies such as food delivery platforms Zomato and Swiggy, quick commerce apps like Blinkit and Zepto, domestic service companies like Urban Company and Snabbit, ride-hailing apps like Uber and Rapido, and ecommerce marketplaces such as Amazon India and Flipkart.

“Aggregators must contribute 1-2% of…