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Living Wage

Current Affairs 26-Apr-2025

A Living Wage refers to the minimum level of income necessary for a worker and their family to afford a basic but decent standard of living. 

GIG ECONOMY

Current Affairs 26-Apr-2025

The gig economy refers to a labour market where individuals undertake temporary, freelance, or on-demand jobs, often mediated by digital platforms such as Uber, Ola, Swiggy, Zomato, UrbanClap, Upwork, and Freelancer. 

Insurance Regulatory and Development Authority of India

Current Affairs 26-Apr-2025

The Insurance Regulatory and Development Authority of India (IRDAI) was established following the recommendations of the Malhotra Committee (1994), which critically examined the need for structural reforms in the insurance sector.

PERIODIC LABOUR FORCE SURVEY

Current Affairs 26-Apr-2025

Launched by: National Sample Survey Office (NSSO), Ministry of Statistics & Programme Implementation (MoSPI).

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