ForumIAS LATEST
- 31 July | How to Prepare for Mains in the Last 4 Weeks by Ayush Sinha | Click Here to Watch →
- 31 July | AIR 48 Reveals the Secret to UPSC Success | Click Here to Watch →
- 31 July | From Prelims to Mains, Your UPSC Journey Starts Here | Click Here to Watch →
News:According to a recent report by Maple Capital Advisors, the Shared economy in India is estimated to be about $2 billion industry by the end of 2020.
Facts:
About Shared Economy:
- The sharing economy is an economic model defined as a peer-to-peer (P2P) based activity of acquiring, providing or sharing access to goods and services that is often facilitated by a Online platform.
- It includes segments such as co-working (Awfis, WeWork India), co-living (Stanza Living, OYO Life), shared mobility (Uber, Ola) and furniture rental (Furlenco, Rentomojo).
