Technology is also raising the bar set on the workforce demanding more advanced cognitive abilities, social and behavioral skills with more adaptability. The growing ideas of AI and machine learning is creating a fear among the workforce, who are now ready and eager to do any job, irrespective of the other economic factors. The technological revolution in terms of social media is also changing the perspectives of the people, demanding better quality of life, is also a factor causing the rising platform companies. People now want immediate returns, a status, a recognition, they live in a race to reach heights, without having a clear comprehension of the surrounding world, who are the people running along with, and reluctantly get stuck in a web of this vicious cycle. Though the gig economy is more lucrative for those with more specialized and personalized skills, earning a huge income, the other side of the coin is still unseen and unheard [1]. This study is significant in this span of increasing population of the unorganised sector, with exploitation of low cost labourers, suffering from low or no minimum income, shortfall of basic workplace necessities, unorganised migrant workers, coupled with lack of job security [2]. There is a need to bring these vulnerable sections into the ambit of labour laws, hence they are endowed with equal opportunities and conditions of employment. This study expands across the gig economy present in the retail trade sector, the vulnerabilities faced by these workers, the labour laws which try to cover the unorganised workers, including the gig workers and platform workers, and what are the impacts of such laws on the stakeholders in the economy.