Economist Guy Standing throws light on concept of precariat

International Ubi expert Guy Standing explained the term precariat on Day 2 of the India Today Conclave 2019 on Saturday.

Speaking on this emerging new class, economist Guy Standing said, "Precariat defines people who don't have an identity and live on low incomes. They are losing access to rights."

Standing also spoke on how Precariat is re-shaping the world and India in particular.