Is the gig economy not a repackaged name of the informal economy?

Is the gig economy not a repackaged name of the informal economy?

Gig economy report: According to a report from NITI Aayog, the gig and platform economy in India currently employs 6.8 million people, with predictions that thi...

The gig and platform economy have opened up abundant employment opportunities, primarily fueled by technology.
Is the gig economy not a repackaged name of the informal economy? - FHMnews