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Future Generali India Life Insurance Company Limited is now Generali Central Life Insurance Company Limited. Generali Central Life Insurance Company Limited – A joint venture between Generali – one of the world’s leading insurers and Central Bank of India, India’s finest nationalised bank.

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Is there a need to address Digital Labor in Workforce?

read-time2 mins
views1.6K
Posted on: Mar 13, 2022

Ashish Tiwari:

is there any need for entrepreneurial ventures to develop the strategies for addressing digital labor in their workforce?

Vivek Puthucode:

I think that the importance of a digital labor and labor workforce being digitally skilled is extremely important. This is one of those massive challenges that we, as a society, we are going to face, right? If the generation of workforce doesn't adopt to learning and understanding digital technology then they are going to be finding very difficult to continue in workforce. As companies adopt technology, as businesses adopt technology. It's just inevitable. So the, the school curriculum, the university curriculum which are obsolete needs to change. It needs to bring digital technology into young students. The young generation, the digital natives are already born with it. They're very familiar to use apps and devices games. So they come with that mindset. The challenge comes when it comes to midstream professionals. In our demographic how do you make sure that somebody who's not used to technology learn and embrace digital.

That's the bit that governments, industries, industry associations, and technology industry, we all need to come together to provide that type of training The announcement that Microsoft made to skill 25 million people around the world impacted through this displacement that is happening because of technology. Those types of initiatives, it's not unique to Microsoft, that other companies are doing similar initiatives as well. So this is mass skilling. It's a great opportunity. So there are entrepreneurs out there who are taking advantage of this gap, right? How do you help people find skillsets in digital so they can be employable, right? A factory fitter learning about digital skills might be able to operate a digital machines in a slightly different industry, thereby extending his employability from the number of years left. So there are many great opportunities for startups, for entrepreneurs to enter this field of digital skilling. It's a great opportunity. And if we don't do it right, we'll also have a massive issue in terms of societal imbalances. the haves and have nots will be distributed on the basis of people who know technology and people are left behind.

And this digital inclusion is something that we all have to take extremely seriously. That's the next type of divide that's likely to cause major disruption if you don't get it. Right.

Suggested Plans

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Generali Central Long Term Income Plan

With this life insurance policy, get life cover & guaranteed growth with regular payouts to keep things steady.

Product UIN: 133N054V05

  • Get Guaranteed income for up to 50 years.
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Generali Central

Generali Central Money Back Super Plan (POS Variant)

A plan that supports your dreams with timely payouts while keeping your family protected through every stage.

Product UIN: 133N090V03

  • Get money back at key life stages
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Generali Central

Generali Central New Assured Wealth Plan (NON-POS Variant)

A guaranteed plan that helps you build wealth with confidence while securing your future.

Product UIN: 133N085V03

  • Lump sum maturity payout for future goals
  • Life cover up to 10× your annual premium
  • Pay for 6, 8, 10 years, benefits up to 20 years
  • Tax Benefits under Section 80C & 10(10D)

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Here are answers to some of the questions you might have.

Life insurance is a financial safety net that supports your loved ones in your absence. If something happens to you, it provides them with funds to help cover everyday expenses, repay debts, and achieve future goals. It gives you peace of mind, knowing your family’s financial future is secure— no matter what.

The right plan depends on your needs.

Start by assessing your life stage, financial goals, and the needs of your family. Consider factors like your income, outstanding loans, future expenses and goals (like children’s education, foreign travel, study abroad), and desired coverage amount. We offer a wide range of plans that cover multiple goals and budgets. To get a better idea and make a confident choice consult with a financial advisor or call us on 1800 102 2355.

A good rule of thumb is to aim for coverage that's 10–15 times your annual income. Consider your family’s living expenses, outstanding loans, children’s education, and long-term goals. The right amount ensures your loved ones can maintain their lifestyle and meet future needs— even in your absence.

We would love to help you choose and buy the right policy for your needs. Call our toll-free number 1800 102 2355 or drop us an email at care@generalicentral.com.

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Understand your policy better with key details and insights into our Generali Central Life Insurance.

This Product is not available for online sale. Life Coverage is included in this Product. For detailed information on this plan including risk factors, exclusions, terms and conditions etc., please refer to the product brochure and consult your advisor, or, visit our website before concluding a sale. Tax benefits are as per the Income Tax Act 1961 and are subject to any amendment made thereto from time to time. If you have any request, grievance, complaint or feedback, you may reach out to us at care@generalicentral.com For further details please access the link: www.generalicentrallife.com/customer-service/grievance-redressal-procedure.

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