| |19 19 November 2020HIGHERReviewBy Dr. Asmita Chitnis, Director, Symbiosis Institute of International Business (SIIB)is a high frequency of non-regulated forms of employment that comprise provisional work, low maintenance and impermanent work - a pattern that is stifling our economy. In India, most of the laborers are not utilized in firms that are lawfully obliged to give them government policies and assurances. With organizations' expanding inclination for autonomous specialists and a rising enthusiasm for independent and carefully empowered work among the younger generation, there is a dire need for new models of government policies and privileges that are legitimately offered to the people in spite of having strong resistance from the employer's side. So, there is a need for all stakeholders to make conscious efforts to create an ecosystem which will facilitate the transition of more specialists into the paid economy; and to guarantee that autonomous labourers approach bigger markets and standardized savings and insurances, while empowering the adaptability required for firms to conform to innovative change.In spite of the constant frenzy over that machines and developing innovations dislodging human specialists, organizations in India are foreseeing job creation, not job cuttings. Numerous organizations are looking at enlisting specialists inferable from the presentation of new advancements over the recent five years, contrasted with those that reduced their staff. While a few occupations will wind up repetitive tasks in the wake of automation, this is welcome, especially if robotization can supplant perilous and bothersome employments. Among the many technologies that are being implemented in modern-day workforces, the most notable ones are visual, low-code process automation, cloud-based communication platforms, AI-driven technologies, digital talent platforms and quantum computing. These technologies can be used in extracting accurate insights to take timely and informed decisions, along with augmenting the capabilities of employees. Amidst these rapid disruptions that have been triggered by technological advancements, there is a priceless opportunity for India to implement these transformative technologies across work, jobs and skills. By welcoming these changes, India will be able to create employment opportunities for its gigantic workforce, improve the living conditions and enhance output productivity whilst accelerating social inclusion and growth. Active collaboration between the government and the private sector can ensure immense opportunities for the entire country. This revolution will holistically develop all parties leading to the configuration of the workforce, which will shape the future of work. Technologies can be used in extracting accurate insights to take timely and informed decisions, along with augmenting the capabilities of employees
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