Page 126 - IC90 Human Resource Management

If the insurance companies are using the new technologies, the staff wilt have

to be imparted the necessary skills. It is possible that some of them will be

found to be redundant because the systems will be able to function with lesser

staff and because some of them may find it difficult to adjust to the new

technology. Other than redundancy the new technology may lead to

relocation, disruption of family, affect careers and status and require new

conditions of work.

8. Rural development

The Union Budget for 2016-17 has unfolded plans for the development of the

rural areas and to strengthen the agricultural sector. Apart from promising that

the remaining 18000 villages will receive electricity, the projects include

extensive road construction and development of the agro-industry. Overall one

would expect increasing economic activity in the rural areas and better

incomes among the farmers.

9. Being dynamic