Complex sentence: Their neighbour, Vibhuti Narayan Mishra, is an unsuccessful and unemployed insurance policy agent, often called "Nalla" (unemployed), who spends his time doing household chores.
Split into simpler sentences: Their neighbour, Vibhuti Narayan Mishra, was an unsuccessful insurance policy agent and is now unemployed. Often called "Nalla" (unemployed), he spends most of his time doing household chores.