‘Devise backup minimum income schemes for those losing jobs due to automation’

‘Devise backup minimum income schemes for those losing jobs due to automation’

MANGALURU: With the Indian IT and other industries facing some of the daunting challenges from protectionism in the US and Artificial Intelligence (AI), an ASSOCHAM-PwC study has made out a strong case for government -industry schemes which ensure a minimum income to those displaced , along with basic health facilities for the families in stress.

It said there are concerns in a number of industries related to loss of jobs, arising out AI and robotics and the solution lies in facing the issue upfront and skilling up the country’s human resource.

“In light of technology advances, certain sectors are expected to […]

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