Automation may curtail employment opportunities: Rangarajan

Hyderabad, Jan 24 Former Reserve Bank Governor, C Rangarajan today cautioned that automation which is part of "Digital Age" may curtail employment opportunities to people even though it is expected to create jobs at "higher" levels.

"Though the situation in India with regard to replacement of jobs by machines is not alarming, it should be noted for future considerations," Rangarajan said at the Seventh Foundation Day Lecture at the ICFAI Foundation for Higher Education (IFHE) here.

Lakshmi Narayana, vice chairman of Cognizant delivered the keynote address titled ‘Digital Way Forward’."Until recently, until the dawn of the digital age, the replacement of […]

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