Indian Economy Failed to Provide Enough Jobs: Infosys Co-Founder Gopalakrishnan

Sakunth Kumar

Updated On: August 01, 2016 12:44 pm IST

He concluded that the new and emerging technologies like the ‘Internet of Things’ are going to change the world in next 30-50 years
Indian Economy Failed to Provide Enough Jobs: Infosys Co-Founder Gopalakrishnan

Addressing the students at 62nd Convocation of IIT Kharagpur,Mr. Gopalakrishnan, Co-Founder of Infosys said that the Indian economy has been developing in a drastic way but it has failed to generate a better number of employment opportunities. The world has been facing income disparity since 2008. However, India has been less affected by this problem.

Also read:- Number of Ph.D Scholars Increased by 20 Percent: IIT Kharagpur

He mentioned that despite development in economy, a large number of good and well-paying jobs are not being created. The government needs to find a solution for this problem. Development of Service Sector plays a major role in the generation of employment opportunities and this has to be taken up.

Also read:- Students of IIT Kharagpur Design Racing Car for a Competition in Russia

He also enlightened the students regarding the harmful effects of technology. Technology must be used in a positive way which leads to the development of the country. Citing an example of Driverless Vehicles, he said that these vehicles must be with proper safeguards. If these vehicles are used in a destructive manner they may cause harmful immense.

He concluded that the new and emerging technologies like the ‘Internet of Things’ are going to change the world in next 30-50 years.

The 62nd convocation of IIT Kharagpur was held in a grand manner. Around 298 research scholars were awarded Ph.D. degrees. The institute has also felicitated seven distinguished alumni of the college.

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