On the recent increase in hate crimes targeting Indian- Americans, Gupta said there has to food factory lighting factory be heightened awareness among the community through educational programs about their rights.”India needs to create 20 million jobs a year and it is no way near that.Experts are warning of prolonged layoffs in the Indian IT sector as digitisation and automation become the new normal and a wave of protectionism in major markets like the US, Singapore, Australia and New Zealand closes the door for IT engineers from India.Gupta, who was a former director at Goldman Sachs, was sentenced to two years in prison after being convicted of insider trading charges.Last year, he assumed the role of Chairman of WHEELS Global Foundation, a US-based non-profit started by IIT alumni that focuses on applying technology to uplift rural communities and provide technological solutions to global challenges.
The Indian-American community, unlike other minority communities, also does not have a legal defence fund that can be used to bring cases and prosecute those responsible for such crimes. No,” he said.Gupta said there is urgent need for “revolution in education” where imparting knowledge has to move from being in lecture mode to being more interactive, digital and participatory. A free man now, Gupta has been gradually re-entering the social and philanthropic world. It becomes a government scheme. He also voiced concern at the huge youth unemployment in India and other major countries.
“The Indian IT industry is in panic and rightly should be because technology is overtaking them and they haven’t invested in it,” Gupta said. Are (the youth) really skilled when they come out. Most of our skilling efforts in India are failures because certain elements are not built into it.New York: The Indian IT industry “rightly” should be in “panic” mode as it has not kept pace with the fast-changing innovation, India-born former McKinsey head Rajat Gupta has said.”A fundamental revolution in education needs to be taking place,” he said.”Code writing and testing is the most inefficient industry that existed,” he said at a panel discussion here yesterday organised by the New York Tri-State chapter of Pratham USA, one of the largest non-governmental organisations.He said industries today “have to constantly move with innovation” as basic IT work gets automated and advanced innovations such as artificial intelligence, virtual reality and cloud computing overtake the technological world
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