Sunday, 24 February 2019

Poverty can be eradicated by creating Jobs: Dr. Rama


23/2/2019

PUNE: “There are three important aspects those should be taken into consideration while addressing the employment problem in India. First is how do we see the problem? Second is Digital Revolution and third is the Government Policies for Employment,” said Martin Rama during his speech at the International Conference on, Future of Employment: Challenges and Opportunities (FECO 2019).

This event was organized by Symbiosis School of Economics at Symbiosis International (Deemed University). Dr. Martin Rama, is the Chief Economist for the South Asia region of the World Bank, based in Delhi. He further stated that to get the freedom from poverty, jobs must be created on a large scale in a country like India having a population of more than 125 crores.

It has been observed that in the developing countries there is an anxiety about the emerging technologies like artificial intelligence or robots. There is a feeling that such type of techniques may result in loss of jobs on a large scale or it can be used as substitute for the humans. To defend this psychology, Dr. Martin Rama said that New Technologies has the capacity to generate new jobs in the market e.g. Ola and Uber companies’ generated jobs for thousands of people across the nation. Labor policies in India needs simplification in their operation and social protection is required from Job based to Individual based he added further in his speech.

Speaking at the conference Dr. S.B. Mujumdar said that, Today unemployment has become a global issue. In our country where there is a maximum number of youth available we must convert this youth into a strong human resource by giving them a skill based education. A skill based education is required for employability.

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