Automation likely to kill 9% jobs in India, says IMF's David Lipton

Globally, he said, 14 per cent of workforce or 375 million workers could lose jobs to automation

Automation can lead to 9 per cent of workers becoming unemployed in India, said David Lipton, deputy first managing director at the International Monetary Fund (IMF).
 
Delivering the CD Deshmukh memorial lecture on Thursday, Lipton said economic expansion in India would help these people as the economy was growing at 6-7 per cent a year if one disregarded the current slowdown. Besides, Indian businesses are more agile compared to their counterparts elsewhere, he said at the event, organised by the National Council of Applied Economic Research (NCAER).
 
Globally, he said, 14 per cent of workforce or 375 million