Gupta received the Padma Shri, India's fourth highest civilian honor, posthumously in 2022.
[1] An economist by profession,[3] he focused on industrial economics, studying the political economy and trying to derive linkages between the capitalist transformation of India and the implied implications on societal growth.
[2] Gupta was a member of the high level Committee for Evolving a Composite Development Index for the States, headed by Raghuram Rajan.
[7] Gupta worked on various research projects with the Institute of Development Studies, Sussex; International Labour Organisation, World Bank and London School of Economics.
[1][4] Gupta was a director of the Andhra Bank until his term expired in 2011[9] and Member Executive Committee, of the Indian government's National literacy mission (NLM).
[10] Gupta received the Padma Shri, India's fourth highest civilian honor, posthumously in 2022.