Gupta was born in
Bhakkar,
Punjab,
India on 16 March 1908. After his initial years of rural education, regular schooling began in 1921. He was a scholarly boy with interests in cricket, photography and drama. He was a voracious reader of Hugo, Conan Doyle, Premchand, and Sharat Chandra. One of his classmates was A. B. Lal, who later served as a professor of
Political Science at
Allahabad University and finally the Vice Chancellor of the university. Gupta finished high school in Grade A in 1925 and successfully completed the Intermediate Exam in 1927, ranking first among all students. He passed his pre exams in Sanskrit from
Banaras Hindu University in 1926. His days in Banaras were spent under the guidance of Madan Mohan Malviya and with fellow students such as
Ram Manohar Lohia, Rudra Dutt Bharadwaj, Janardan Jha, and
Brij Lal. He graduated with a Bachelor of Arts in 1929. He achieved first class and ranked second among all students in Allahabad University, the Oxford of India. He spent his days among many brilliant students and teachers including Dr. Amarnath Jha, Professor A. B. Lal, Professor R. N. Deb, Sri Aditya Nath Jha (Later Governor of Delhi), Harivansh Rai Bachchan, and
Mahadevi Verma, who later became literary colleagues. Under intense pressure from his father, Gupta appeared for Civil Services Exams and passed them but chose the fields of education and literature as his career instead. It was during this time that his first sketch, "Headlights", was published in the Allahabad University magazine. ==Teaching career==