Tag: Abhijit Banerjee

The 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to Indian-American Abhijit Banerjee along with Esther Duflo and Michael Kremer “for their experimental approach to alleviating global poverty.” The Royal Swedish Academy of Sciences has announced the prize on Monday, 14 October. Born in Kolkata, Banerjee is an […]

Kolkata: Indian-American Abhijit Banerjee and his wife Esther Duflo, joint winners of the 2019 Nobel Economics Prize, were closely associated with city-based Bandhan Bank for an anti-poverty programme, a top official of the lender said on Monday. Banerjee and French-American Duflo were associated with Bandhan Bank in 2011, when it was a micro-finance institution (MFI), […]

New York: Indian-American MIT professor Abhijit Banerjee, who jointly won the 2019 Nobel Economics Prize with his wife Esther Duflo and Harvard professor Michael Kremer, on Monday said he is delighted that work focussed on the world’s poorest people has been awarded the prestigious prize and it honours all the people working on the ground […]

New York: The newly-minted economics Nobel laureate Abhijit Banerjee has warned that the Indian economy is going into “a tailspin” and his prescription for the government is to focus on increasing demand rather than deficits or stability. “The economy going into a tailspin is the time when you don’t worry so much about monetary stability […]

New Delhi: Nobel laureate Abhijit Banerjee has said that Finance Minister Nirmala Sitharaman was his contemporary in Jawaharlal Nehru University (JNU) and they both stood on “similar” lines on “certain” issues during their academic years in the university. Speaking in a television interview, he said that it was not as if the two had deep […]

Kolkata: Waiting eagerly for her son to come home after winning the Nobel, Economist Abhijit Vinayak Banerjee’s mother says it is his late father’s rationality and sobriety which has rubbed off on his son making him so balanced and matured in handling criticism as also fame. An award like Nobel, she says, is recognition for […]

New Delhi: Prime Minister Narendra Modi on Tuesday met Nobel laureate Abhijit Banerjee and said, “India is proud of his accomplishments.” “Excellent meeting with Nobel laureate Abhijit Banerjee. His passion towards human empowerment is clearly visible. We had a healthy and extensive interaction on various subjects. India is proud of his accomplishments. Wishing him the […]

New Delhi: Nobel laureate Abhijit Banerjee, who met Narendra Modi here on Tuesday, said the prime minister joked about the media trying to bring out “anti-Modi” remarks from him. In a media interaction after the meeting at the prime minister’s official residence, Banerjee refused to take questions on the state of the economy and refrained […]

Bhubaneswar: The Odisha government on Thursday signed a Memorandum of Understanding (MoU) with the Abdul Latif Jameel Poverty Action Lab (J-PAL) South Asia to engage in a strategic evidence-based approach to policymaking. The partnership targets to maximise the impact of anti-poverty programmes of the state across a wide range of sectors. J-PAL is co-founded by […]

Stockholm: Indian-American economist Abhijit Vinayak Banerjee, and his French-American wife Esther Duflo were conferred the Nobel Prize for Economics in Sweden here, alongside their American colleague Michael Kremer. Unlike other laureates, who arrived in tuxedos and fancy Red Carpet dresses, the couple glorified the prestigious occasion in traditional Indian attire. Abhijit wore a black bandhgala […]

New Delhi: India should come out with a large enough stimulus package to revive demand, Nobel laureate Abhijit Banerjee said on Tuesday, asserting that putting cash in the hands of people would be the best way to boost the economy post lockdown. Banerjee, while talking to Congress leader Rahul Gandhi through video-conferencing, suggested giving money […]