PM meets Abhijit Banerjee, says 'India is proud'



“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 very best for his future endeavours,” Modi said in a tweet, sharing a picture of their meeting at his official residence.



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Banerjee-Duflo duo & Bandhan Bank's anti-poverty plan



According to a 2011 impact assessment study of the programme by Banerjee and Duflo, along with economists Raghabendra Chattopadhyay and Jeremy Shapiro, Bandhan’s THP results in a 15 per cent increase in household consumption and had a positive impact on wealth and welfare, such as assets and emotional well being.



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How Banerjee-Duflo's economics is relevant for India



For Duflo and Banerjee, an important part of their work has been ensuring that the agency of the “beneficiaries” — usually, in developing countries like India, poorer individuals — is put at the centre of any policy design.



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'Innovative field research in India helped Banerjee'



This year’s Laureates have shown how the problem of global poverty can be tackled by breaking it down into a number of smaller – but more precise – questions at individual or group levels, he Royal Swedish Academy of Sciences said.



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Indian economy is on a shaky ground: Abhijit Banerjee



‘In the last five-six years, at least we could witness some growth, but now that assurance is also gone,’ Banerjee told a news channel from the US.



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MIT congratulates Abhijit Banerjee, wife Esther Duflo



MIT, in a release, said the ‘work of Duflo and Banerjee has emphasised the use of field experiments in research, to bring the principles of laboratory-style randomised, controlled trials to empirical economics’.



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Abhijit Banerjee, the desi who won Nobel in economics



On Monday, the Royal Swedish Academy of Sciences announced that Abhijit Banerjee, Esther Duflo and Michael Kremer had won the 2019 Nobel Prize for economics “for their experimental approach to alleviating global poverty”.



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Abhijeet Banerjee, 2nd Presidency alumni to win Nobel



Amartya Sen was the other Presidency alumni to win the Economics Nobel.



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Abhijit Banerjee, 2 others win 2019 Nobel in Economics



Banerjee, 58, was educated at the University of Calcutta, Jawaharlal Nehru University and Harvard University, where he received his Ph.D in 1988. He is currently the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology.



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