-Financial Express Indian-American Nobel prize winner economist Abhijeet Banerjee on Monday said that the government should make policies that work for the people. Indian-American Nobel prize winner economist Abhijeet Banerjee on Monday said that the government should make policies that work for the people, TV news channel CNBC TV-18 reported. There is a willingness to announce policies that sound good and serve the political purpose dictate their nature, he also said in...
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An economics for the poor -Himanshu
-The Indian Express Banerjee, Duflo and Kremer introduced a paradigm shift in approach to alleviating poverty. The Nobel Prize in Economics for 2019 has been awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer for “their experimental approach to alleviating global poverty”. The approach, popularly known as Randomised Control Trial (RCT), has been the buzzword among development economists for almost two decades. Banerjee, Duflo and Kremer have used this technique (inspired...
More »Explainer: What Abhijit Banerjee, Esther Duflo, Michael Kremer won the Economics Nobel for -Jahnavi Sen and Kabir Agarwal
-TheWire.in All three winners argue that using randomised control trials can lead to better public policy interventions. New Delhi: The 2019 Nobel Prize for economics has been awarded to three economists who have focused on framing policies by first measuring the outcomes of alternative interventions on randomly chosen samples from a target population. Abhijit Banerjee, Esther Duflo and Michael Kremer have all worked on using this method to argue that randomised control trials...
More »Images from Nasa reveal crop burning the reason behind increase in Delhi pollution -Kumar Kunal
-IndiaToday.in An AQI between 0 and 50 is considered 'good', 51 and 100 'satisfactory', 101 and 200 'moderate', 201 and 300 'poor', 301 and 400 'very poor', and 401 and 500 'severe'. * Nasa showed fire incidents occurring in the North-western region of India and adjoining regions in Pakistan * The fire incidents are likely due to crop burning in the area * The overall Air Quality Index (AQI) in Delhi touched the 301...
More »Extreme weather events destroying our economy in a big way, indicates official data
Sporadic natural events like floods and droughts have made headlines in recent times. An official report, which was released in April this year, among other things, shows that extreme weather events have taken a huge toll on both human and cattle lives, personal property and crops grown by farmers and farm workers. A chapter on extreme weather events and natural disasters in the report entitled EnviStats India 2019, Vol. I: Environment...
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