-PTI * The author of 'Good Economics for Hard Times' added that the slowdown in the economy will also adversely impact poverty alleviation in the country * Abhijit Banerjee said the demand slowdown in the automobile sector also shows that people are lacking confidence in the economy JAIPUR: Nobel laureate and economist Abhijit Banerjee here on Sunday said the banking sector in the country is "stressed" and the government is in no position...

-The Hindu Nobel laureate Abhijit Banerjee says the deficit numbers are a bit imaginary, not a big deal if breached Mumbai: Nobel laureate Abhijit Banerjee has said that he would not back fiscal tightening in the current economic environment. Prof. Banerjee added that the real constraint to the state of education in the country in the current climate of economic slowdown was not lack of money, but the lack of attention paid to...

-PTI * There is a need for greater flexibility in the Indian education sector across all aspects, he said, calling the system 'very rigid' * He said private schools are 'terrible' from an outcome perspective Mumbai: Education outcomes in state-run schools can be better than the private ones, Nobel laureate Abhijit Banerjee said on Saturday as he lauded Delhi government schools for "outperforming" their private peers. He said state agencies have been "generous" with...

-The Indian Express CAA and NRC introduce a meddlesome officialdom into a question as fundamental as citizenship. Why not open our doors to all who sign up in our national mission of being democratic, open, tolerant and inclusive? In 2014, then candidate Narendra Modi’s slogan of “maximum governance minimum government” had resonated with many voters who felt that the Indian government loomed too large in their lives while delivering too little to...

-Livemint.com What works for a small-scale NGO-style intervention may not help the state’s implementation of it without elaborate checks The Nobel Prize for economics this year has gone to three scholars, two American citizens and one French-American. It has generated much excitement in India because one of the Americans, Abhijit Banerjee, is of Indian descent, and all three have worked on India. This has happened before. Angus Deaton, the 2015 recipient, and...