-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...
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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 »Patna Corporation admitted it failed, told HC before rains: 'Functioning in primitive way' -Santosh Singh
-The Indian Express From September 28 to October 1, Patna received about 400 mm of rainfall. With all 39 sump houses remaining non-functional till October 1, at least 60 per cent of Patna faced water-logging. * “Any modern city requires four basic infrastructure systems in place to function efficiently — drinking water supply system, storm water drainage system, sewage system and sewerage netWork system, and solid waste management system. Patna Municipal...
More »Women farmers focus of Rajasthan govt's new subsidy scheme -Rakesh Goswami
-Hindustan Times The scheme launched to give more subsidies to farmers will prefer women for benefits for gender mainstreaming in agriculture, said officials Jaipur: The Rajasthan government will focus on women farmers in a new subsidy scheme for livelihood improvement, said officials. The scheme launched to give more subsidies to farmers will prefer women for benefits for gender mainstreaming in agriculture, the officials added. The scheme will be run by the water resources department...
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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