-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...

-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...

-The New Indian Express According to the central bank’s RTI reply, 3,542.991 million notes of Rs 2,000 were PRInted during the financial year 2016-17. NEW DELHI: Have you been wondering why the ATMs have been barely dispensing Rs 2,000 notes for last few months? That’s because the PRInting of the high-value note has been stopped, the Reserve Bank of India informed this newspaper in reply to an RTI query.     The Bharatiya Reserve Bank...

-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...

-The Indian Express Tomatoes-onions-potatoes face extreme PRIce volatility. Addressing it requires sustainable solutions, not temporary ad hoc measures. Last month, on September 13, when onion retail PRIces crossed Rs 40/kg in Delhi, the government was hyperactive and imposed a minimum export PRIce (MEP) of $850/tonne. Later on, as PRIces went further up to Rs 50-60/kg, stocking limits were imposed on traders and exports of onions were banned. It created problems in...