-The Hindu Business Line “Join the Regional Comprehensive Economic Partnership (RCEP), but do not ignore your internal market and demand. Ninety per cent of our bad export story is domestic challenges, 10 per cent is external environment or external policy,” says economist Surjit S Bhalla. Seventy-one-year old Bhalla has a tough task ahead — to make New Delhi’s voice louder at the international forums as he is set to take charge...

-The Indian Express It is crucial for young girls to have female mentors because research shows that it encourages them to persevere ahead, despite difficulties. The person who convinced me to do a PhD in economics was Abhijit Banerjee of MIT, when I worked with him on one of the first randomised controlled trials in the field of economics in the late 1990s. During my PhD, I had the good fortune...

-The Hindu Despite limitations, the use of randomised control trials has led to a paradigm shift in development policy evaluation If Rip Van Winkle was an academic economist and woke up from a two-decade long sleep this week, he would be baffled by the news of the Nobel Prize in Economics this year awarded to Abhijit Banerjee, Esther Duflo, and Michael Kremer for pioneering the use of randomised control trials (RCTs) in...

-CounterCurrents.org Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) this year has almost come to a standstill. While the nation is debating the economic slowdown and falling demand in the rural areas , economists emphasizing that increase in the rural income and generating resources for the poor as a potential solution to the on going crisis, the so called world’s largest job scheme remains neglected by the Government of India. While focusing...

-The Tribune A serious methodological flaw of the RCT approach that has been pointed out by ethnographic studies of poverty is that its overemphasis on quantitative method has deprived it of the insights of qualitative methods. There is some recognition of the flaw by admitting that a mixed method approach can be useful, but the approach remains hostile to qualitative methods. THE award of the 2019 Nobel Prize in Economics to Abhijit...