NEW DELHI - Indian politicians and academics cheered the Nobel economics prize awarded on Monday to Indian-born American Abhijit Banerjee, whose proud mother told visitors crowding into her apartment that he came from “a family of economists”.
Banerjee was recognised for his work on fighting poverty and some said the award was a repudiation of policies pursued by Prime Minister Narendra Modi. Nonetheless, Modi offered praise. “Congratulations to Abhijit Banerjee ... He has made notable contributions in the field of poverty alleviation,” he said in a Tweet.“Big day for every Indian. Heartiest congratulations to eminent economist Abhijit Banerjee ... Work on poverty alleviation gets highest endorsement,” Delhi Chief Minister Arvind Kejriwal said.
Running in the family it is.
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Economists shape our world, and luckily the Nobel Prize Committee understands them | OpinionHere's to you, Professors Banerjee, Duflo and Kremer. Congratulations! Now tell me whether we should increase or decrease aid to developing nations. Using very short words, please. Good deeds don't need a reward. We don't live in 'our world' Sorry to burst your bubble
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