Tuesday, Aug 11, 2020 | Last Update : 06:46 PM IST

140th Day Of Lockdown

Maharashtra52451335842118050 Tamil Nadu3028752446755041 Andhra Pradesh2355251456362116 Karnataka182354991263312 Delhi1461341316574131 Uttar Pradesh126722767212120 West Bengal98459671202059 Bihar8274154139450 Telangana8075157586637 Gujarat71064542382652 Assam5883842326145 Rajasthan5249738235789 Odisha4592731785321 Haryana4163534781483 Madhya Pradesh3902529020996 Kerala3433121832109 Jammu and Kashmir2489717003472 Punjab2390315319586 Jharkhand185168998177 Chhatisgarh12148880996 Uttarakhand96326134125 Goa871259575 Tripura6161417641 Puducherry5382320187 Manipur3752204411 Himachal Pradesh3371218114 Nagaland30119738 Arunachal Pradesh223115923 Chandigarh1595100425 Meghalaya11154986 Sikkim9105101 Mizoram6203230
  World   Europe  11 Dec 2019  Abhijit Banerjee, Esther Duflow turn up in dhoti, saree to receive Economics Nobel

Abhijit Banerjee, Esther Duflow turn up in dhoti, saree to receive Economics Nobel

ANI
Published : Dec 11, 2019, 8:55 am IST
Updated : Dec 11, 2019, 8:55 am IST

In a tweet, the Nobel Prize committee shared a small video of Banerjee, Duflo and Kremer receiving the award.

The US-based economists looked dapper with Banerjee turning up in a kurta that he teamed with a white gold-bordered dhoti and closed neck black vest, a nod to his Bengali origins.  (Photo: ANI)
 The US-based economists looked dapper with Banerjee turning up in a kurta that he teamed with a white gold-bordered dhoti and closed neck black vest, a nod to his Bengali origins. (Photo: ANI)

Stockholm: Indian American economist Abhijit Banerjee and his French-American wife Esther Duflo along with their colleague Michael Kremer received the 2019 Nobel Prize in Economic Sciences on Tuesday for their work to alleviate global poverty that has helped millions of children in an experimental approach that favours practical steps over theory.

The US-based economists looked dapper with Banerjee turning up in a kurta that he teamed with a white gold-bordered dhoti and closed neck black vest, a nod to his Bengali origins. Duflo also chose to wear Indian attire in a saree and red blouse and the quintessential red bindi for the award ceremony that was held at the Stockholm Concert Hall here.

 

In a tweet, the Nobel Prize committee shared a small video of Banerjee, Duflo and Kremer receiving the award. "Watch Abhijit Banerjee, Esther Duflo and Michael Kremer receive their medals and diplomas at the #NobelPrize award ceremony today. Congratulations! They were awarded the 2019 Prize in Economic Sciences for their experimental approach to alleviating global poverty," Nobel Prize tweeted.

"The research conducted by this year's Laureates has considerably improved our ability to fight global poverty. In just two decades, their new, experiment-based approach has transformed development economics, which is now a flourishing field of research," the organisation said on its website.

 

With this, Banerjee becomes second Indian to receive Nobel Prize in Economics. In 1998, Amartya Sen was awarded the Nobel Prize "for his contributions to welfare economics".

Banerjee completed his MA in Economics at the Jawaharlal Nehru University in New Delhi in 1983. Later, he went on to obtain a PhD in Economics at Harvard University in 1988.

The 58-year-old Kolkata-born economist is currently the Ford Foundation International Professor of Economics at Massachusetts Institute of Technology.

Meanwhile, 46-year-old Duflo became only the second woman to win the prize for economics.

Following the announcement of Nobel in October, Prime Minister Narendra Modi had congratulated Banerjee and met him. Prime Minister Modi had said that he has made notable contributions in the field of poverty alleviation.

 

Taking to Twitter, he tweeted: "Congratulations to Abhijit Banerjee on being conferred the 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. He has made notable contributions in the field of poverty alleviation."

Tags: abhijit banerjee, esther duflo, nobel prize in economic, michael kremer