Nobel winner Banerjee worked on Cong's NYAY7

October 14, 2019 18:20

For those naysayers who doubted the Congress party's poverty allieviation scheme -- NYAY -- would work, here's an eyeopener: Economist and MIT professor Abhijit Banerjee who won the Nobel Prize for economics worked closely on it.

Rahul Gandhi offers his congratulations saying, "Congratulations to #AbhijitBanerjee on winning the Nobel Prize in Economics. Abhijit helped conceptualise NYAY that had the power to destroy poverty and boost the Indian economy. Instead we now have Modinomics, that's destroying the economy and boosting poverty."

ReadBanerjee's interview on how NYAY could eradicate poverty.

Indian-American Abhijit Banerjee, his French-American wife Esther Duflo and another economist Michael Kremer were declared winners of the Nobel Prize for economics on Monday. The 58-year-old bagged the Nobel award for his "experimental approach to alleviating global poverty".

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