Friday, June 18, 2021
Home News Reports PM Modi was gracious in congratulating me, economic slowdown not India specific: Esther Duflo...

PM Modi was gracious in congratulating me, economic slowdown not India specific: Esther Duflo on India, PM Modi and the Economy

Speaking to Times of India on the issue of economic slowdown, Duflo said that the slowdown was not just an India-specific problem.

Nobel Prize Winner and economist Abhijit Banerjee’s wife Esther Duflo has praised PM Modi and Indians for showing more grace in congratulating the trio after they won the 2019 Nobel Prize for Economics. Esther Duflo, who belongs to France also stated how President Macron only congratulated her and did not mention the other two for winning the prestigious award.

In an interview to Times of India, Esther Duflo expressed that Indians and PM Modi have shown more class in congratulating them, especially her, after the trio of – Michael Kremer, Abhijit Banerjee and Esther Duflo won the 2019 Nobel Prize for Economics.

Duflo further stated that PM Modi did graciously congratulate her and Michael Kremer in a tweet along with Abhijit Banerjee. She recognised the grace of PM Modi, who had congratulated not only Abhijit Banerjee but also the other two economists.

Read: Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel: Read how Nobel Prize in Economics differs from original Nobel Prizes

As Nobel Prize Committee announced the award for the trio for their work “experimental approach to alleviating global poverty”, Prime Minister Narendra Modi congratulated Indian-American Abhijit Banerjee on winning the Nobel Prize for Economics, saying he has made notable contributions in the field of poverty alleviation. He had also congratulated Esther Duflo and Michael Kremer for winning the Nobel.

Speaking to Times of India on the issue of economic slowdown, Duflo said that the slowdown was not just an India-specific problem. Duflo added that the slowdown is not just in India, but it is also in China. “There are also fears of a recession in the US and Europe. If you can’t boast about the economy, you find something else – and that problem is everywhere. The thing is to acknowledge it and not do silly things,” added Duflo

Analysing the current slowdown, she said even China has revised its growth target to 7% from double-digit levels, the Premier has called it “The New Normal”, and the press is dutifully echoing it. She suggested that the governments can do two things in bad times to protect the poor, first being not slashing social programmes, and using the existing money even better.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staff
Staff reporter at OpIndia

Related Articles

Trending now

4 arrested in Hiranandani society fake vaccine scam, Tips Films, another production house were duped too: Reports

4 persons have been arrested by the Kandivali Police in the fake vaccination drive case. They have been sent to judicial custody till June 25.

Mukul Roy refuses to resign from assembly after defecting to TMC, Suvendu Adhikari petitions the speaker to disqualify him

Suvendu Adhilkari asks assembly speaker to disqualify Mukul Roy as per anti-defection law after Roy quite BJP to join TMC

‘Muslims must kill 4-6 persons before dying’: Congress’ new minority cell head Imran Pratapgarhi and his hate-filled ‘shayari’. Details

The newly appointed Congress minority cell head Imran Pratapgarhi is believed to be the favourite of Priyanka Gandhi Vadra.

FT refers to India as the ‘weakest link’ in the Quad. How their quoted expert denies conclusion and how they got it massively wrong

Quoting a few experts in foreign policy, FT declared that India is the 'weakest link' of the informal alliance as it had failed to provide necessary vaccines to the nations as it had agreed to in the Quad summit that was held in March.

UP: Woman alleges harassment, obscene messages by police officer in Sultanpur, SP orders investigation. Details of the case

After the case was highlighted on the social media, Sultanpur police have informed that they have suspended a constable involved in the case and the accused inspector has been ordered to report at the police lines.

Farmer org releases unclear video to claim man committed suicide at Tikri border, clearer video shows man accusing ‘farmer’ of setting him on fire

A man was burnt alive and succumbed to his injuries after visiting the Tikri border where farmers are protesting

Recently Popular

Pakistani audience go ballistic over Zee5 web series featuring Muslim girl-Indian Hindu boy love story, call it ‘haram’

The Pakistani web series features the love story between a Pakistani Muslim girl and Indian Hindu boy who have both lost their fathers to the conflict between the two nations.

Dhruv Rathee fans mark YouTuber Karolina Goswami for targeted harassment after she exposed his lies

After Karolina Goswami pointed out the factual errors and mistakes in the Dhruv Rathee video, Rathee's supporters have been harassing and abusing Goswami.

AAP celebrates Delhi’s new architectural marvel, the Moti Nagar speed breaker

AAP's Moti Nagar MLA has recently inaugurated a speed breaker, along with dozens of supporters flouting social distancing norms.

Ghaziabad fake hate crime case: Unmuted video of elderly man seconds before he was beaten up released. Watch

In the video, Abdul can be heard admitting that one Intezar sent some people to him to make the 'tabeez' (occult amulet) and put them in his spell as he had some work from them.

Twitter India MD told Delhi Police he does not know directors and owner of his company, details of his boss: Feigning ignorance or...

Twitter India MD Manish Maheshwari said he does know who owns Twitter India, and which company his boss Yu Sasamoto belongs to

Virtual hearing embarrassment: Congress leader Abhishek Manu Singhvi caught attending the court proceedings without pants

Abhishek Manu Singhvi was caught attending court proceedings in boxer shorts when one of the screens accidentally fell off and showed the naked legs of the senior advocate
- Advertisement -


Connect with us