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Published 23:24 IST, October 14th 2019

Pranab Mukherjee congratulates Abhijit Banerjee on Nobel Prize win

Pranab Mukherjee has congratulated the Nobel Prize winner for Economic Sciences, Abhijit Banerjee saying that 'India as indeed Bengal is proud of you'

Reported by: Prachi Mankani
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Former President of India, Pranab Mukherjee has congratulated the Nobel Prize winner for Economic Sciences, Abhijit Banerjee, on October 14, saying that 'India as indeed Bengal is proud of you'. Mukherjee also congratulated Esther Duflo, wife of Abhijit Banerjee, and Michael Kremer who were the others who shared the prestigious medal. 

Abhijit Banerjee, an Indian-American, was awarded Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, along with Duflo and Kremer, for their experimental approach to alleviating global poverty. 

READ: Nobel Economics Prize win 'wonderful', explains Abhijit Banerjee

President Kovind also congratulated the Nobel Prize winner

President Ram Nath Kovind also took to Twitter and congratulated the winners and said that their research has helped the economist get a better understanding of poverty alienation methods.

READ: Nobel Prize recipient, Abhijit Banerjee's mother says, 'We are proud'

READ: PM Modi congratulates Abhijit Banerjee on Nobel Economics Prize win

Nobel Prize winners worked on issues to alienate poverty

All the three winners have worked together on the microeconomic issues that majorly focus on the developing countries. Their experiments were focused on alleviating poverty from the world.  Esther Duflo along with her spouse, Abhijit Banerjee, has done extensive work on how global poverty is impacted by household behaviour, the importance of education, access to monetary stability, health care and policymaking. While talking to the global media, Duflo said that she felt incredible and that all three of them have worked together on more than a hundred researches that will help eradicate global poverty.  

READ: Nobel prize-winning couples: Abhijit Banerjee-Esther Duflo the sixth

22:52 IST, October 14th 2019