Abhijit Banerjee Nobel Prize Winner 2019 – Abhijit Banerjee, the Indian-American economist along with his co-researchers that includes his wife, Esther Duflo and his colleague, Michael Kremer were awarded with the Nobel Prize 2019 in Economic Sciences. This award was presented to them in a ceremony held in Stockholm, Sweden where Abhijit Banerjee was spotted wearing the traditional Indian attire – Cream in Colour Kurta, Black Bandhgala with an off-white Dhoti while his wife wore a red & blue collared saree. Kremer was seen wearing a black suit.
Abhijit Banerjee Nobel Prize Winner 2019 – It was the Royal Swedish Academy of Sciences that honoured Abhjit Banerjee, Esther Duflo, and Michael Kremer for their ‘Experimental Approach to Alleviating Global Poverty.’ The award was announced on 15th October and simultaneously Abhijit Banerjee and Esther Duflo became the 4th married couple to have won the Nobel Prize together.
All three of them were awarded with medals and were also awarded with a prize money of 9 million Swedish Krona which makes almost Rs 6.7 crores.
More about Abhijit Banerjee Nobel Prize Winner 2019
Abhijit Banerjee was born on 21st February 1961 in Kolkata, India. He completed his MA in Economics in 1983 from Jawaharlal Nehru University in New Delhi after completing his B.Sc (H) degree in Economics from University of Calcutta in Presidency College, Kolkata. Later in 1988, went to do a PhD in Economics from Harvard University. Now, he along with his wife are both professors at the MIT in the US.
Some more Facts about Abhijit Banerjee Nobel Prize Winner 2019
Abhijit Banerjee is the second Indian-origin economist to have won the Nobel Prize in Economics after Amartya Sen. Both Abhijit Banerjee and Amartya Sen are alumni of Kolkata’s Presidency College.
Esther Duflo is now the second woman to have won the Nobel Prize in Economics after Elinor Ostrom in 2009.
According to the Nobel citation, the research conducted by the 3 Nobel laureates will help in improving the ability to combat global poverty and could also help in transforming development economics. Some economists also believe that the research will lead to a lot of positive results towards poverty alleviation in future.
Also, more than the award, it was Abhijit Banerjee’s gesture of wearing an Indian attire to the ceremony which caught attention from the audience. Have a look at it below:
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.” pic.twitter.com/c3ltP7EXcF
— The Nobel Prize (@NobelPrize) December 10, 2019
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