From Notebandi to Statistics, Nobel Laureates Banerjee, Duflo Have Been Critical of Modi Govt
Nobel prize-winning economists Abhijit Banerjee and Esther Duflo have, over the years, been forthright in their criticism of some of the economic policies of the Narendra Modi government. They have raised objections over everything from demonetisation and the GST to the manner in which the Centre has handled official statistical data.
For instance, just a few days ago, at a talk in Brown University, Banerjee admonished the NDA-II for its centralised decision-making, calling for less interference by the Prime Minister’s Office (PMO) in “decisions taken by professionals” and a general strengthening of India’s institutions.
In remarks made to television channels just after winning the Nobel prize, Banerjee also stated that the condition of India’s economy was currently on “shaky ground”, and that the assurance of constant growth is now “also gone”. The husband-wife duo have both criticised demonetisation, Modi’s signature economic move that defined his first tenure as prime minister.…
- Cut rates, reform more to revive economy: IMF’s advice to India (Oct 15, 2019, Live Mint)
- Warning of severe slowdown World Bank cuts India growth projection to 6% (Oct 14, 2019, Sabrang India)
- I-T finds undisclosed income of over Rs 500 crore in firms founded by religious leader Kalki Bhagwan (Oct 19, 2019, Scroll.in)
- The ‘misfortune’ of Singh and economy (Oct 18, 2019, The Telegraph)