The current and evolving situation in Bangladesh is unlikely to trigger a fresh round of exodus of minority Hindus into India, Nobel laureate economist Abhijit Banerjee said. Historically, the academic explained, migration is mainly driven by social networks and economic opportunities, rather than persecution, even in the context of the crisis faced by minorities in Bangladesh. Speaking exclusively to PTI during his recent visit to the city to participate in a curtain-raiser event of the 16th edition of the Apeejay Kolkata Literary Festival, where his latest title Chhaunk: On Food, Economics and Society' was launched, Banerjee said he felt India's "explicit political preference for Hindu migrants from Bangladesh" is what prompted the population to leave their homeland in the past, rather than the attacks on the community. "People always leave for another country where they have their families or to a richer nation where the economic opportunities are higher," the Nobel laureate said
The TMC is leading in 30 of the 42 constituencies in West Bengal, according to early trends in 2024 Lok Sabha election results
West Bengal Nobel Laureate economist Abhijit Banerjee said it is not a new phenomenon that inefficient teachers have penetrated the education system over multi-crore teachers' recruitment scam in WB
Noting that temporary school closures will cause permanent damage, he said merely reopening schools will not be enough
The Nobel laureate was sharing his observations from a recent visit to West Bengal.
India should not take the drop in its Global Hunger Index ranking "seriously" as the methodology used for the exercise is 'model-based' and not survey-based, Banerjee said
Nobel laureate economist Abhijit Vinayak Banerjee on Thursday apprehended that the impending third wave of the COVID-19 pandemic might adversely impact the GDP
Banerjee heads West Bengal's Global Advisory Board (GAB) and advises the state government on issues related to the pandemic
Nobel Laureate says it is 'not clear at all' if bond markets would react negatively to moves to avert crisis.
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There is evidence to show that enough people don't know about the benefits of education, says Banerjee
He, however, said that the country will see a revival in growth in the July-September quarter of the current fiscal
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"India plans to spend less than one per cent of its GDP at Rs 1.70 trillion. We should spend a much-increased proportion of GDP," he said
Economist and former RBI Governor, Raghuram Rajan had a similar interaction with Gandhi last week
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According to the nobel laureate, spending is the easiest way to revive the economy as MSME sector will get back to its position which will have subsequent chain reaction