India, Sept. 13 -- Nobel Laureate Dr. Abhijit Banerjee was awarded the 2019 Nobel Prize in Economics with his wife Dr. Esther Duflo, and Dr. Michael Kremer for pioneering the use of randomised controlled trials in development economics. He has transformed how policymakers and governments understand poverty alleviation. His groundbreaking research-demonstrating the power of simple interventions like the effectiveness of offering free lunches in India to encourage children to attend school and school-based deworming in Kenya-has reshaped the global fight against poverty and redirected billions of dollars toward programmes proven to work.

Professor Banerjee is currently the Ford Foundation International Professor of Economics at the Massach...