India-American Economist Abhijit Banerjee among to receive Nobel prize in Economics

The other two people who received the award are Esther Duflo and Michael Kremer.

"The 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer 'for their experimental approach to alleviating global poverty'," the official Twitter handle of the Nobel Prize said.

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

Banerjee is a co-founder of the Abdul Latif Jameel Poverty Action Lab (along with economists Esther Duflo and Sendhil Mullainathan), a research affiliate of Innovations for Poverty Action, and a member of the Consortium on Financial Systems and Poverty.

Banerjee was a president of the Bureau for the Research in the Economic Analysis of Development, a research associate of the National Bureau of Economic Research, a research fellow at the Centre for Economic Policy Research, an international research fellow of the Kiel Institute, fellow at the American Academy of Arts and Sciences, and a fellow at the Econometric Society. 

Banerjee was born in Kolkata and attended South Point School and Presidency College in the city.

Later, he completed his M.A. in economics at the Jawaharlal Nehru University, Delhi in 1983.

He went on to obtain a Ph.D. in economics at Harvard in 1988. 

Image: The Nobel Prize Twitter page