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Country's First Visually Impaired Woman IAS Officer Takes Charge

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Country's First Visually Impaired Woman IAS Officer Takes Charge All the world's a stage, and all the men and women merely players: TUESDAY they have their exits and their OCTOBER 15, 2019 entrances; and one man in his CHANDIGARH time plays many parts, his acts being seven ages. VOL. XXIII, NO. 246 PAGES 12 Rs. 2 William Shakespeare YUGMARGYOUR REGION, YOUR PAPER Dada to start new innings PM Modi is loudspeaker of Ambani- 'Dream Girl' becomes Ayushmann's highest- as BCCI Prez Adani: Rahul Gandhi grossing film, earns 140 cr ...PAGE 12 .... PAGE 3 ...PAGE 10 Indian-origin Banerjee, wife Duflo win Nobel for Economics RBI enhances withdrawal limit for PMC Bank depositors Abhijit studied at Calcutta University and JNU AGENCY to Rs 40,000 NEW DELHI, OCT 14 NEW DELHI: The Reserve Bank of India (RBI) has enhanced the Indian-American Abhijit Banerjee, his wife withdrawal limit for depositors of Esther Duflo and Michael Kremer were Punjab and Maharashtra Coop- awarded the 2019 Nobel Economics Prize on erative (PMC) Bank Ltd to Rs Monday for their approach to alleviate glob- 40,000. al poverty. Post-paid mobile phone On October 3, the RBI had per- mitted the depositors of the bank Fifty-eight-year-old Banerjee was born to withdraw up to Rs 25,000 of in 1961. He studied in Calcutta University’s the total balance in their ac- Presidency College and Jawaharlal Nehru counts. University and then did a PhD from Harvard services restored in "The RBI, after reviewing the in 1988. bank's liquidity position and its Duflo, 46, is the second woman to win ability to pay its depositors, has the economics prize after Elinor Ostrom got decided to further enhance the it in 2009, and is also the youngest ever to re- Kashmir without internet limit for withdrawal to Rs 40,000, ceive the economics award. She is married to inclusive of Rs 25,000 allowed Abhijit Banerjee. AGENCY internet services, including What- earlier," read a statement from “The research conducted by this year’s SRINAGAR, OCT 14 sApp, will remain deactivated for now, the RBI. Laureates has considerably improved our officials said. With the relaxation, about 77 per ability to fight global poverty. In just two Mobile phones in Kashmir buzzed Connectivity was snapped exactly cent of the depositors of the bank decades, their new experiment-based ap- back to life on Monday, connecting 40 a week before Eid, celebrated on Au- will be able to withdraw their en- proach has transformed development eco- lakh post-paid subscribers to their gust 12. And so great was the relief on tire account balance, the state- nomics, which is now a flourishing field of families and friends in the country, the Monday that many Kashmiris wished ment said. "The financial position of the research,” said the Nobel committee in a Valley and their neighbourhoods after each other Eid Mubarak. "This day is bank has been substantially im- statement.Banerjee founded the Abdul Latif ‘Indian economy on a shaky ground’ 72 days but without any internet facil- no less than Eid for us. In a global era paired due to fraud perpetrated Jameel Poverty Action Lab (J-PAL) in 2003, KOLKATA: Indian-American Abhijit Banerjee, who on Monday won the 2019 Nobel for Economics, ities. of the world becoming one, transcend- on it by certain persons. along with Duflo and Sendhil Mullainathan. said Indian economy is on a shaky ground. The data currently available do not hold any assurance The phones started ringing from ing borders, we were cut off from the J-PAL is a global research centre based in for the country's economic revival anytime soon, he stated. "The condition of Indian economy is on a noon as promised by the government rest of the world for more than two Massachusetts. Banerjee is a fellow of the shaky ground. After witnessing the present (growth) data, just can't be sure about it (revival of econ- on Saturday and people across the Val- months," said Nighat Shah. Basharat American Academy of Arts and Sciences and omy in near future). "In the last five-six years, at least we could witness some growth, but now that ley quickly dialled out to speak to Ahmad, a resident of the old city, lost Soldier the Econometric Society and winner of the assurance is also gone," Banerjee told a news channel from the US. those they had been unable to since no time in calling his friends and rela- martyred in Pak Infosys prize. His articles on economics of- The 58-year-old economist, who bagged the coveted prize jointly with his wife Esther Duflo and an- August 5, when the Centre revoked tives within Kashmir and outside to ten appear in major news publications across other economist Michael Kremer for his "experimental approach to alleviating global poverty", said Jammu and Kashmir's special status just hear their voices after the long the article. He was a former columnist of he never thought he would get a Nobel so early in his career. and reorganised the state into two gap. In just an hour, he made 30 calls. shelling in Uri "I have been doing this research for the last twenty years. We have tried offering solutions towards BARAMULLA: A soldier was Hindustan Times.Banerjee is the author of alleviation of poverty," Banerjee, who is currently the Ford Foundation International Professor of union territories. "I had not spoken to my relatives in martyred when Pakistani troops four books that includes Poor Economics, for Economics at the Massachusetts Institute of Technology (MIT), said. The resumption of the service is Delhi and elsewhere outside Kashmir violated ceasefire and resorted which he won the Financial Times and Gold- only on post-paid connections and for 70 days. I want to hear from all of to unprovoked and indiscrimi- man Sachs Business Book of the Year Award only for voice calls and SMS. Over 25 them and want to tell them we are still nate shelling and firing from in 2011. The book has been translated into lakh prepaid mobile phones and other alive," Ahmad said. across the Line of Control (Loc) more than 17 languages.Wishes started pour- in Uri sector in this north Kash- ing in with the news of Banerjee winning the mir on Sunday evening, official Nobel prize in economics. Both Abhijit Modi lauds his contributions sources said on Monday. Banerjee and Esther Duflo work at Massa- Pakistan under biggest They said Pak troops fired mor- chusetts Institute of Technology while Kre- tar shells and indiscriminate fir- mer is at Harvard University. Duflo is also towards poverty alleviation ing, targeting forwarding position the Editor of the American Economic Re- NEW DELHI: Prime Minister Narendra Modi on Monday congrat- pressure from FATF: Doval at Hatlanga and Nanak Post in view, a member of the National Academy of ulated Indian-origin economist and academic Prof Abhijit Banerjee Uri sector. A number of civilian Sciences and a Corresponding Fellow of the on winning the Nobel Prize in Economic Sciences and said that he NEW DELHI, OCT 14 istan comes from the functionaries areas also came under the Pak British Academy. Kremer, 54, is a develop- has made notable contributions in the field of poverty alleviation. of the FATF. In the present context, shelling, they said adding Indian ment economist, who is currently the Gates Taking to Twitter, he tweeted: "Congratulations to Abhijit Baner- Pakistan is under a lot of pressure at no country can afford to go for a war troops also retaliated and hit a number of Pak forward bunkers. Professor of Developing Societies at Harvard jee on being conferred the 2019 Sveriges Riksbank Prize in Eco- the Financial Action Task Force as the financial and human costs are A soldier was injured in the Pak University. The Royal Swedish Academy of nomic Sciences in Memory of Alfred Nobel. He has made notable (FATF) meeting, currently under huge and no one is sure about the shelling, they said adding the in- Sciences said that due to the studies of contributions in the field of poverty alleviation." way in Paris, to rein in terror groups victory, he said. "One of the biggest jured was shifted to hospital, Banerjee, Duflo and Kremer more than five The Prime Minister also congratulated Banerjee's French-Amer- operating from its soil, National Se- pressure that is coming on Pakistan where he succumbed. million Indian children have benefitted from ican wife Esther Duflo and the US' Michael Kremer who also curity Advisor (NSA) Ajit Doval today is because of the procedure of However, causalities suffered by effective programmes of remedial tutoring in bagged the award. said on Monday. Doval, who was the FATF, I guess. The FATF has put Pak troops was not immediately schools. The Nobel prize in economics prize "I also congratulate Esther Duflo and Michael Kremer for winning the prestigious addressing a meeting of the chiefs so much of pressure on them that no known, they said adding ex- includes 9 million-kronor (USD 918,000) Nobel," he tweeted. The trio was awarded the Nobel Prize for Economic Sciences "for of the Anti Terrorism Squads (ATS), other action could have been so," change of fire continued for cash, a gold medal and a diploma. their experimental approach to alleviating global poverty." said the biggest pressure on Pak- Doval said. about three hours. Delhi court reserves IAF action against 6 officers Modi attacks Congress over Rafale controversy order on ED's application seeking in Mi-17 chopper crash AGENCY Haryana polls BALLABHGARH, OCT 14 permission to arrest PC NEW DELHI: A special court NEW DELHI, OCT 14 to which six IAF personnel were killed in Prime Minister Narendra Modi on Mon- during the Lok Sabha elections.
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