Proud moment for us - Presidency Univ

The Presidency University said on Monday that it is a proud moment for the institute that Abhijit Banerjee, one of its alumni and mentor group members is a joint winner of the 2019 Nobel Prize for Economics.

Presidency University feels happy that two of its alumni members, both stalwarts in Economics - Amartya Sen and now Banerjee have been chosen for the Nobel in Economics, University registrar Debajyoti Konar said.

"The entire family of Presidency University feels immensely proud for Banerjee who has jointly won the 2019 Nobel Economics Prize along with Esther Duflo and Michael Kremer," he told PTI.

"He had been a member of our mentor group and has always offered us valuable suggestions for the economics department," Konar said.

Banerjee, he said, had visited Presidency in 2018. "Whenever he visits Kolkata he makes it a point to visit his alma mater with which he is still associated".

He will be felicitated in a befitting manner when the institute reopens after Durga Puja vacation, Konar added.

Banerjee, an Indian-American jointly won the 2019 Nobel Economics Prize along with two others - his wife Esther Duflo and Michael Kremer on Monday "for their experimental approach to alleviating global poverty."