March 29, 2022
2 mins read

Nobel Laureate lauds Andhra Pradesh

The government had also decided to disburse regular payments on a quarterly basis…reports Asian Lite News

Nobel Laureate Esther Duflo has hailed the measures taken by the Andhra Pradesh government for sustainable economic progress goals, especially those to eradicate poverty.

The French-American economist called on Chief Minister Y.S. Jagan Mohan Reddy at his official residence here on Monday.

During the meeting, the Chief Minister explained to her team the revolutionary measures taken by the government, implementation of various novel programmes and schemes in the areas of agriculture, education, health, housing, and women empowerment along with those being carried out for the betterment of the poor.

According to the Chief Minister’s Office, Duflo was all praise for the Chief Minister’s good governance. She noted that he undertook the iconic padayatra to know the problems of the people at the field level and understood them and thus rolled out various welfare schemes that benefit the poor.

She said that a majority of schemes are Direct Benefit Transfer (DBT) schemes, where the amount is credited directly to women’s accounts.

Later, Chief Secretary Dr Sameer Sharma gave a presentation with details of the activities taken up by the state government to achieve the targets of sustainable development goals.

Duflo was the recipient of the Nobel Prize in Economics in 2019 along with her husband, Abhijit Banerjee and Michael Creamer. She is Director and Co-founder of The Abdul Latif Jameel Poverty Action Lab (J-PAL) and also a professor at Massachusetts Institute of Technology (MIT).

Two weeks ago, the government ha disbursed Rs 708 crore to 10.82 lakh students as fee reimbursement under its flagship scheme Jagananna Vidya Deevena.

The amount was credited to the bank accounts of beneficiaries towards fee reimbursement for October – December 2021 quarter.

Jagan Mohan Reddy, who transferred the money, reiterated that poverty should not be a hindrance for pursuing higher education.

The government had also decided to disburse regular payments on a quarterly basis.

Education is the only solution to eradicate poverty. If a child in a village is educated, the entire village can benefit from it. Further, the government is ensuring to reduce college dropouts across the state. Debt settlement can make a huge difference to lead to successful completion of course/education,” he said.

Under the government’s flagship Jagananna Vidya Deevena, the total fee reimbursement would be directly transferred to the accounts of mothers of the students.

ALSO READ-Attenborough, WHO among nominees for Nobel Peace Prize

Previous Story

Blinken arrives in Morocco for visit

Next Story

Israel, Germany sign agreement on energy cooperation

Latest from India News

AUSTRAHIND 2025 Begins

AUSTRAHIND 2025 is aimed at enhancing military cooperation, improving interoperability and providing a platform for participating armies to exchange tactics…reports Asian Lite News In a major step forward for India-Australia defence ties,

Kirti Singh Leads India’s NAM Mission in Uganda

The participation reaffirms India’s commitment to the principles and values of the movement…reports Asian Lite News Minister of State for External Affairs Kirti Vardhan Singh will head India’s delegation to the 19th

Alive With Opportunity

UK-India relationship ‘Alive with Opportunity’ as HMS Richmond hosts business showcase. The event was attended by more than 400 leading figures representing government, businesses, investors, and cultural icons, celebrating the strengthening partnership

India Builds Bridges at G20

Union Minister Jitin Prasada attended the meeting and held bilateral talks with counterparts from member nations….reports Asian Lite News India held talks with several nations on strengthening trade and technology ties, focusing

India, Japan eye Central Asia

Initial projects could focus on logistics hubs, renewable energy ventures, and agro-processing plants that address the region’s immediate economic needs…report Asian Lite News Prime Minister Narendra Modi’s recent visit to Tokyo established
Go toTop

Don't Miss

Andhra Pradesh government dissolves Waqf Board 

The coalition government’s clarification came amid reports in a section

Jagan clears Adani green energy projects worth Rs 15,740 cr

The project will generate 10,000 jobs across four districts of