Nobel Laureate lauds Andhra Pradesh

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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.

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