Eradicating poverty is perhaps the highest priority of the Indian government and although statistics claim great success the truth is we still have hundreds of millions living in dire circumstances.
A recent examination of poverty suggests that we need to change the way we think of the problem and find new ways of tackling it. Abhijit Banerjee's and Esther Duflo's new book on stands, intrestingly titled, 'Poor Economics' provides an insight into the much talked about concern. In an interview with CNBC-TV18, Banerjee and Duflo share details about the approach, lessons and implications that need be followed by India to tackle with poverty. Also Read: India needs USD 50 bn for incremental green investment Below is the verbatim transcript of the interview with Karan Thapar of CNBC-TV18. Also watch the accompanying videos. Q: Your book Poor Economics begins by saying that to understand and then to tackle poverty we have to first resist the urge to reduce the poor to a set of clichDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
