Is Modiji listening to Abhijit Banerjee’s warning on economy: Kapil Sibal

Kapil Sibal

New Delhi, Oct 15: Senior Congress leader Kapil Sibal on Tuesday asked Narendra Modi to listen to the analysis given by Nobel Prize winner economist Abhijit Banerjee on the economic condition of India and advised the Prime Minister to start working on the economy rather than doing photo-ops.

Nobel Prize winner for Economics for his work in fighting global poverty, Abhijit Banerjee told CNBC-TV 18 that the “Indian economy is on a shaky ground” and “the government should do pilots of policy initiatives more carefully”.

“Is Modiji listening,” began Sibal’s tweet which then goes onto cite several of Banerjee’s comments on issues including the economic slowdown.

“Abhijit Banerjee :1) Indian economy on shaky ground,2) “ political interference “ in statistical data,3) Average urban and rural consumption gone down – hasn’t happened since the seventies ,4) We in (India) are in crisis.Attend to work,Less photo-ops,” Kapil Sibal said.

He even cited Banerjee’s stand on alleged “political interference” in India’s statistical data. Earlier this year, both Banerjee and Duflo were among 108 academics to criticise the political interference in statistical data, over the alleged revision of GDP numbers and withholding of employment data by NSSO.

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