Days before Nobel, Abhijit Banerjee advice to Govt: Cut red tape

He advised the government to strengthen institutions, removing interference by the Prime Minister's Office (PMO) and withdraw cases “that look obviously politically motivated”.

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Abhijit Banerjee speaks during a news conference at Massachusetts Institute of Technology in Cambridge. (AP Photo/Michael Dwyer)

Days before he was awarded the Nobel, Abhijit Banerjee blamed “recentralisation” as among the reasons compounding India’s economic slowdown. Suggesting a slew of measures, including raising MNREGA wages, he advised the government to strengthen institutions, removing interference by the Prime Minister’s Office (PMO) and withdraw cases “that look obviously politically motivated”.