Latest news with #TelanganaRisingVisionBoard
Hans India
18-05-2025
- Business
- Hans India
Nobel laureate boost for Telangana Rising Board
Hyderabad: Nobel laureate Prof Abhijit Banerjee will come on board the TelanganaRising Vision Board that has been constituted by the state government as its advisor. Prof Banerjee, who shared the 2019 Nobel Prize in Economics with two others, called on Chief Minister A Revanth Reddy here on Saturday and discussed several innovative ideas pertaining to urban development, economic growth, augmenting public revenues, fiscal discipline, large-scale skilling and creation of jobs. The Indian American economist, who is currently a Professor of Economics at Massachusetts Institute of Technology (MIT), has accepted the Chief Minister's invitation to join as an advisor of the TelanganaRising Vision Board. While discussing mass scale jobs creation, Banerjee spoke of the need to create unique short-term courses in traditional skills with the prevalent designs and appeal and marketing. He also underlined the need for the use of social media to help traditional artisans turn into modern entrepreneurs. He urged the Chief Minister to include crafts, arts and creativity as an integral part of Future City. During the discussions, the Nobel laureate expressed great appreciation for Reddy's pioneering efforts in the recruitment of transgenders in police and municipal departments, envisioning the capital city's core urban area within the (Outer Ring Road) as a pure-services zone, and creation of skills and a sports university.
Time of India
18-05-2025
- Business
- Time of India
Nobel laureate Abhijit Banerjee joins Telangana Vision Board
Hyderabad: Nobel laureate Professor Abhijit Banerjee has joined the TelanganaRising Vision Board as an advisor, offering his expertise to shape the state's long-term development agenda. During his meeting with chief minister A Revanth Reddy on Saturday at the Integrated Command and Control Centre, Prof Banerjee shared his vision on inclusive economic growth , job creation, urban innovation, and skilling—core components of Telangana's future roadmap. In a wide-ranging dialogue, the two leaders discussed transformative ideas for boosting public revenue, empowering traditional artisans through modern tools, and positioning Hyderabad as a global services and innovation hub. Prof Banerjee, currently the Ford Foundation international professor of economics at the Massachusetts Institute of Technology ( MIT ), is a globally renowned economist and co-founder of the Abdul Latif Jameel Poverty Action Lab (J-PAL), an MIT-based research centre dedicated to reducing global poverty through scientific evidence and policy impact. In 2019, he was awarded the Nobel prize in economic sciences along with his wife Esther Duflo and Michael Kremer for their experimental approach to alleviating poverty. Promoting traditional skills During the discussion, Prof Banerjee emphasised the importance of creating short-term, skill-based programmes that combine traditional knowledge with contemporary design sensibilities, digital marketing, and social media outreach. He also suggested that Telangana should integrate arts, crafts, and cultural creativity into the planning of the Bharat Future City, giving it a distinctive identity rooted in both innovation and heritage. According to the chief minister's office, Prof Banerjee appreciated the state govt's inclusive policies, notably the recruitment of transgender individuals into the traffic police and municipal workforce—a first-of-its-kind initiative in the country. He also welcomed the CM's vision for reimagining Hyderabad's core urban zone within the Outer Ring Road as a services-driven economic corridor, supported by dedicated skills and sports universities that would build capacity for a future-ready workforce. The CM, on the other hand, detailed the Congress govt's focused efforts to empower women's self-help groups, farmers, and the youth through a combination of welfare, credit, and enterprise support. The CM underscored the govt's goal of inclusive economic expansion, where social equity and global ambition go hand in hand—a vision Prof Banerjee is expected to contribute to through his advisory role on the Vision Board.
