Indian-American Abhijit Banerjee and his wife Esther Duflo who won this year’s Economics Nobel have their work making an impact in Gujarat. They helped set up the Abdul Latif Jameel Poverty Action Lab (J-PAL) in 2003 at the Massachusetts Institute of Technology (MIT) and J-PAL is one of the primary agencies working on a novel Emission Trading Scheme (ETS) — first of its kind in the world — launched a month ago in Surat.

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