Friday, 19 November 2021

 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021

one half to

David Card
University of California, Berkeley, USA

“for his empirical contributions to labour economics”


and the other half jointly to

Joshua D. Angrist
Massachusetts Institute of Technology, Cambridge, USA



Guido W. Imbens
Stanford University, USA

“for their methodological contributions to the analysis of causal relationships”

Farm Laws

The Indian Agriculture Acts of 2020, often referred to as the Farm Acts were three acts* initiated by the Parliament of India in September 2020. 

*Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020; Essential Commodities (Amendment) Act, 2020; and Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act, 2020. 

After having been approved by the Lok Sabha and the Rajya Sabha, the President of India gave his assent to the bills on 27 September 2020. 

Today, 19 November 2021, Prime Minister Modi announced the withdrawal of farm laws. The constitutional procedures around the same will begin during the upcoming Parliament session which will begin from November 29.

Political expediency or understanding of farmer's concerns?

  Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021 one half to David Card University of California, Berkeley, USA...