But Abhijit Kukreja, an analyst with Auerbach Grayson, a New York City brokerage for institutional investors, disagrees.

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"The IPL is undoubtedly the most ground-breaking international sports development in living memory, " said Sahara spokesman Abhijit Sarkar.

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Even if employers do not resort to the tactics used by Caribbean sugar-plantation owners, Abhijit Banerjee of the Massachusetts Institute of Technology thinks the system would still have problems.

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Following him, Abhijit Banerjee, Professor of Economics at MIT, introduced a study that found that access to microcredit actually caused a reduction in consumption among those with entrepreneurial aspirations.

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The Abhijit Air Safety Foundation - formed in honour of fighter pilot Abhijit Gadgil who was killed in a crash three years ago - has been lobbying against the use of MiGs.

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Different is exactly the approach Esther Duflo and Abhijit Banerjee, economists and co-founders of the Abdul Latif Jameel Poverty Action Lab (J-PAL) at the Massachusetts Institute of Technology (MIT), take in Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty.

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