Nobel for Indian ?

I just read in Rediff today that three Indian economists are in contention for Nobel prize in economics this year. They are J N Bhagwati, Avinash Dixit and
Partha Dasgupta. This is really heartening news. Let us wait with baited breath until October 13 when the winner will be officially announced. It will really be a shot in the arm for our country passing through inflationary crisis and boost our sagging morale.