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Indian economic growth
Indian economic growth has slowed, inflation is persistently high and both the fiscal deficit and current account deficit remain worryingly large. NCAER analyses all these issues, highlighting obstacles to growth and providing policy solutions.
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Anusha Avyukt

Anusha is Associate Fellow at NCAER.  Her recent PhD research focused on using frequency domain time series methods to understand business cycles in India  and their co-movement with credit in India and the US.  Anusha’s broader research interests include business cycles, financial markets and applied time series analysis in macroeconomics.  She is currently working on developing an Indian equivalent of the FAO’s COSIMO model to project the short and medium-term agricultural outlook for India.  She received her PhD in economics from the Indira Gandhi Institute of Development Research and a MA in mathematics from Delhi University.

 
Girish Bahal

Girish N Bahal is an Associate Fellow at NCAER. Girish’s principal interests are in Macroeconomics, Labour, and Development Economics. During his doctoral research on “Essays on the Macroeconomics of Social Transfers and Public Investment” at the University of Cambridge, Girish worked on quantifying transfer spending multipliers and on understanding the labour market effects of large employment guarantee schemes in India such as the Mahatma Gandhi Rural Employment Guarantee Act. Girish has worked with organisations like the Reserve Bank of India, Global Development Network, and the International Monetary Fund. His current research work is on migration, misallocation, and the identification of various distortions and imperfections in labour markets in India. Girish holds a PhD in Economics from the University of Cambridge and a BSc in Mathematics from the University of Delhi.

 
Saurabh Bandyopadhyay

Saurabh Bandyopadhyay is Associate Fellow at NCAER.  He has worked in the areas of industry, infrastructure, agriculture, and consumer demand, including in projects with important field survey components.  His recent research includes work on transport, including understanding freight demand for Indian Railways and an earlier study for the Railways on passenger demand, and on the aviation sector to estimate the economic and regional impacts of an international airline’s operations.   He is currently working as part of a team on developing a skills index for the states of India for a large research project on understanding the demand and supply factors for skilling in India, and is likely to begin work on a study of the medium and long-term competitiveness of the Indian Railways. Bandyopadhyay received his PhD in economics from Jawaharlal Nehru University and an MSc in economics from the University of Calcutta.

 
Kaushik Basu

Kaushik Basu is Senior Vice President and Chief Economist, World Bank. He is on leave from Cornell University where he is Professor of Economics and the C. Marks Professor of International Studies. From December 2009 to July 2012 he served as the Chief Economic Advisor (CEA) to the Government of India at the Ministry of Finance. Till 2009 he was Chairman of the Department of Economics and during 2006-9 he was Director of the Center for Analytic Economics at Cornell.

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Soumya Bhadury

Soumya Bhadury is an Associate Fellow at NCAER with primary research interest in Macroeconomics, International Economics and Time Series Econometrics. Soumya is interested in the areas of monetary transmission mechanism, monetary theory and policy and exchange rates. He is currently developing the monetary block of the NCAER’s original Macro-Econometric Model of the Indian economy. Soumya received his Ph.D. in economics from the University of Kansas, U.S.A. His dissertation focusses on the role of correctly measured monetary aggregates like ‘Divisia’ in exchange rate determination for the open economies.