" As indicated in last year’s Annual Report, 2006-07 was celebrated as NCAER’s Golden Jubilee. The special NCAER crest designed for the occasion has once again been used in this year’s Annual Report. The climax of the year’s celebrations was a day-long event on Sunday, December 17, 2006 at Vigyan Bhavan in New Delhi. The occasion was graced by the presence of the Hon. Prime Minister,Dr Manmohan Singh at the Inaugural Session of this function. "

"The Council continued to maintain a significant work programme in the area of international trade, particularly on India's bilateral and multilateral trade negotiations. We are indebted to the Ministry of Commerce for entrusting us with a number of academic studies in these areas. In addition, individual Council staff have participated as members of official teams to Japan, China and the Doha Development Round. India- China trade was the subject of a study of the implications of opening up trade with China at the Nathu-La Pass as also a study on a more comprehensive bilateral trade agreement. Our assistance to Ministry of Commerce in assessing the implications of agricultural trade policies has also continued. "

" Data collection to illuminate household behaviour remains a core activity of the Council. Our work with the McKinsey Global Institute (MGI), drawing upon NCAER’s own household income analysis as well as the consumption surveys of the NSSO culminated in a much-discussed McKinsey report on the Indian consumer (“The Bird of Gold”). "