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The Indian Steel Industry: Key Reforms for a Brighter Future

With a nearly 2 per cent of share of GDP and 16 per cent of the industrial sector, a healthy steel sector is vital for the Indian economy. This NCAER study finds that though the steel industry in India does have considerable potential, it is currently constrained not just by the well-known...

Ramgopal Agarwala, Rajesh Chadha, Charu Jain, Jahnavi Prabhakar, Rohitash Chaudhary, S. Vijay Kumar
Sep 2015
Mahatma Gandhi National Rural Employment Guarantee Act: A Catalyst for Rural Transformation

Using unique data from the India Human Development Survey, a large, repeated, national household survey conducted by researchers from the NCAER and the University of Maryland before and after the implementation of MGNREGA, this report examines changes in the lives of rural households and in the...

Sonalde Desai, Prem S Vashishtha, Omkar Sharad Joshi
Aug 2015
Kerala Perspective Plan 2030

The Kerala Perspective Plan 2030 (KPP) prepared by NCAER for the Kerala State Board of Planning is a strategic path forward for Kerala to achieve economic and living standards equivalent to Nordic countries. KPP 2030 targets leapfrogging the high middle income threshold in the next 15 years and the...

Aradhna Aggarwal, Bornali Bhandari, Sohini Paul, Purna Chandra Parida, Devender Pratap
Jul 2015
Inflation Targeting for India?: The Implications of Limited Asset Market Participation

This paper analyzes whether liquidity constraints matter for optimal monetary policy choices in an open economy. Asset market participation is limited as some agents lack financial capacity and behave in a hand-to-mouth fashion. I evaluate consumer welfare using a micro-founded welfare criterion...

Tara Iyer
Jul 2015
A Dynamic Stochastic General Equilibrium Model for India

Over the last decade, the Dynamic Stochastic General Equilibrium (DSGE) framework has become a workhorse for macroeconomic analysis in both academic and policy circles. Following this emerging trend, we aim to expand our research capacity in macroeconomics at NCAER by introducing a baseline DSGE...

Shesadri Banerjee, Parantap Basu
May 2015
Mid-Year Review of the Indian Economy 2014-15

This economic outlook by NCAER, co published with India International Centre, New Delhi, analyses expected growth, inflation, balance of payments, fiscal balances, savings and investment trends, and covers the state of important sectors of the economy, including the financial and corporate sectors...

Bornali Bhandari, Mythili Bhusnurmath, Rajesh Chadha, Anil Kumar Sharma, Indira Iyer, Poonam Munjal, Anjali Tandon, Seema Sangita, Rupa Chanda
Apr 2015
The Environments of the Poor in South Asia

Poverty and environmental factors are interlinked and hold crucial importance for economic development. The poor depend so much on their natural resource base and primary production sources that the degradation of the environment has a disproportionately deleterious impact on their livelihoods. This...

Anushree Sinha, Armin Bauer, Paul Bullen
Mar 2015
Domestic Product at Current and Constant (2004-05) Prices in India: Issues in Estimation of Communication Sector

This paper examines the estimation procedure of domestic product for communication sector in India at constant prices.

Kanhaiya Singh, R P Katyal
Apr 2015
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