The International Financial Services Centres Authority (IFSCA) was established, as the financial regulator of the IFSCs. Within a short duration, IFSCA has undertaken a gamut of measures, including laying down a comprehensive regulatory framework for various financial services, with a focussed mandate of how to make GIFT IFSC a thriving financial hub. Becoming an offshore...   Read More

The objective of this project is to analyze three alternative growth scenarios for the Twelfth Five Year Plan (2012–13 to 2016–17). These three scenarios present the expected GDP growth rates of the Indian economy under various policy actions and institutional and regulatory frameworks. The updated macro econometric model developed at NCAER was used to provide...   Read More

A periodic evaluation of the performance of Statutory Regulatory Authorities (SRAs) is necessary to ascertain the quality of their governance arrangements, and the processes and procedures they use in the execution of statutory functions. Primarily, such evaluations allow the regulator to improve institutional capabilities and showcase their efforts in building professional competence and an enabling...   Read More

An Integrated Modelling Approach for Assessing the Macroeconomic Costs and Benefits of Low Carbon Pathways Incorporating specific strategies for achieving defined carbon emission reduction goals in the economic development agenda is crucial for India, given its development imperatives and consequences of its choice to the world. Choice of specific strategies in this context will have...   Read More

Impact of Taxation on Auto Sales The objective of the study is to estimate the impact of tax rates on automobile sales and tax revenue. This study will include the following: (i) estimation of price and tax elasticity of demand for auto industry including passenger vehicles, two-wheelers, three-wheelers and commercial vehicles; (ii) study of taxation...   Read More

The programme seeks to research and highlight the socio-economic impact of platform work and platform companies in India. Depending on the sector, the platform economy model works differently. The current work program will focus on holistically studying the food delivery platform sector. The programme is split into 3 parts. In Part 1 : We will...   Read More

On November 3, 2021, the Federal Open Market Committee announced that it would reduce the scale of its asset purchases by $15 billion a month starting immediately. Do emerging markets, such as India, need to prepare for a replay of the taper tantrum of 2013? We show that emerging markets, including India, have strengthened their...   Read More

NCAER will prepare a white paper that will focus on recommendations for creating an industrial and trade Policy to make India a powerhouse in the farm machinery sector. The overall objective of this paper is to recommend policymakers, key strategic actions to be taken to foster the growth of the Farm Machinery Industry (other than...   Read More

The present proposal is intended to study the contribution of the automobile sector to the overall quantity and quality of Indian employment in the auto industry. This study is being sponsored by Society of Indian Automobile Manufacturers. The specific objectives of the project are to estimate contribution of both direct employment in the manufacturing sector...   Read More

NCAER India Land Portal is a repository of all the databases related to Land Records and Services Index that has been developed under N-LPI (NCAER’s Land Policy Initiative). In addition to the results of N-LRSI: its components, sample and methodology, the portal also provides land-related information available from various other sources. The N-LRSI has been...   Read More

Financial inclusion, or empowerment of all citizens with access to financial resources through formal financial institutions and systems, has been advocated by many as an effective vehicle for economic development and poverty alleviation. Microfinance has emerged as a major instrument of meeting the needs of lower income households by linking them to the financial resources...   Read More

The Central Board of Direct Tax’s ‘Faceless E-assessment of Tax Returns’ (now referred to as the Faceless Assessment Scheme (FAS) was notified on 12th September 2019 to facilitate a simple, transparent, efficient and accountable way of carrying out and concluding income tax assessment proceedings. The scheme is implemented by CBDT in the Department of Revenue,...   Read More

NCAER has launched two editions of supply side NCAER Land Records Services Index in 2020 and 2021. While expanding and improving quality of land records reflects the efforts on the supply side of these services, how are they perceived and used by the users? To address this question, it was felt that a demand side...   Read More

An important concern regarding the devolution of funds to Panchayati Raj Institutions by the Centre and State is whether they have sufficient administrative and technical capacity, as it has been found lacking in many cases. As an outcome of this, the Rashtriya Gram Swaraj Abhiyan (RGSA) scheme was launched in 2018 by the Government of...   Read More

The Government of India’s Department of Promotion of Industry and Internal Trade (DPIIT, originally known as the Department of Industrial Policy and Promotion, or DIPP) set a goal in early 2018 of making India a US$ 5 trillion economy by 2025. It was proposed to prepare strategic plans for the districts centred around their local...   Read More

This study sponsored by Ministry of Tourism focussed on the following objectives: Quantify the sector-wise (or industry-wise) direct and indirect impact of tourism activities on overall economy, as a whole and especially on household income, which may be further disaggregated into different types of households like formal and informal. Quantify the sector-wise and overall loss...   Read More

In order to improve the financial base of the Local Bodies including Panchayati Raj Institutions, Central and State Finance Commissions have been providing many recommendations towards augmentation of the Own Source of Revenues of the panchayats to complement the grants provided to them by the Central and State Governments. Despite this, it is observed that...   Read More

Land policy in India has suffered from several deficits. Relative to its size, India suffers from a paucity of economic research, policy analysis, and systematic data on land, leading to well-meaning but poorly designed and implemented government programs. Land policy is defined constitutionally as the prerogative of India’s States and the focus of data and...   Read More

The main objectives of the NCAER study were (i) to Identify and measure indicators demonstrating the impact of dairy involvement in socio-economic development, family welfare, and income generation;(ii) assess the social impact of the project in terms of provision of livelihoods, especially for vulnerable groups, and empowerment of women; (iii) Carry out an ex-post economic...   Read More

The study is focused on ascertaining profitability in the industry, which in turn would examine the prospects of new investments and growth of the sector over the medium to long term. Major objectives of the study are (i)examine the degree of competitiveness of the cement sector in India, using appropriate measures of industrial concentration over...   Read More

This NCAER study aims at providing an economic assessment of the proposed investment in refinery infrastructure, in terms of the multiplier effect on output, income, labour inputs, and tax contribution. The economic impact analysis tracks: (i) the revenues generated by a business or economic activity and their disbursal as they flow through the economy at...   Read More

The broad objective of the project is to estimate overall tax burden and elasticity of alcohol products for the last 10 years in 7 selected states (Delhi, MP, Sikkim, Maharashtra, Bihar, Karnataka, Himachal Pradesh) of India. To attain this goal, the research study involves undertaking the specific tasks: Reviewing of the state wise price mechanisms...   Read More

A socio-economic impact evaluation study was carried out by NCAER during January-June, 2019 to document the impact attributed to CAIM interventions on (i) Reduction of household poverty, (ii) Sustainable increase in household incomes, and (iii) Increased household resilience to climate and market risks.

Tourism Satellite Account (TSA) is the most comprehensive way to measure the economic importance of tourism in national as well as sub-national economies. It is based on the recommended framework laid down by the United Nations World Tourism Organisation (UNWTO) in their publication “Tourism Satellite Account: Recommended Methodological Framework 2008 (TSA: RMF 2008)”. Under the UNWTO framework,...   Read More

Before making any policy intervention, it is important to estimate the overall logistics costs, including the various associated components/elements in order to understand and identify the problem areas and arrive at meaningful solutions. This NCAER report symbolises a major step in the direction of quantification of logistics costs. Such an exercise, in fact, needs to...   Read More