National Council of Applied Economic Research
Indian states are divergent in terms of pursuing their own economic policies linked to education, employability and employment. States significantly differ in terms of resource endowments, especially on endowments related to skill. This is reflected in the unequal distribution of educational capabilities, employability and skill intensity in workforce, employment and other key indicators. In effect,... Read More
The Economic Surveys (2014–15 and 2015–16) have, over the years, stressed on the need to create jobs to meet the needs of a burgeoning population. However, the question as to which sector has the most potential to create jobs and at what level have often been left unanswered. The objective of this paper is to... Read More
Over the last two decades, less than half of the Indians who sought jobs actually got them, with many more millions set to enter the job market over the next two decades. Despite extensive unemployment and under-employment, however, there is a growing shortage of skilled workers. One of the ways to address this skills shortage... Read More
Demographic transition, economic uncertainty and technological changes have come together to create a concoction in India that has the potential to boil over economically and socially, if not skilfully managed. One path that could steady the future of India is to both create jobs that will absorb the burgeoning population and make the population work... Read More
The objective in this paper is to define the full range of employability skills from Pre-Kindergarten to Higher Education and integrate it to the ground-level realities in the Indian context. It clearly identified that there are four types of skills –cognitive, socio-emotional, physical or psychomotor and job-specific skills. Every job role requires a different permutation... Read More
Do agglomeration-based spillovers impact firms more than the technical know-how obtained through inter-firm collaboration? Quantifying the effect of these treatments on firm performance can be valuable for policy-makers as well as managers/entrepreneurs. I observe the universe of Indian MSMEs inside an industrial cluster but with no collaboration (Treatment Group 1), those in collaboration with other... Read More
Budget subsidies have been defined as the unrecovered cost of economic and social services. The incidence of these implicit and explicit budget subsidies provided by the central and state governments has declined from about 12.9 % of GDP in 1987-88 to 10.3 % at present. The bulk of these subsidies is provided by the states... Read More
he five-year period 2012-13 to 2016-17 witnessed a decline in Indian merchandise exports at an average rate of 4.5 percent per annum. The Ministry of Commerce and Industry initiated a discussion in August 2018 on designing a strategy for doubling India’s exports by 2025. This growth from US$ 504 billion exports of goods and services... Read More
In comparison to the rest of India, Rajasthan continues to suffer from disturbingly low female literacy rate, poor enrolment and retention rates of girls in schools mostly the in rural areas, but also in the small urban towns. This research informs the design of a cash transfer policy intended to improve enrolment levels of 13-15-year-old... Read More
To understand the interactions between real and financial aspects of an economy, this paper investigates cyclical relationship between credit and growth cycles in India and US over the period 1994-2013 in the frequency domain. Originality of our contribution is in the use of Multitaper method of spectrum estimation which has the advantage of giving reliable... Read More
