This 14th India Policy Forum 2017–18 Volume comprises papers and highlights of the discussions at the two-day conference in New Delhi on July 11-12, 2017. The IPF is NCAER’s annual economic policy research conference that brings together academics, policymakers, industry representatives, media, and researchers for discussions on key issues of Indian economic policy. The IPF... Read More
The Office of the Central Registrar of Cooperative Societies (CRCS) assigned a study to the National Council of Applied Economic Research (NCAER) to analyse and come up with recommendations for broad-basing the organisational set-up of the office of the CRCS and suggest measures to ensure efficient compliance of provisions of the Multi-State Cooperative Societies (MSCS)... Read More
In India, quarterly growth of Gross Value Added (GVA) is published with a large lag and nowcasts are exacerbated by data challenges typically faced by emerging market economies, such as big data revisions, mixed frequencies data publication, small sample size, non-synchronous nature of data releases, and data releases with varying lags. This paper presents a... Read More
In response to recent concerns expressed by Indian industry about the 'employability' of school and university graduates, this paper examines the role of pedagogy in developing life skills (or 21st century skills) and how these can be incorporated in the school/university curriculum. In recent curricular frameworks, life skills have been incorporated within the school curriculum... Read More
This paper contributes to the debate on the relationship between public and private investment in India along the following dimensions. First, acknowledging major structural changes that the Indian economy has undergone in the past three decades, we study whether public investment in recent years has become more or less complementary to private investment in comparison... Read More
This NCAER study examines the issue of credit penetration, its impact on the performance of agro-processing cooperatives, and the role of the National Cooperative Development Cooperation (NCDC) in facilitating cooperative activities through its financial and logistical support. The bulk of the subsidy in agriculture in India goes to farmers for pre-harvest operations and hardly there... Read More
We investigate the predictive power of Divisia monetary aggregates in explaining exchange rate variations for India, Israel, Poland, UK and the US, in the years leading up to and following the 2007-08 recessions. One valid concern for the chosen sample period is that the interest rate has been stuck at or near the zero lower... Read More
Lucas (1990) argues that the neoclassical adjustment process fails to explain the relative paucity of FDI inflows from rich to poor countries. In this paper we consider a natural experiment: using China as the treated country and India as the control, we show that the dynamics of the relative FDI flows subsequent to the implementation... Read More
This report focuses on assessing the performance of the Digital India-Land Records Modernisation Programme (DI-LRMP) scheme in the state of Himachal Pradesh, and the achievement exhibited by the state in computerising and modernising land records. It is part of a study in which pilot impact assessments were carried out by NCAER in Himachal Pradesh, NIPFP... Read More
This report focuses on assessing the performance of the Digital India-Land Records Modernisation Programme (DI-LRMP) scheme in the state of Himachal Pradesh, and the achievement exhibited by the state in computerising and modernising land records. It is part of a study in which pilot impact assessments were carried out by NCAER in Himachal Pradesh, NIPFP... Read More