Macroeconomic Modelling of Emerging Scenarios for India's Twelfth Five Year Plan
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 emerging scenarios. The results indicate that GDP growth rate is expected to be around 8 per cent for the Twelfth Five Year Plan period under the "flotilla" scenario, 5–6 per cent under the "muddling along" scenario and below 5 per cent under the "falling apart" scenario. The study also found that poverty reduction is expected to be high under the first scenario and would be low under the other two scenarios.

Macroeconomic Modelling for the Eleventh Five Year Plan and Beyond
The objective of this project is to develop capacity for analysing issues on economic growth and welfare under a variety of policy choices in government spending in the provision of public goods and other measures that influence the course of the economy. The macro econometric model developed under the project has been used to provide simulation scenarios relating to impact of international oil prices, worsening global economic growth, a managed current account and fiscal balance and the impact of Middle East crisis on economic growth prospects of the Indian economy.

Preparing a Model Engineering and Procurement Construction Contract for the Dedicated Freight Corridors in India
NCAER will provide consultancy services for preparing Model Engineering Procurement Construction (EPC) contracts for Dedicated Freight Corridors . The objectives are to moderate and balance the complexities of the present Planning Commission document on the Engineering and Procurement Contract (EPC). In the present document there is a lack of coordination with respect to the areas related to (1) civil works, (2) electrical/mechanical portion and (3) signalling. The basic purpose of this study will be to combine all these areas into a unified model to expedite the work for the dedicated freight corridors in India

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