NCAER in the News

Opinion: Jyoti Thakur. While global unemployment dips, South Asia grapples with declining labour force participation and widening job gap that put a generation at risk. The world has encountered a series of extraordinary events in the last five years that transformed everyday life and economic activity. The COVID-19 pandemic was such an event that brought...   Read More

Highlights

  • Beyond the statistical soundbites: why data matter

    Opinion: Sonalde Desai:   While collecting official statistics will always be a purview of state institutions, they must be governed by independent governing bodies that can ensure scientific integrity and broad oversight. We seem fascinated with statistical soundbites, vacillating between the bizarre and the expedient. In October 2021, major newspapers featured stories that claimed that over...   Read More

  • How inflation targeting framework has worked well for India

    Opinion: Poonam Gupta: In India, the inflation target (for CPI headline inflation) was set at 4%, with an upper tolerance limit of 6% and a lower limit of 2%. GoI constituted a six-member Monetary Policy Committee (MPC), including three ex-officio members from RBI with the RBI governor as its chairperson, the deputy governor in charge of...   Read More

  • Formal work, informal worker

    Opinion: Bornali Bhandari Gautam Kumar Das Samarth Gupta Ajaya K Sahu & KS Urs  In the platform economy workers function in a formalised realm but without benefits of tenure or welfare One of the research questions that the NITI Aayog report ‘India’s Booming Gig and Platform Economy: Perspectives and Recommendations on the Future of Work’ poses...   Read More

  • How to sustain 7% growth for India

    Opinion: Poonam Gupta and Barry Eichengreen: India’s annual GDP growth 7% plus is the continuation of an ongoing acceleration. The question is whether this can last. One country stands out from the gloomy overall tone of the International Monetary Fund’s (IMF) recent update of its World Economic Outlook. Against the backdrop of tepid 3.2% global growth...   Read More

  • How India can Sustain Rapid Economic Growth

    Opinion: Poonam Gupta and Barry Eichengreen Given its favorable demography democratic polity and large and diversified economy India can in principle grow at 7% or higher for years to come. But the only route to such growth that remains open runs through structural reforms that the government has taken off the table. One country stands out...   Read More

  • Who is vocational education training for? Data shows over 84% Indian didn’t get any

    Opinion:Palash Baruah and  D. L. Wankhar  Periodic Labour Force Survey data shows the situation is worse for women. And those who got the training, almost half of them accounted for self-learning or ‘learning on the job’ Vocational and technical training has been the central pillar of Prime Minister Narendra Modi’s ambitious skill building mission since...   Read More

  • FIX FROM GROUND UP
    FIX FROM GROUND UP 01 Aug 2022

    Opinion: Poonam Munjal & Nijara Deka  Prepare business strategies for districts and leverage existing government schemes to make India a global economic powerhouse In the face of the COVId-19 pandemic and the rise in food and fuel prices it may appear difficult for the country to reach its US $5-trillion economy target by 2025. But...   Read More

  • IMF’s latest news may not be bad news for India if it plays its cards right

    Opinion: Poonam Gupta As far as countercyclical policy support is concerned it is important to adhere to macroeconomic prudence and to recreate adequate policy buffers. There are certain policy actions India could pursue. In the latest World Economic Outlook (WEO) released on Tuesday the International Monetary Fund (IMF) has lowered the projected growth rate for...   Read More

  • How India is choking indoors

    Opinion: Debasis Barik Indoor air pollution is as much a health hazard as outdoor pollution and women bear the brunt of it. Use of clean cooking fuel must increase. The mistaken belief that pollution-related illnesses can be controlled mainly by controlling outdoor air pollution has led us to ignore the serious challenges posed by indoor...   Read More