National Council of Applied Economic Research
Opinion: Poonam Gupta. In September this year, India will complete 8 years since it implemented Inflation Targeting (IT). Consistent with the experience of other countries, in India too, IT has been credited with improved outcomes: gentler and less volatile headline inflation; anchored inflationary expectations; improved communication and transparency; enhanced transmission of monetary policy; greater independence... Read More
As India took over the G20 Presidency from Indonesia, the Government of India constituted task forces to address well-defined global problems in order to support G20 policymakers, and to aid business and civil society organisations in complementing the G20 policy efforts. The NCAER Director General Dr Poonam Gupta was selected as the Chair of the... Read More
Opinion: Sonalde Desai: Population growth and the changing geographic and generational balance of power The United Nations estimates that the world population will reach 8 billion on November 15, 2022. Our minds had barely wrapped around a global population of 7 billion in 2011, and now, only 12 years later, we are looking at a... Read More
Opinion: Soumi Roy Chowdhury & Sanjib Pohit: Exposure to nanoparticles, arising from both natural and man-made processes, can cause cardio and pulmonary problems Another winter and the discourse invariably turns towards air pollution in Indian metros, with a focus on Delhi. Increasingly, we come across studies that estimate the number of Indians who would die... Read More
NCAER-NSE Business Expectations Survey for 2022–23: Q2 The Business Confidence Index is higher than it was a year ago but has softened sequentially New Delhi (Tuesday, October 26, 2022): The National Council of Applied Economic Research (NCAER), one of India’s premier economic policy research think tanks, carried out the 122nd Round of its Business Expectations... Read More
Opinion: Sonalde Desai: Global Hunger Index is riddled with inadequate and poorly described data and a lack of conceptual clarity. The problem with indices of this type is that it directs governmental attention to cross-national comparisons, sometimes resulting in the rejection of underlying issues and sidetracking the public discourse The world seems to have gone... Read More
Opinion: Sanjib Pohit: The oft-cited 14% of GDP is an overestimate, arrived at by a consulting £rm using a model built for developed countries. India’s logistics cost is estimated to be around 14 per cent of GDP — a figure that has all of a sudden become cast in stone. High logistics cost, without doubt,... Read More
Earlier this year, the United Nations published data to show that India would surpass China as the world’s most populous country by 2023. According to the 2018-19 Economic Survey, India’s demographic dividend will peak around 2041, when the share of the working age population is expected to hit 59%. In this context, does India need... Read More
Interview of Dr Mridul Saggar, IEPF Chair Professor at NCAER and former MPC member, with Latha Venkatesh, discussing September CPI inflation data, was aired on CNBC TV18 on Thursday, 13 October 2022. Watch the programme here. For the full discussion, watch the video Speaking to CNBC-TV18, Citi India's Samiran Chakraborty and former MPC member, Mridul Saggar... Read More
Opinion: Mridul Saggar: Open economy challenges may haunt policies ahead as spillovers intensify A common economic sophism is that fiscal policy can prop up growth even when monetary policy is assigned to bringing inflation under control. In the short run, lifting demand amid supply constraints will only fuel inflation and the twin deficits, with a... Read More
Opinion: Mridul Saggar: Amid high inflation and exchange rate pressures, rate hikes and tight liquidity are the best bet. The RBI has been broadly getting its act right amid difficult circumstances. In my assessment, it has traversed about three-fourths of the amplitude of the current rate hiking cycle, but the economy is stronger than before.... Read More
