National Council of Applied Economic Research
Opinion: Udaibir Das. From risk management to catalysts for growth. Following the Asian and 2008 financial crises, financial stability became the bedrock on which modern market-based financial systems were designed to withstand shocks. This shaped how central banks globally managed systemic risks, with many, especially in advanced economies like the Bank of England and Sveriges... Read More
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
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
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
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
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
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
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
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
Opinion: Bornali Bhandari and Poonam Munjal While Government schemes may help map current strengths all districts need to have a vision for the future and plan for it in a holistic and integrated fashion. The Aspirational Districts Programme is doing a commendable job of pulling backward districts away from a low equilibrium state to a high... Read More
