Opinion: Ajaya K Sahu and Bornali Bhandari. As India increasingly urbanises, it has become important to measure its economic parameters, not only at the aggregate level but also at the disaggregated level. The literature review suggests that there are differences across city tiers. However, we find that the current statistics simply do not capture the... Read More
With the GDP growth rate falling to 5% in the Q1 of 2019-20 and forecasts suggesting a further fall in the Q2 of 2019-20 there is an urgent need to look at all the demand drivers of economic growth because that is what is driving the current slowdown in the short run. One of the... Read More
According to the 2011 census 7.4 million people in the country were married before the age of 18 years 88 per cent of whom were girls. UP Andhra Pradesh West Bengal Rajasthan Bihar Maharashtra and Madhya Pradesh together amounted to 70 per cent of child marriages in India We celebrated the fifth anniversary of the... Read More
India’s economy had grown at 6.8 per cent during the last fiscal but quarterly GDP growth has been on a steady slide for six straight quarters from 8.1 per cent in Q4FY18 to 5 per cent in Q1FY20 NEW DELHI: Joining the steady stream of agencies slashing India’s growth forecasts Delhi-based think tank National Council of... Read More
The National Council of Applied Economic Research (NCAER) has pegged India’s gross domestic product (GDP) growth for 2019-20 at 4.9 per cent the lowest among the recent forecasts by rating agencies multilateral institutions research firms and government institutions. “India is experiencing a decline in growth which is sharper than the global slowdown. The sharp decline... Read More
The survey by think tank NCAER showed that the Business Confidence Index fell 15.3% from the preceding quarter The numbers suggest a deep and all-pervasive worsening of business sentiments NCAER said in a statement New Delhi: Business confidence of India Inc declined to its lowest in six years in August-October according to the latest survey... Read More
Focussing on short-term revenue maximisation can hurt long-term welfare. Auctions must be redesigned to meet a wider set of goals. Since the last decade the auction of key public goods has emerged as yet another important tool in India for resource mobilisation. As a result the auction mechanisms are increasingly being designed to maximise revenue.... Read More
Business confidence across the industry declined in the September quarter over the previous three months due to an all-pervasive worsening of business sentiment said a survey by economic think tank NCAER on Monday. NCAER's Business Confidence Index (BCI) an indicator of business sentiment across Indian industry stood at 103.1 in the second quarter of 2019-20... Read More
We need a timebound mechanism to transition to a clearer land titling system The Indian macroeconomic slowdown is perceived as being structural in nature. One of the key suggestions being made is that India needs to carry out factor market reforms including those of land markets. In this article we make a specific policy recommendation... Read More
The national discourse can ill-afford the danger of being hijacked by the poor quality of data. Last week demographers from around the world gathered in Delhi to mark 25 years of National Family Health Surveys (NFHS). It was both a celebratory and sombre moment. Policymakers and researchers celebrated tremendous achievements of four rounds of the... Read More
Breaking away from the age-old tradition of immersing idols in rivers such as Yamuna this year set a new trend in Delhi. Following the directive of the National Green Tribunal-appointed committee idol immersion in the Yamuna this Dussehra was largely avoided albeit reluctantly by the ritual loving public. Instead the idols were immersed in artificially... Read More