NCAER in the News

Opinion: C S Mohapatra. Enhanced financial inclusion and financial literacy are crucial in empowering individuals to navigate financial systems, access credit, and leverage digital platforms effectively. Financial inclusion in India has traditionally been equated with the expansion of banking networks and the proliferation of bank accounts among the underserved. However, complete and effective financial inclusion...   Read More

Highlights

  • Deciphering barriers, leveraging opportunities

    Opinion: Jyoti Thakur and Poonam Munjal. In India, women still face numerous hurdles to access employment and, once employed, to access decision-making positions. Claudia Goldin’s winning the 2023 Nobel Prize in the Economic Sciences, with her comprehensive account of women’s earnings and their underrepresentation in the global labour market, has aroused renewed interest among the...   Read More

  • Making GDP Estimates More Agile

    Opinion: Poonam Gupta. Each sequential release of GDP estimates by MoSPI (Ministry of Statistics and Programme Implementation) generates considerable excitement. Yet, perhaps many of us are unaware that each year’s estimates are revised six times over a stretch of three years before they are finalized. For example, the first estimate of growth for the current...   Read More

  • The debate over India’s logistics costs

    Opinion: Poonam Munjal and Sanjib Pohit. The number recently put forth by a government-constituted task force represents, at best, an interim assessment till the final report is out. The National Council of Applied Economic Research (NCAER) released a report on “Logistics Cost in India Assessment and Long-term Framework” on December 14, 2023. The report is...   Read More

  • Unlocking India’s Potential with AI

    Opinion: Nandan Nilekani and Tanuj Bhojwani. India is on the brink of a transformation that could change its economic and social future. Before the end of this decade, more Indians will use AI every day than in any other country in the world. What’s more, people in advanced economies will be surprised by the ways...   Read More

  • Evaluating the Indian economy’s resilience

    Opinion: Poonam Gupta. A growth trajectory of 6.5 to 7.5 %, centred around 7 %, is reasonable in the coming years, barring the eventuality of simultaneous external shocks. In view of its robust growth of 7.7 per cent during the first half of the current fiscal year, the Reserve Bank of India (RBI) has upgraded...   Read More

  • Designing social welfare systems for gig workers

    Opinion: Bornali Bhandari and Ajaya K Sahu. Social cover. Instead of a region or income specific policy, a more universal approach would serve workers better. While the demand for social security for platform workers heats up, the question that crops up is can one design an exclusive social security system for platform workers? And even...   Read More

  • Why mandatory period leave may not work

    Opinion: Ravi Gupta. If menstrual leave is made compulsory, it would further discourage employers from hiring female employees, causing women’s participation in work to shrink further. While the impact of the menstrual cycle varies for every female, the discomfort it brings may heavily affect their efficiency as workers. If a female employee already going through...   Read More

  • Aerocities: Upcoming Havens of Socio-Economic Development

    Opinion: Mukta Kaushik. In India Delhi’s Indira Gandhi International Airport can boast about being the first airport that has a “well planned, safe, smart and sustainable commercial district” adjacent to it that promotes work, play, world class cuisine, and entertainment to the travelers and socio-economic development to the airport community. While going to and from...   Read More

  • The key to a sovereign’s resilience

    Opinion: Udaibir Das. Aligning assets with liabilities management can ‘optimise resource allocation and achieve long-term economic goals’ As economic data show increasing fragmentation, investment strategies face unprecedented challenges. The OMFIF Global Public Pensions 2023 report examines how global public pensions and sovereign funds are coping with the weakest global growth prospects in decades. While the report reveals...   Read More

  • Climate change: Are we close to collective action?

    Opinion: Isha Dayal and Sanjib Pohit. Global action. A body, akin to WTO, which can enforce rules to govern multilateral action on climate change is the need of the hour. Ahead of the first global stock take on climate action, due to take place at COP28 in Dubai, a new report released by the United...   Read More