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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

Highlights

  • NCAER lowers GDP growth forecast to 6.9 pc for FY17

    After RBI and IMF economic think­tank National Council of Applied Economic Research (NCAER) has lowered the country's growth forecast to 6.9 per cent for the current fiscal on account of demonetisation. A few days before demonetisation was announced NCAER had projected a growth rate of 7.6 per cent for 2016-17. "The removal of the legal...   Read More

  • Now, economic think tank NCAER lowers GDP growth forecast to 6.9 per cent for FY17

    NEW DELHI: After RBI and IMF economic thinktank National Council of Applied Economic Research (NCAER) has lowered the country's growth forecast to 6.9 per cent for the current fiscal on account of demonetisation. A few days before demonetisation was announced NCAER had projected a growth rate of 7.6 per cent for 2016-17. "The removal of...   Read More

  • Is UBI the USP of this year’s Economic Survey?

    The idea of a Universal Basic Income has emerged in India’s Economic Survey 2016–17. Will UBI be the most significant economic outcome for the poor in recent times?    Does the recently released Economic Survey evoke the jingling sound of falling coins in your ears? On the face of it the flagship annual document of...   Read More

  • Drawing up a diet plan

    The welfare challenge lies in providing assistance to needy households to ensure adequate diets without creating conditions in which they opt for inferior diets that are too heavy on cereals With the Kerala government’s decision to implement the National Food Security Act (NFSA) from April the whole country will be covered by the legislation. However...   Read More

  • Vijay Kelkar says single GST rate easy to administer

    Former finance secretary Vijay Kelkar on Friday advocated a single rate for the Goods and Services Tax (GST) as that would it simpler to administer. The GST Council has already decided on the four-rate structure for the indirect tax regime besides a cess. Giving an example he said it was better to first build a...   Read More

  • Demonetisation in-principle was a good move: Former RBI Governor Bimal Jalan

    Former RBI Governor Bimal Jalan today said demonetisation in-principle was a good move to eliminate black money but in terms of consequences it did not work. Noting that there is a structural issue in policy making he said policy is made by politicians and executed by the administrative system and policy making should be flexible...   Read More

  • Assessing e-readiness of firms in India

    ICT adoption by firms in all regions could enhance effectiveness of programmes such as Digital India Bornali Bhandari & Ajaya K Sahu  The National Council of Applied Economic Research (NCAER) together with the Department of Electronics and Information Technology has assessed the e-readiness of states and Union Territories of India six times since 2003. This...   Read More

  • India’s currency swap sees economy take a hit, but most remain supportive of anti-graft objective

    Two months since India's two biggest banknotes were invalidated overnight to fight graft things are slowly returning to normal but at a cost to one of Asia's fastest­growing economies. In a central Delhi market two men in their 50s are fiddling with smartphones. Sudhir Sabharwal is buying a stapler from stallholder Rakesh Yadav but no...   Read More

  • India must focus on areas it has comparative advantage rather than fear rise of China

    Much of China’s economic success is due to the rapid growth in its exports. The share of China’s GDP in world GDP quintupled – from 3.62 per cent in 2000 to 14.80 per cent in 2015 – even as India’s share rose from just 1.43 per cent to 2.82 per cent during the same period....   Read More

  • The politics of perceptions

    Material change matters but perception too determines a feeling of deprivation. Prosperity good governance and a focus on fairness rather than electoral pandering often elicit greater political support Public discontent is like a chameleon. When we see it we know it must have been hiding in plain sight for a while; but until we spot...   Read More

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