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
People born before the 1970s or 1980s have witnessed a changing gamut of “normal”. Earlier owning a land-line phone in a household was a luxury. This later became “normal” for any household and now owning a smart 4G phone is the “new-normal”. While such transition is clear in the urban and sub-urban India rural areas... Read More
New Delhi Nov 8 (PTI) Propelled by China's growth and more recently joined by India Asia has achieved in a generation what has taken other regions much longer says a recent NCAER book. The latest NCAER (National Council of Applied Economic Research) book by Rajat Nag titled 'The 21st Century: Asia's?' further says that Asians... Read More
The Government of India (GoI) announced the withdrawal of legal tender notes of Rs 500 and Rs 1000 denominations on November 8 2016. As per the GoI notification dated November 8 2016 this was necessitated to tackle counterfeiting of Indian banknotes effectively nullify black money hoarded in cash and curb funding of terrorism with fake... Read More
As per official data released on 31 August 2017 the Indian economy grew at 5.6% in the first quarter of the current fiscal year – in congruence with forecasts of National Council of Applied Economic Research. Based on the quarterly and annual models of NCAER Bornali Bhandari discusses recent trends in key economic indicators and... Read More
Several issues must be sorted out first before the ambitious river linking plan is taken up The National Democratic Alliance government is all set to begin work on an estimated $87 billion plan to connect around 60 of India’s largest rivers; this includes the Ganga. Once complete it is expected to help end farmers’ dependence... Read More
The total foodgrain production in India has more than doubled from 108.42 million tonnes in 1970-71 to 252.22 million tonnes in 2015-16. More importantly India is now the largest producer in the world of a host of farm products be it jute or dairy or total pulses buffalo meat and chicken products. This is nothing... Read More
Sub-categorisation of OBCs provides an opening to ensure social justice works better Regardless of the political impulse that led the government to announce creation of a committee to look into sub-categorisation of Other Backward Classes (OBC) it provides an opening to ensure social justice in an efficient manner. The biggest challenge India faces is that... Read More
The National Council of Applied Economic Research (NCAER) has revised up its projections for the country's economic growth to 7.6 per cent for the current financial year compared with the earlier forecast of 7.3 per cent. Similarly growth in the country's gross value added was scaled up from 7 per cent to 7.3 per cent... Read More
NEW DELHI: Economic thinktank NCAER has revised up its projection for the country's economic growth to 7.6 per cent for the current fiscal compared with the earlier prediction of 7.3 per cent on forecast of normal monsoon. In its quarterly review of the economy NCAER said prospects for the agricultural sector in 201718 remain optimistic... Read More
TOKYO -- South Asia must accelerate regional economic integration and improve connectivity to truly become a cradle of growth according to experts at a panel discussion on Tuesday during the International Conference on The Future of Asia. Led by India's solid performance -- and supported by relatively young populations and low wages -- South Asia's... Read More