National Council of Applied Economic Research
Opinion: Poonam Gupta. In September this year, India will complete 8 years since it implemented Inflation Targeting (IT). Consistent with the experience of other countries, in India too, IT has been credited with improved outcomes: gentler and less volatile headline inflation; anchored inflationary expectations; improved communication and transparency; enhanced transmission of monetary policy; greater independence... Read More
Revoking MFN and imposing punitive duties on Pakistan would hit the Kashmiri traders hard Following terrorist attack on CRPF convoy in Kashmir Indian government has taken several steps to isolate Pakistan in international forum. Hitting Pakistan economically is of course a reasonable approach. On this front India has taken two steps: (b) abolish MFN status... Read More
What’s the use of India’s track record of holding regular polls if voting rights of half its population mostly women are compromised at the altar of an inefficient registration system? The over-riding discussion during this electoral season in India is obviously focussed on who will occupy 7 Lok Kalyan Marg in the capital and the... Read More
Forget the streets women are not even safe at home. Gender violence indoors is akin to an elephant in the room. Still we lack a uniform redressal mechanism Recently the streets of Delhi witnessed an intriguing sight — hundreds of women marched on the roads brandishing huge replicas of belans (rolling pins) to protest against... Read More
There needs to be robust infrastructure for official statistics so that governments do not suppress inconvenient truths. Over the past two weeks headlines have focussed on declining employment between 2011-12 and 2016-17; loss of jobs under the National Democratic Alliance government particularly post-demonetisation; and the government’s refusal to release a report using the Periodic Labour... Read More
Even as the Government is hastily drafting the quota Bill for the EWS section like most predecessors it has orphaned the Women’s Reservation Bill The recent Bill reserving 10 per cent quota for the economically weaker sections (EWS) among the upper castes has been intensively debated over its utility propriety and Constitutionality but discussions have... Read More
In a market economy like India a strong judiciary is required for quick settlement of disputes Since the 1991 economic reforms India has improved tremendously in almost all economic indicators and is now one of the fastest growing nations in the world. Various economic policies of the current government have enabled the economy to move... Read More
It may be difficult to imagine that the humble “anganwadi" the grassroots institution at the base of the Integrated Child Development Services scheme (ICDS) could have any role in addressing India’s formidable challenge of unemployment. However two recent studies Employment In India (Oxford University Press 2019) by Ajit Ghosh and the Annual Status Of Employment... Read More
Remember only the US Fed is raising the rates. The Europeans Japanese and the Chinese are not doing that. While there are several critics of the farm debt waiver it has found a supporter in Martin Wolf chief economics commentator at the Financial Times. In India to deliver the C D Deshmukh Memorial Lecture organised... Read More
The past four-and-a-half years of the Modi govt have been more of continuity than a break from the past says Wolf New Delhi: The government that comes to power after the general elections due in April-May may not be able to carry out radical reforms like the present one even if Prime Minister Narendra Modi... Read More
The NCAER-India International Centre Mid-Year Review 2019-20 had pointed out that miscellaneous inflation was the biggest contributor to overall retail inflation in the first half (H1) of 2019-20 (40.7%). Within miscellaneous items the health sub-category had the largest weight (25.1% and 16.3% in rural and urban areas respectively). Health inflation contributed 40.2% and 26.9% of... Read More
