National Council of Applied Economic Research
Opinion: Udaibir Das. Constitutional independence alone is not enough. It must be bolstered with strong public accountability and transparency. Emerging market regulators face significant challenges in maintaining their credibility when domestic and external entities level allegations against them. The Hindenburg Report's accusations against the Adani Group and India's Securities and Exchange Board (SEBI) have thrust... Read More
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
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
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
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
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
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
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
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
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
“NCAER forecasts 2016-17 GDP growth at 7.6 percent” NCAER’s 2016-17 Mid-Year Review of the Indian Economy The National Council of Applied Economic Research released its 2016-17 Mid-Year Review of the Indian Economy (MYR). The MYR presents the most comprehensive independent assessment of the Indian economy as the Indian Government and its Ministry of Finance begin... Read More