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Opinion: Poonam Gupta The 2023-24 Union Budget focuses on domestic consumption as the main engine of growth, followed by public investment as the second, albeit smaller, growth engine. Significantly, it has not equally supported private investment or exports as accelerators of economic growth or generators of employment. The Government’s enthusiastic support to domestic demand is...   Read More

Highlights

  • The best is yet to come: PM at NCAER

    Prime Minister Manmohan Singh laid the foundation stone of the National Council for Applied Economic Research's New Centre here this morning. Urging the institution to maintain its high standards of economic research, the Prime Minister said, "The best is yet to come." “I sincerely hope that this institute will stay faithful to what its founding...   Read More

  • Clever governments can’t mislead if you study economics, says PM

    The purpose of studying economics is not to provide settled answers to unsettled questions Prime Minister Manmohan Singh said in New Delhi on Saturday. "The purpose of the study of economics is not to provide settled answers to unsettled and difficult questions but sometimes to warn economists and the world-at-large how not to be misled...   Read More

  • Five-Year Plan: The difference between five and eight per cent: Shashanka Bhide and Purna Chandra Parida

    The dream run of the Indian economy between 2003 and 2008 raised expectations of a continued flow of investment into the physical and social sectors. With the GDP growth rising to around eight per cent per year over that five-year period India appeared to move towards an era of sustained high economic growth. Even the...   Read More

  • When incomes grow, but jobs elude: Sonalde Desai

    The latest NSSO data also underlines the increasing absence of women from the labour market Every time results from one of the "thick" rounds of the National Sample Survey come out we get into a feeding frenzy trying to slice and dice the statistics for changes since the previous round. Since NSS large rounds are...   Read More

  • NCAER-MASTERCARD Worldwide Index of Business Confidence

    After the dismal gross domestic product (GDP) numbers released last week and the fall in the Purchasing Mangers' Index for manufacturing announced by HSBC yesterday the economy has received another setback. In the quarter ended March the Business Confidence Index dropped 4.5 per cent compared to the previous quarter according to a National Council of...   Read More

  • Quarterly Review of the Economy (QRE) Seminar Coverage

    The National Council of Applied Economic Research (NCAER) in its April 2013 Quarterly Review of the Economy has projected that the Indian economy would grow at 6.2 per cent in 2013-14 led by a reasonable growth in agriculture. For this year the think tank projected agriculture sector growth at 3.2 per cent against a growth...   Read More

  • Kerala state development might soon have to deal with Dutch Disease

    THIRUVANANTHAPURAM: The Kerala Perspective Plan-2030 prepared by the National Council of Applied Economic Research (NCAER) raises a concern. The Kerala state might soon have to deal with the Dutch Disease a negative development trend pushed by several positive development indicators. Dutch Disease is defined as development that results in a large inflow of foreign currency...   Read More

  • Plan draft placed before stakeholders

    THIRUVANANTHAPURAM:The draft of the State Planning Board ’s ambitious Kerala Perspective Plan 2030 was presented before vital stakeholders of the future namely students here on Thursday. Around a 100 post-graduate students and researchers from various institutions across the state including those from the universities of Kerala and Calicut Central University at Kasargod College of Engineering...   Read More

  • State for consensus on growth plan

    THIRUVANANTHAPURAM:The State government is for consensus on the problems being faced by the people Chief Minister Oommen Chandy has said. Inaugurating an interaction session with selected college students from across the State on the Kerala Perspective Plan 2030 at the Old Assembly Hall here on Thursday Mr. Chandy said the government was for consensus on...   Read More