National Council of Applied Economic Research
Opinion: Palash Baruah and DL Wankhar. In communities where education is given greater importance & viewed as a gateway to success, households are more likely to allocate a larger portion of income toward educational expenses. Education is the cornerstone upon which nations build their future. It is the bedrock of social and economic growth at... Read More
The Vijay Kelkar committee on revitalising public-private partnership (PPP) projects on Thursday submitted its report to finance minister Arun Jaitley suggesting measures to resolve contractual financing and implementation issues plauging the segment. “We will go through the report and take policy actions as early as possible” economic affairs secretary Shaktikanta Das said. The report will... Read More
The Vijay Kelkar committee which was reviewing the public-private partnership model of infrastructure development has made recommendations to improve the financing of such projects. The committee has analysed the risks involved and the existing framework of risk-sharing between the project developer and the government and given its recommendations. “The mandate was to revive the... Read More
NEW DELHI: Economic think tank NCAER today marginally lowered GDP forecast at 7.4 per cent because of slowdown in agriculture due to deficient monsoon. "This marginal fall is due to the anticipated slowdown in the agricultural sector. Industrial growth continues to gather strength while the outlook for the services remains mixed" National Council of Applied... Read More
India's gross domestic product (GDP) would grow 7.4 per cent in 2015-16 much lower than current official estimates of 8.1-8.5 per cent the National Council of Applied Economic Research said in its mid-year review of the economy on Saturday. The think-tank said: "Industrial growth continues to gather strength while the outlook for services remains mixed.... Read More
Economic think tank NCAER on Saturday marginally lowered GDP forecast at 7.4 per cent because of slowdown in agriculture due to deficient monsoon. “This marginal fall is due to the anticipated slowdown in the agriculture sector. Industrial growth continues to gather strength while the outlook for the services remains mixed” National Council of Applied Economic... Read More
Even as it sees no possibility of India achieving its 300 MT production target for steel by 2025 economic think-tank National Council of Applied Economic Research (NCAER) on Tuesday said the industry needs to create at least 450 MT capacity by 2050. “Our baseline estimate of demand for additional steel production capacity by 2050 is... Read More
The government’s strategy of auctioning mineral resources to ensure transparency in the allocation process would bring exploration activities in the country “to a halt” while adversely impacting the ‘Make in India’ programme the National Council of Applied Economic Research (NCAER) has said in a report. Instead the Centre must focus on incentivising mineral exploration and... Read More
The steel sector at present faces an inverted duty structure which needs to be addressed according to NITI Aayog Member VK Saraswat. Customs duties levied on key raw materials such as coking coal iron ore and metal scrap are higher than those on the end product he said adding: “Most steel exporting countries don’t impose... Read More
As public servants get ready to enjoy the New Year’s blessing that the Seventh Pay Commission is expected to bestow it may be a time for the rest of us to look this gift horse in the mouth. The Fourteenth Finance Commission estimates the cost of the Sixth Pay Commission at over Rs. 90000 crore... Read More
The steel sector won’t be able to meet this year’s production target of 300 million tonnes (mt) proposed in the draft steel policy 2012 a study by the National Council of Applied Economic Research (NCAER) has said. It added the sector which contributes two per cent to India’s gross domestic product won’t be able to... Read More
