NCAER in the News

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

Highlights

  • Economy grows 5.7%, clocks fastest growth in 2 yrs

    HT Correspondent Hindustan Times  New Delhi August 29 2014 First Published: 18:06 IST(29/8/2014) | Last Updated: 11:15 IST(30/8/2014)   The Indian economy expanded at its fastest pace in two-and-a-half years in the quarter ending June on the back of a turnaround in manufacturing as sentiment was boosted by the Narendra Modi government’s measures to help...   Read More

  • The new young: Sonalde Desai

    Only 28 per cent of men aged 20-29 and with a college degree had a salaried job in 2005 which had slowly grown to 33 per cent by 2012.   From Naxalbari to the Arab Spring our popular imagination has seen the youth as the harbinger of revolution that breaks down the bastions of privilege....   Read More

  • India Makes Progress on GST Implementation

    DELHI – India moved closer towards implementing a Goods and Services Tax (GST) with the conclusion of the latest meeting by the Empowered Committee of State Finance Ministers this Wednesday. While numerous hurdles remain central and state Finance Ministers agreed on several important items that are expected to speed up the implementation process: Two-part levy:...   Read More

  • States drop compensation hurdle for proposed Goods and Services Tax

    With State Finance Ministers having dropped the issue of compensation in lieu of a cut in the central sales tax from the agenda of their upcoming meeting on implementing the Goods and Services Tax (GST) the major hurdle appears to have cleared in reforming India's indirect tax regime.   Seen as a key to facilitating...   Read More

  • The progressive personal, corporate and indirect tax rates in the country compel people to evade tax and accumulate black money

    In reply to an RTI query the Union finance ministry   said the UPA II government had commissioned a study in 2011 to ascertain the quantum of illegal money in the Indian economy. It said the study was being carried out by Delhi-based National Institute of Public Finance and Policy (NIPFP) National Council of Applied...   Read More

  • Tourism contributes about as much to India’s economy as the entire IT sector

    India might not have much to write home about when it comes to tourist arrivals when compared to the rest of the world but the industry is nevertheless tremendously important for the country. Despite its size and the wealth of sites to visit India counted as only the 38th-most visited nation according the United Nations....   Read More

  • Kerala Vision 2030 gets Cabinet nod

    The Kerala Cabinet has given sanction to Kerala Vision 2030. Expert committees will be constituted to synchronise the ideas put forward by Vision 2030 in annual as well as five-year plans and to advice the government and formulate necessary policies and institutions said chief minister Oommen Chandy. Detailed directions will be prepared to assess and...   Read More

  • Harping on Development Mantra, Cabinet Okays Kerala Vision 2030

    THIRUVANANTHAPURAM: In a major developmental initiative the Cabinet on Wednesday approved the Kerala Vision 2030 formulated by the Planning Board. The projects and concepts proposed under the Kerala Vision 2030 would be included in the Annual and Five Year Plans of the State Government. Announcing the Cabinet decisions on Wednesday Chief Minister Oommen Chandy said...   Read More

  • Narendra Modia’s GST U-turn set to make India single market for first time

    New Delhi: More than six decades after it achieved independence India has yet to have a single internal market with its economy divided up by state taxes on commerce. That may be about to change following the reversal by one of the biggest foes of a national sales tax—Narendra Modi the Prime Minister who took...   Read More

  • GDP expected to grow by 5.2-5.7 pc in FY15: NCAER

    NEW DELHI: With manufacturing sector showing signs of nascent recovery economic think tank NCAER expects India's GDP to expand at 5.2-5.7% this fiscal. "GDP growth rate for 2014-15 is projected at 5.2-5.7%. The higher growth of 5.7% is conditional on pick up of investment spending" National Council of Applied Economic Research (NCAER) said in a...   Read More