NCAER in the News

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

Highlights

  • How Can Gujarat Defy the Middle-Income Trap?

    Opinion: Poonam Gupta. Gujarat has consistently ranked among the fastest growing States in India. According to the World Bank's income group classifications, the state is on the verge of achieving high middle-income status. Three key features characterize Gujarat’s remarkable growth process. First, growth in the State has been diversified across sectors. Instead of being confined...   Read More

  • Population growth committee: Move beyond Emergency-era fears

    Opinion: Sonalde Desai. The population dialogue in India has been dominated by concerns about population explosion. However, it is time for us to move these fears and learn from the experiences of other countries. In her speech, while presenting the 2024 budget, Finance Minister Nirmala Sitharaman promised a committee to study India’s population growth to...   Read More

  • Technology can help in enabling access to judicial services at finger tips

    Opinion: Nandan Nilekani. Nyaya Setu, being built to ensure reach of legal services till the last mile, will put together all legal knowledge in finger tips, in the language of people’s choice and it is built using GPT and AI models, says the founding chairman of UIDAI Nandan Nilekani, the founding chairman of the Unique...   Read More

  • The right track to growth: Infrastructure is key driving force for realising India’s vision of $40 trillion economy by 2047

    Opinion: Saurabh Bandyopadhyay. Infrastructure is the key driving force for realising India’s vision of a $40 trillion economy by 2047. Infrastructure is the key driving force for realising India’s vision of a $40 trillion economy by 2047. The Railways has been one of the most crucial partners in infrastructure development, gearing up for a high-speed...   Read More

  • In today’s tech-savvy times, the importance of combining shaastra (knowledge) with shastra (weapons)

    Opinion: Manish Sabharwal and Ashish Dhawan. The book The Allure of Battle (2017) by Cathal Nolan argues that while most military history explains winners and losers through decisive battles and strategic genius, what matters is endurance and technology. India’s first National Security Strategy document is being written and will propose accelerating domestic defence production. However,...   Read More

  • Let’s expand social security: Provident fund reforms are vital for India

    Opinion: Manish Sabharwal and Kartik Narayan. A five-point agenda to fix the country’s PF scheme could shift 50 million people from informal to formal work. Let’s blend idealism with pragmatism. The excellent book Making Social Spending Work by Peter Lindert suggests societies need safety nets to catch those in need because of unlucky opening balances,...   Read More

  • Green jobs’ from green power

    Opinion: Sanjib Pohit and Chetana Chaudhuri. Installation, maintenance in renewable energy will create jobs, even as energy transition poses challenges. COP28 emphasised that transitioning from fossil fuels in energy systems is required in a just, orderly and equitable manner. The path of decarbonisation requires shift to low-carbon options. Demand-side management measures like production and supply...   Read More

  • From America to India, the free speech challenge on campus

    Opinion: Sonalde Desai. If universities are to remain home to creativity, they must embrace both radical thinking and scepticism toward received wisdom. This is important not just for humanities and social science but also for science and engineering. In recent weeks, two American university presidents, Claudine Gay from Harvard and Liz Magill from the University...   Read More

  • Lakshadweep needs a supply-side focus

    Opinion: Poonam Munjal and Palash Baruah. The attention the archipelago is receiving must be leveraged through strategic marketing campaigns, both by government and private stakeholders. Lakshadweep, a uni-district and the smallest Union Territory of India, is getting attention like never before after Prime Minister Narendra Modi posted pictures of his “exhilarating experience” during his visit to the UT,...   Read More

  • Outlook 2024: The year financial systems break or make it

    Opinion: Udaibir Das. Facing unprecedented socio-economic challenges, the financial system must act decisively to preserve its vital economic role. 2024 will be a make-or-break year for the financial sector. It will rise to the challenge of a changing world or fall into irrelevance and chronic stress. The fate of finance and the global economy hangs...   Read More