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

  • Distrust of employers is bred into Indian policy. It needs to end

    Opinion: Manish Sabharwal. Jan Vishwas Bill 1.0 recognised this problem but couldn’t do enough. A Jan Vishwas 2.0 that aims higher is needed, so that job creation can be accelerated Tulsidas’s Ramacharitmanas asks, Jaum mrigpati badha medukanhi bhala ki kahai kou tahi (if a lion kills frogs, will anyone speak well of him)? The Indian...   Read More

  • Have we created a fertile ground for women to flourish?

    Opinion: Asrar Alam. Despite targeted Skill India government initiatives strive to boost female participation, societal pressures and caregiving responsibilities stand out as formidable barriers. The PLFS 2022-23 furnishes valuable insights into female workforce participation, underscoring how family dynamics shape caregiving responsibilities and impact women’s career trajectories. Given the magnitude of the need, there is an...   Read More

  • The Digital Harvest: Unlocking AI’s Promise in Revolutionizing Agriculture

    Opinion: Raka Saxena and Laxmi Joshi. Unlocking the full potential of AI, ushering in an era where technology and agriculture converge. In the dynamic landscape of agricultural development, rural progress undergoes a significant metamorphosis with the infusion of technology, contributing to a structural transformation that reverberates across rural communities. Despite agriculture’s historical resistance to digital...   Read More

  • Deciphering barriers, leveraging opportunities

    Opinion: Jyoti Thakur and Poonam Munjal. In India, women still face numerous hurdles to access employment and, once employed, to access decision-making positions. Claudia Goldin’s winning the 2023 Nobel Prize in the Economic Sciences, with her comprehensive account of women’s earnings and their underrepresentation in the global labour market, has aroused renewed interest among the...   Read More

  • Making GDP Estimates More Agile

    Opinion: Poonam Gupta. Each sequential release of GDP estimates by MoSPI (Ministry of Statistics and Programme Implementation) generates considerable excitement. Yet, perhaps many of us are unaware that each year’s estimates are revised six times over a stretch of three years before they are finalized. For example, the first estimate of growth for the current...   Read More

  • The debate over India’s logistics costs

    Opinion: Poonam Munjal and Sanjib Pohit. The number recently put forth by a government-constituted task force represents, at best, an interim assessment till the final report is out. The National Council of Applied Economic Research (NCAER) released a report on “Logistics Cost in India Assessment and Long-term Framework” on December 14, 2023. The report is...   Read More

  • Unlocking India’s Potential with AI

    Opinion: Nandan Nilekani and Tanuj Bhojwani. India is on the brink of a transformation that could change its economic and social future. Before the end of this decade, more Indians will use AI every day than in any other country in the world. What’s more, people in advanced economies will be surprised by the ways...   Read More

  • Evaluating the Indian economy’s resilience

    Opinion: Poonam Gupta. A growth trajectory of 6.5 to 7.5 %, centred around 7 %, is reasonable in the coming years, barring the eventuality of simultaneous external shocks. In view of its robust growth of 7.7 per cent during the first half of the current fiscal year, the Reserve Bank of India (RBI) has upgraded...   Read More

  • Designing social welfare systems for gig workers

    Opinion: Bornali Bhandari and Ajaya K Sahu. Social cover. Instead of a region or income specific policy, a more universal approach would serve workers better. While the demand for social security for platform workers heats up, the question that crops up is can one design an exclusive social security system for platform workers? And even...   Read More

  • Why mandatory period leave may not work

    Opinion: Ravi Gupta. If menstrual leave is made compulsory, it would further discourage employers from hiring female employees, causing women’s participation in work to shrink further. While the impact of the menstrual cycle varies for every female, the discomfort it brings may heavily affect their efficiency as workers. If a female employee already going through...   Read More