National Council of Applied Economic Research
Opinion: Poonam Gupta and S Priyadarshini. The real growth rate of the Indian economy in the April-June quarter of 2023-24 (Q1, FY24), according to the latest data released by the Central Statistical Office (CSO), stood at 7.8 per cent. Market economists embraced this data as reflective of their own projections, and in line with their... Read More
Opinion: Sanjib Pohit and Anupma Mehta: Immersion of idols laced with harmful chemicals does an irreparable damage to a river, time to stop sinning against salvator. It is that time of the year again, when the devout prepare fancy and exotic idols of gods and goddesses, venerate them for a few days and then consign them... Read More
Opinion: Sonalde Desai: While collecting official statistics will always be a purview of state institutions, they must be governed by independent governing bodies that can ensure scientific integrity and broad oversight. We seem fascinated with statistical soundbites, vacillating between the bizarre and the expedient. In October 2021, major newspapers featured stories that claimed that over... Read More
Opinion: Poonam Gupta: In India, the inflation target (for CPI headline inflation) was set at 4%, with an upper tolerance limit of 6% and a lower limit of 2%. GoI constituted a six-member Monetary Policy Committee (MPC), including three ex-officio members from RBI with the RBI governor as its chairperson, the deputy governor in charge... Read More
Opinion: Bornali Bhandari Gautam Kumar Das Samarth Gupta Ajaya K Sahu & KS Urs In the platform economy workers function in a formalised realm but without benefits of tenure or welfare One of the research questions that the NITI Aayog report ‘India’s Booming Gig and Platform Economy: Perspectives and Recommendations on the Future of Work’ poses... Read More
Opinion: Poonam Gupta and Barry Eichengreen: India’s annual GDP growth 7% plus is the continuation of an ongoing acceleration. The question is whether this can last. One country stands out from the gloomy overall tone of the International Monetary Fund’s (IMF) recent update of its World Economic Outlook. Against the backdrop of tepid 3.2% global growth... Read More
Opinion: Poonam Gupta and Barry Eichengreen Given its favorable demography democratic polity and large and diversified economy India can in principle grow at 7% or higher for years to come. But the only route to such growth that remains open runs through structural reforms that the government has taken off the table. One country stands out... Read More
Opinion:Palash Baruah and D. L. Wankhar Periodic Labour Force Survey data shows the situation is worse for women. And those who got the training, almost half of them accounted for self-learning or ‘learning on the job’ Vocational and technical training has been the central pillar of Prime Minister Narendra Modi’s ambitious skill building mission since... Read More
Opinion: Poonam Munjal & Nijara Deka Prepare business strategies for districts and leverage existing government schemes to make India a global economic powerhouse In the face of the COVId-19 pandemic and the rise in food and fuel prices it may appear difficult for the country to reach its US $5-trillion economy target by 2025. But... Read More
Opinion: Poonam Gupta As far as countercyclical policy support is concerned it is important to adhere to macroeconomic prudence and to recreate adequate policy buffers. There are certain policy actions India could pursue. In the latest World Economic Outlook (WEO) released on Tuesday the International Monetary Fund (IMF) has lowered the projected growth rate for... Read More
