National Growth & Macroeconomic Centre

National Growth & Macroeconomic Centre

For making better macro policies, it is vital to track policy developments in the country; monitor global developments of relevance to India; and, understand the pulse of the economy. We track India’s growth developments, and big issues facing the economy, including fiscal and financial health of individual States which will have an impact on the country’s economy in the coming decades for India to become a developed economy by 2047.

Research Studies

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Publications

Working Papers
13 August 2026

The Fiscal Landscape of West Bengal: Performance, Challenges and a Roadmap for Consolidation

Anil K Sharma, Aswathi R. Nair, Arjita Chandna + 3

West Bengal is one of India’s largest states, accounting for around 7.1 percent of the country’s population and about 5.5 percent of…

Working Papers
13 August 2026

Assessing the Fiscal Dynamics of Chhattisgarh State: A Comparative Study with Jharkhand and Odisha

Anil K Sharma, Arjita Chandna, Jayanta Talukder

This paper analyses the fiscal position of Chhattisgarh in comparison with Odisha and Jharkhand, focusing on revenue mobilisation, expenditure quality, fiscal deficits,…

Flagship Publication
2 May 2025

Monthly Economic Review: April 2025

In the Review, we summarise the economic and policy developments in India; monitor global developments of relevance to India; and showcase the…

Flagship Publication
1 April 2025

Monthly Economic Review: March 2025

In the Review, we summarise the economic and policy developments in India; monitor global developments of relevance to India; and showcase the…

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