Macro-Econometric Modelling for India Incorporating Accounting of Centre-State Fiscal Systems for Finance Commission, GOI
The study will prepare a macro-fiscal framework for medium term projections and simulations of alternative scenarios keeping in view the issues that need to be addressed by the Finance Commission in light of Commission’s Terms of Reference.
India Human Development Surveys I (2004-5), II (2011-12) and the present IHDS-III form part of a collaborative research program between researchers from the National Council of Applied Economic Research and the University of Maryland. The goal of this program is to document changes in the daily lives of Indian households in a society undergoing rapid transition.
To devise innovative ways and policy to promote cattle economy and use of cow manure as bio-fertilizer and bio-energy especially for Gaushalas to convert cattle into economic assets and to explore Public Private Partnership model with various stakeholders including Gaushalas, Dairy cooperatives and Farmer Producer Organization for production of enriched solid and liquid bio-fertilizer and bio energy.
The major objective of this study is to assess the demand for fish across species in 24 states of India and project demand for the same until 2031. The primary survey has started and the result is yet to be analysed.
The objective of this project is to analyze three alternative growth scenarios for the Twelfth Five Year Plan (2012–13 to 2016–17). These three scenarios present the expected GDP growth rates of the Indian economy under various policy actions and institutional and regulatory frameworks. The updated macro econometric model developed at NCAER was used to provide emerging scenarios. The results indicate that GDP growth rate is expected to be around 8 per cent for the Twelfth Five Year Plan period under the “flotilla” scenario, 5–6 per cent under the “muddling along” scenario and below 5 per cent under the “falling apart” scenario. The study also found that poverty reduction is expected to be high under the first scenario and would be low under the other two scenarios.