Op-Eds

The Economic Survey for 2022-23 has presented the customary wealth of information and data pertaining to the Indian economy. It has provided the growth projections for the current year and next year, as well as a medium-term outlook. Simultaneously, it has also further articulated the rationale for those projections and outlooks. All these outputs are...   Read More

The sinking of Joshimath or Jyotirmath raises a serious alarm on the sustainability of economic activities, particularly of tourism in various sensitive but highly revered parts of the country. The town has now been declared as a landslide and subsidence-hit zone as well as not suitable for habitation. While it is located in a seismic...   Read More

The global environment seems to have turned less hostile as inflation rates have peaked in advanced economies and oil prices have stabilised at lower levels. So capital flows have started returning to India, the exchange rate is bouncing back and foreign reserves are being rebuilt. Year 2022 turned out to be a rocky one for...   Read More

India needs to adopt a cautious and informed approach to launching a full-fledged digital currency as the prevalent infrastructure may limit its potential benefits. Finance minister Nirmala Sitharaman announced a commitment to issue a digital rupee in her Budget speech delivered on February 1, 2022. Although in the subsequent months, the RBI provided only limited...   Read More

The likeliest benefit that India will draw from a swap line with the US is the ability to thwart any self-fulfilling speculation against its currency during a sell-off episode. India is unlikely to draw upon the swap line just as it has not drawn upon its existing swap line with Japan. Thus, a swap line...   Read More

Modern international financial problems have been studied intensively since the Asian financial crisis of the 1990s, and there is now a surprising degree of consensus among economists and policymakers. While the G20 may not be able to achieve much in a divided world, there is a well-defined and viable agenda it should pursue. BERKELEY/NEW DELHI...   Read More

NCAER Professor and Director of the National Data Innovation Centre at NCAER, Sonalde Desai, who holds a joint appointment as Distinguished University Professor at University of Maryland, has been appointed to a consensus study panel on “Women’s Empowerment, Population Dynamics, and Socioeconomic Development” of the National Academies of Sciences, Engineering, and Medicine, the collective national academies...   Read More

Policies to encourage vocational education among youth, including NEP-2020, can gradually, effectively and schematically address the limitations in implementing them. The emphasis on inculcating vocational education among students at school level has been there  since more than three decades when India’s second National Policy of Education was put into  effect in 1986. The NPE-1986 stated...   Read More

As India took over the G20 Presidency from Indonesia, the Government of India constituted task forces to address well-defined global problems in order to support G20 policymakers, and to aid business and civil society organisations in complementing the G20 policy efforts. The NCAER Director General Dr Poonam Gupta was selected as the Chair of the...   Read More

Population growth and the changing geographic and generational balance of power The United Nations estimates that the world population will reach 8 billion on November 15, 2022. Our minds had barely wrapped around a global population of 7 billion in 2011, and now, only 12 years later, we are looking at a population of 8...   Read More