Publication Page Archive

India though an early mover in the biofuel sector failed to embrace rewards from one of the safest and cleanest of energy sources. To tap this precious resource the Government has to formulate a new strategy After lying in limbo for a few years concomitant with low oil prices India’s biofuel sector made headlines recently....   Read More

India is in dire need of a long-term national logistics plan that can help minimise gaps reduce costs align developmental projects so we can all reap economic benefits In today’s world economic climate changes more quickly and countries realise that globalisation has made the world smaller and more competitive. Also customers seek products and services...   Read More

Delhi has emerged the most-attractive State for investors improving its position on the think-tank National Council for Applied and Economic Research (NCAER)’s 2018 State Investment Potential Index. Gujarat previously No 1 slipped two places to the third position. The surprise elements in the index named N-SIPI was Tamil Nadu which moved up four places to...   Read More

NCAER-State Investment Potential Index or N-SIPI is an evidence-based index that combines published secondary data on key relevant parameters with an extensive industry survey conducted by NCAER across twenty states and the Union Territory of Delhi. The Index is designed to provide a systematic and reliable “go-to” reference for policy makers, existing businesses and potential domestic...   Read More

India has attained much economic success in the last three decades. Yet economic deceleration in the recent years has generated worried commentaries about India’s growth outlook. In this paper, we offer a long-term macro perspective on India’s growth experience. Analyzing past five decades of data, we note that growth has slowly but steadily accelerated over...   Read More

Chief Economic Adviser Arvind Subramanian Wednesday said that it is not possible for the diverse Indian economy to have one uniform Goods and Services Tax (GST) across the country. The useful debate in fact can be whether there can be three GST rates instead of the present four rates with the possibility of reevaluating the...   Read More

The GST Council may consider reduction in tax rates on host of items with low revenue implications as part of the tax rationalisation exercise in its next meeting on July 21. The items which could be considered for cutting of tax rates might include sanitary napkins handicrafts and handloom goods besides certain services. Several industry...   Read More

Subramanian who had often batted for policy rate rate reduction said tighter monetary and fiscal policies were needed to hold the line at the time of shocks. Amid the demand for cut in taxes on fuel outgoing chief economic advisor (CEA) Arvind Subramanian on Wednesday said oil windfall should have been used for stepping up...   Read More

To understand the interactions between real and financial aspects of an economy, this paper investigates cyclical relationship between credit and growth cycles in India and US over the period 1994-2013 in the frequency domain. Originality of our contribution is in the use of Multitaper method of spectrum estimation which has the advantage of giving reliable...   Read More

This 14th India Policy Forum 2017–18 Volume comprises papers and highlights of the discussions at the two-day conference in New Delhi on July 11-12, 2017. The IPF is NCAER’s annual economic policy research conference that brings together academics, policymakers, industry representatives, media, and researchers for discussions on key issues of Indian economic policy. The IPF...   Read More