This NCAER study examines the issue of credit penetration, its impact on the performance of agro-processing cooperatives, and the role of the National Cooperative Development Cooperation (NCDC) in facilitating cooperative activities through its financial and logistical support. The bulk of the subsidy in agriculture in India goes to farmers for pre-harvest operations and hardly there... Read More
Delhi recently hosted the International Solar Alliance (ISA) Summit from 10th to 12th March 2018. With 55 countries having signed the ISA framework agreement and 26 of them already ratifying it it looks like the ISA is certainly gaining momentum. Of course India seems to be the right platform for such an event. After all... Read More
Time magazine dedicated its person of the year (2017) cover to women who broke the silence surrounding the pervasiveness of sexual harassment and violence especially in the workplace. It took a string of allegations by women with public images they could leverage and were willing to put at stake to give heightened visibility to the... Read More
One of the grimmest projections for the future of the earth as we know is the irreversible degradation of agricultural land caused by depletion of water bodies and climate change rendering it progressively unfit for cultivation within a span of less than a century. Where does that leave the Indian farmer who has been consistently... Read More
Policy orientation in modern-age trade negotiations has progressively turned to non-price measures looking beyond tariff liberalisation A better information system for domestic exporter will assist upgrade of domestic industry to meet global norms. (Reuters) Policy orientation in modern-age trade negotiations has progressively turned to non-price measures looking beyond tariff liberalisation. In the past India’s FTAs... Read More
No doubt the rolling of GST is a right move towards making India into a one-market with one tax and with interstate barriers to trade being removed. While GST is facing the teething problem with multiple rates a high cost of implementation it is expected that these problems would be sorted out paving a way... Read More
We investigate the predictive power of Divisia monetary aggregates in explaining exchange rate variations for India, Israel, Poland, UK and the US, in the years leading up to and following the 2007-08 recessions. One valid concern for the chosen sample period is that the interest rate has been stuck at or near the zero lower... Read More
A seemingly trivial but quite important piece of information came to the fore on 27th November 2017. The Maharashtra Government fearing backlash shelved the bill of labour reform that otherwise would have eased the burden of 37 234 factories reeling under unviable losses. Politicisation of labour issues is the crucial factor for denigrating the status... Read More
Investment decisions of firms are centred on location choice investment magnitude and selection of industry. Of these information on location choice is the most asymmetric making it is imperative to inform potential investors regarding the characteristics and advantages/disadvantages of specific territorial choices within the country. In this article Anjali Tandon highlights the importance of a... Read More
This column describes NCAER’s new ‘nowcasting’ model which seeks to predict India’s GDP numbers at frequent intervals − typically on a monthly or quarterly basis − by exploiting the incremental information in published data on economic indicators. In the words of Dr. Lawrence Klein1 “Models go out of date fast. Data base gets revised new kinds... Read More