The National Data Innovation Centre (NDIC) has been set up by NCAER with its consortium partners, University of Maryland and University of Michigan. India’s rapid transformation has led to a growing demand from researchers and policymakers for high-quality and policy-relevant data. Changing socio-economic conditions also necessitate rethinking of the kind of data that are collected,... Read More
The report addresses the skilling challenge faced by the country. Policymakers in India face the triple challenge of incentivising the creation of more well-paying jobs, creating efficient pathways to skill acquisition and job matching to ensure workers have the right skills, and protecting low-paid, low-skilled workers with social security benefits. An additional challenge comes from... Read More
Government’s biodiesel programme holds the potential of sustainable entrepreneurship development and meeting all three objectives of economic growth — social equity job creation and environmental sustainability The Government’s launch of a biodiesel programme represents a unique case for the development of numerous sustainable entrepreneurs employment generation empowerment of the subaltern masses by providing them ownership/occupational... Read More
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