The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) helped lower poverty by 32 per cent between 2004-05 and 2011-12 lifting almost 14 million in this regard says a recent survey by the National Council for Applied Economic Research and the University of Maryland. The study involved 26000 households and used data from the two... Read More
The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) the world’s largest anti-poverty programme reduced poverty and empowered women but its success has been limited due to lack of work in some of the poorest states according to a recent report. Comparing two states Chhattisgarh (strong programme implementation) and Bihar (weak) a study by the... Read More
Key Highlights MGNREGA reduces poverty and empowers women but work rationing limits its impact Those are the main findings of Mahatma Gandhi National Rural Employment Guarantee Act: A Catalyst for Rural Transformation just released by researchers from the National Council of Applied Economic Research and the University of Maryland. The Mahatma Gandhi National... Read More
Business sentiment fell sharply in the first quarter of the current fiscal as smaller companies are experiencing the worst deterioration in business sentiments says a NCAER survey. "The 93rd round of Business Expectations Survey (BES) carried out in June 2015 reveals that business sentiments have not only continued to decline but are declining at a... Read More
Using unique data from the India Human Development Survey, a large, repeated, national household survey conducted by researchers from the NCAER and the University of Maryland before and after the implementation of MGNREGA, this report examines changes in the lives of rural households and in the rural economy against the backdrop of changes brought about... Read More
The Ministry recently requested NCAER to estimate the economic benefits of dynamic Weather and ocean state forecasts and the resulting advisories provided to users. This report, the third in the series of NCAER’s work with MoES, consists of two parts. The first part estimates the potential economic benefits of ESSO-NCMRWF dynamic weather forecasts (coordinated with... Read More
This column published in the Financial Express is written by Prof M. Govinda Rao Non-resident Senior Fellow NCAER. Media reports about the boycott of the nine Congress chief ministers and the non-attendance of those non-UPA non-NDA ones-of Odisha Tamil Nadu Uttar Pradesh and West Bengal—in the recently held meeting of the NITI Aayog to discuss the... Read More
Given the level of indirect taxes there’s an incentive to evade them. The proposed tax breaks for using e-money may not help The objective of the proposed policy on facilitation of electronic transactions is to replace cash transactions with e-transactions. These have several advantages including macroeconomic effects and benefits to merchants and consumers. Macroeconomic benefits... Read More
THIRUVANANTHAPURAM: The Kerala Perspective Plan 2030 an initiative of the State Planning Board aimed at prudent long-term development strategies over a two-decade period was unveiled here on Monday. First of its kind in the country the Kerala Perspective Plan 2030 aims at facilitating the state to attain developmental parameters of high-income countries. Handing over the... Read More
This paper looks at the correlation between the cyclical components of gross domestic product and the exchange rate and classifies countries' currencies as procyclical if they appreciate in good times, countercyclical if they appreciate in bad times, and acyclical otherwise. With this classification, the paper shows that: (i) the countries that are commodity exporters and... Read More