Fundamentals of economy remain weak with uncertainties prevailing India’s economic recovery is still elusive according to economic think-tank NCAER which forecast a slower GDP growth this financial year unlike other forecasts including that of government. In its mid-year review of the economy for this financial year NCAER said GDP growth would be... Read More
NEW DELHI: The National Council of Applied Economic Research (NCAER) has lowered India's GDP growth forecast to 5 per cent in the current financial year on weak economical fundamentals and uncertainties in growth prospects. The economic think-tank in its earlier projection had suggested that the Indian economy was likely to grow at 5.7 per... Read More
The mid-year review of the economy by the National Council of Applied Economic Research (NCAER) released here on Saturday paints a sobering picture with the outlook for 2014-15 worsening from the beginning of the financial year. After growing at 5.7 per cent in the first quarter the NCAER estimates the gross domestic product will... Read More
This paper by NCAER project team led by Dr Rajesh Chadha, Senior Research Counsellor, been produced under the International Centre for Trade and Sustainable Development (ICTSD) Programme on Competitiveness and Development. The objective of this study is to analyse the likely impacts of the trade preference scheme on India and the AFLDCs. The study is... Read More
The "tapering talk" starting on May 22, 2013, when Federal Reserve Chairman Ben Bernanke first spoke of the possibility of the U.S. central bank reducing its security purchases, had a sharp negative impact on emerging markets. India was among those hardest hit. The rupee depreciated by 18 percent at one point, causing concerns that the... Read More
This is the first in a series of reports that NCAER has prepared on detailed tourism satellite accounts for the states and Union Territories of India. This study was commissioned by the Ministry of Tourism in the Government of India in 2013 to compile Regional Tourism Satellite Account for all states and UTs of India... Read More
India may finally be on the verge of making progress on eradicating one of its most intractable problems: open defecation because of a lack of toilets. Prime Minister Narendra Modi deserves credit for focusing on the scourge. But it will take more than words to solve a problem the nation’s leaders have been promising to... Read More
Mumbai: The slowdown in economic growth last fiscal and the resultant weakness in demand has hit small enterprises harder than their larger counterparts latest data from the Reserve Bank of India (RBI) shows. Companies with revenue of less than Rs.25 crore saw sales contract by 63% in the year ended 31 March while companies... Read More
NCAER, the National Council of Applied Economic Research, is privileged to present the 2013-14 Malcolm S. Adiseshiah Mid-Year Review of the Indian Economy for the third successive year in partnership with the India International Centre. The Mid-Year Review highlights the policy flip-flops and paralysis that plagued policymaking in New Delhi in the run up to... Read More
NEW DELHI: Business confidence is on the upswing as companies are betting on a turnaround in the economy and improvement in the investment climate in the months ahead on the back of an expected reforms drive a survey by a think tank showed on Friday. The survey by National Council of Applied Economic Research (NCAER)... Read More