Publication Page Archive

In the Review, we summarise the economic and policy developments in India; monitor global developments of relevance to India; and showcase the pulse of the economy through an analysis of high-frequency indicators and the heat map.

The Business Confidence Index is higher than it was a year ago but has softened sequentially The National Council of Applied Economic Research (NCAER), one of India’s premier economic policy research think tanks, carried out the 123rd Round of its Business Expectations Survey (BES) in December 2022, with support from the National Stock Exchange of...   Read More

The sinking of Joshimath or Jyotirmath raises a serious alarm on the sustainability of economic activities, particularly of tourism in various sensitive but highly revered parts of the country. The town has now been declared as a landslide and subsidence-hit zone as well as not suitable for habitation. While it is located in a seismic...   Read More

The global environment seems to have turned less hostile as inflation rates have peaked in advanced economies and oil prices have stabilised at lower levels. So capital flows have started returning to India, the exchange rate is bouncing back and foreign reserves are being rebuilt. Year 2022 turned out to be a rocky one for...   Read More

In the Review, we summarise the economic and policy developments in India; monitor global developments of relevance to India; and showcase the pulse of the economy through an analysis of high-frequency indicators and the heat map. Click here for previous issues

India needs to adopt a cautious and informed approach to launching a full-fledged digital currency as the prevalent infrastructure may limit its potential benefits. Finance minister Nirmala Sitharaman announced a commitment to issue a digital rupee in her Budget speech delivered on February 1, 2022. Although in the subsequent months, the RBI provided only limited...   Read More

Hyderabad Metro Rail (HMR) is an initiative to fulfill the growing need for transportation in the city of Hyderabad. Based on the Mass Rapid Transit System (MRTS), HMR intends to reduce traffic congestion across Hyderabad, lower pollution level, and improve the ‘livability index’ of the city. The ambitious HMR project was awarded to Larsen &...   Read More

NCAER chief Poonam Gupta moots mechanisms to stabilise prices, buffer economy from shocks India’s economic growth is likely to be subdued in the coming year, but inflation will also subside partly due to monetary policy effects and partly due to base effects, Prime Minister’s Economic Advisory Council member Poonam Gupta said on Monday, mooting steps...   Read More

This study aimed to identify the issues and gaps with the current programs on skills in the schools of India. The study focused on the quality and relevance of skills taught in schools, learning outcomes, and their impact on the pathways to work and further education. It also identifies the steps and measures to overcome...   Read More

The likeliest benefit that India will draw from a swap line with the US is the ability to thwart any self-fulfilling speculation against its currency during a sell-off episode. India is unlikely to draw upon the swap line just as it has not drawn upon its existing swap line with Japan. Thus, a swap line...   Read More