The Economic Survey for 2022-23 has presented the customary wealth of information and data pertaining to the Indian economy. It has provided the growth projections for the current year and next year, as well as a medium-term outlook. Simultaneously, it has also further articulated the rationale for those projections and outlooks. All these outputs are... Read More
NCAER’s White Paper on the “Making India A Global Power House on Farm Machinery Industry” was released by Hon’ble Ms. Shobha Karandlaje, Minister of State for Agriculture and Farmers' Welfare. The focus of this paper is on non-tractor farm machinery because India is already one of the global leaders in tractors. The twin objectives of... Read More
Many cities in urban India, particularly the metros, are major hotspots of air pollution with a PM 2.5 concentration level ranging above the permissible limits defined by the WHO for most of the year. Since the transport sector is a major source of air pollution in urban India, the Government of India adopted BS-VI emission... Read More
The IHDS Forum is a monthly update of publications, op-eds and data news based on the India Human Development Survey (IHDS), which was jointly conducted by NCAER and the University of Maryland in two rounds, in 2004-05 and 2011-12. The third round of the project has also been launched and is currently underway. Click here 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.
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