The East’s low may worsen the regional imbalance as the second Covid wave rages on. The NCAER Business Confidence Index (BCI) a measure of business sentiments fell for two consecutive quarters in 2019-20:Q4 and 2020-21:Q1 on a quarter-on-quarter basis. After the lockdown restrictions were withdrawn business sentiments recovered in a V-shaped form in 2020-21:Q2 and then... Read More
The Covid-19 pandemic and associated lockdowns have had a significant adverse impact on jobs and livelihoods. Using 2006-2021 data from a quarterly survey on business sentiments this article examines fluctuations in firms’ hiring of temporary/casual and permanent workers across three major economic events – the Global Financial Crisis demonetisation and the Covid-19 crisis. It shows... Read More
The Journal of Applied Economic Research (JAER) is a quarterly, peer-reviewed, international journal published by NCAER in New Delhi in conjunction with SAGE International. JAER publishes papers that pay special attention to the economics of emerging economies, but is open to high-quality papers from all fields of applied economics. Volume 13 Issue 4, November 2019... Read More
The Economic Surveys (2014–15 and 2015–16) have, over the years, stressed on the need to create jobs to meet the needs of a burgeoning population. However, the question as to which sector has the most potential to create jobs and at what level have often been left unanswered. The objective of this paper is to... Read More
Over the last two decades, less than half of the Indians who sought jobs actually got them, with many more millions set to enter the job market over the next two decades. Despite extensive unemployment and under-employment, however, there is a growing shortage of skilled workers. One of the ways to address this skills shortage... Read More
Demographic transition, economic uncertainty and technological changes have come together to create a concoction in India that has the potential to boil over economically and socially, if not skilfully managed. One path that could steady the future of India is to both create jobs that will absorb the burgeoning population and make the population work... Read More
The objective in this paper is to define the full range of employability skills from Pre-Kindergarten to Higher Education and integrate it to the ground-level realities in the Indian context. It clearly identified that there are four types of skills –cognitive, socio-emotional, physical or psychomotor and job-specific skills. Every job role requires a different permutation... Read More
A mechanism to separate Sebi's judicial and executive powers is central to creating a regulator more in tune with the rule of law In 1748 the French philosopher Montesquieu proposed a form of government where powers were not excessively concentrated. The legislature defines what is forbidden in laws. The xecutive administers laws investigates violations and prosecutes... Read More
Aiming for an absolute fiscal-deficit target rather than a ratio would let counter-cyclical stabilizers kick in automatically India’s second wave of the covid pandemic is advancing at a frightening pace. On the economic policy front a sharp contraction has upended the Fiscal Responsibility and Budget Management (FRBM) Act. As Arvind Subramanian and Josh Felman have suggested... Read More
The NCAER’s second Land Records and Services Index 2021 has found that states and Union territories have made considerable progress in digitising their land records and services over the course of one year despite the Covid-19 pandemic. Bihar and Odisha now offer the facility of a web portal to register a transaction the N-LRSI 2021... Read More