Researchers Publication

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

This paper analyzes whether liquidity constraints matter for optimal monetary policy choices in an open economy. Asset market participation is limited as some agents lack financial capacity and behave in a hand-to-mouth fashion. I evaluate consumer welfare using a micro-founded welfare criterion derived through perturbation techniques, and find that the presence of liquidity constraints requires...   Read More

The Kerala Perspective Plan 2030 (KPP) prepared by NCAER for the Kerala State Board of Planning is a strategic path forward for Kerala to achieve economic and living standards equivalent to Nordic countries. KPP 2030 targets leapfrogging the high middle income threshold in the next 15 years and the high income threshold in the next...   Read More

This India Policy Forum 2014–15 comprises papers and highlights of the discussions at the 11th India Policy Forum (IPF) held in New Delhi on July 15–16, 2014. The IPF explores India’s rapidly evolving and sometimes tumultuous economic transition and its underlying reform process using policy-relevant, rigorous, empirical research. The IPF is sponsored and organised by...   Read More

ग्रीस के आर्थिक संकट को लेकर चिंता की लकीरें पूरी दुनिया में दिखाई पड़ी हैं। भारत पर इसका बहुत ज्यादा असर शायद न पड़े, लेकिन ग्रीस के इस संकट में बहुत सारे सबक जरूर हैं, जिनमें भारत ही नहीं, दुनिया के तमाम देशों के पास सीखने लायक बहुत कुछ है। लेकिन इन बातों पर आने...   Read More

Press Release Highlights of NCAER’s most recent Business Expectation Survey for Quarter 4 2014-15 The 92nd round of Business Expectations Survey (BES) carried out in March 2015 reveals that business sentiment has fallen sharply.  The BCI decreased by 6.9 per cent over the previous quarter. All components of BCI declined between January and April 2015....   Read More

NEW DELHI: Business sentiment fell sharply in the March quarter due to concerns over investment climate amid "patchy" and "uneven growth" said a survey today. "The 92nd round of Business Expectations Survey (BES) carried out in March 2015 reveals that business sentiment has fallen sharply. The BCI decreased by 6.9 per cent over the previous quarter" said a...   Read More