India can fix its public-sector lenders by letting them raise enough equity capital to significantly reduce government control. As with the whole economy the covid pandemic dealt a severe blow to India’s banking sector which was already reeling under a huge burden of non-performing assets (NPAs). Stress tests reported in the Financial Stability Report (FSR)... Read More
The COVID pandemic has understandably grabbed most of the Government’s attention becoming the single largest health focus in the country currently but as India moves ahead to deal with this challenge it would do well to simultaneously focus on the health of its most precious human resource its children. The year 2020 has become synonymous... Read More
Multiple rounds of discussion on the Farm Bills do not convince the farmers to withdraw the agitation. The proponents of the Farm Bills seem to highlight the benefits. However in realities many of these are not feasible for an ordinary farmer. That is the reason for the continuous deadlock. It is the high time the... Read More
This study was conducted by the NCAER team during 2020-21 to estimate the impact of the proposed refinery at Ratnagiri district of Maharashtra. This study reports on the extensive estimation of the benefits of the Ratnagiri Refinery & Petrochemicals Limited (RRPCL) investment in terms of overall output, incomes, employment and tax contributions during both the... Read More
There is a strong connection between bolstering democracy and achieving a better functioning financial system A great debate has surged in recent weeks in India about democracy and “tough” economic reforms. In the field of finance the main path of reforms is intertwined with deepening of democracy. This is what has been observed elsewhere in... Read More
The establishment of a national expert group for Covid-19 vaccine distribution and Electronic Vaccine Intelligence Network (eVIN) to track and manage vaccine stocks and storage is welcome. However little attention has been directed towards the last-mile challenges in vaccine distribution. Three challenges deserve particular attention. Twice is Nice First cold storage requirements make it impossible... Read More
The importance of credit to an economy cannot be over-emphasised. The NCAER Quarterly Reviews of the Economy (June & September) has detailed out the tsunami like effect of the novel coronavirus (SARS-CoV-2) on the Indian economy. Unlike the contraction in year-on-year (y-o-y) growth shown by majority of indicators like Index of Industrial Production exports imports... Read More
International Day of Persons with Disabilities (IDPD): The WHO estimates that more than one billion people - about 15% of the world's population - experience some form of disability Not many of us are aware that we celebrate about 173 “international days” every year which as per the United Nations “serve as an indicator of... Read More
NCAER’s Mid-Year Review of the Indian Economy (MYR) presents the most comprehensive, independent assessment of the Indian economy. The 2020-21 Review has been published in a longstanding partnership with the India International Centre (IIC), New Delhi. This year, the COVID-19 pandemic has had an unprecedented impact on the global economy and India is no exception.... Read More
This is part of a series of Measurement Briefs from the NCAER National Data Innovation Centre based on the findings from the Delhi Metropolitan Area Study. This particular Brief on health insurance suggests that despite rising insurance coverage in recent years, individuals are not often aware of their entitlements and do not avail of the... Read More
This is part of a series of Measurement Briefs from the NCAER National Data Innovation Centre. Based on the findings from the Delhi NCR Coronavirus Telephone Survey, Rounds 1 and 2, this particular Brief is set in the backdrop of the lockdown caused by the COVID-19 pandemic and the subsequent loss of incomes and livelihoods... Read More
Do agglomeration-based spillovers impact firms more than the technical know-how obtained through inter-firm collaboration? Quantifying the effect of these treatments on firm performance can be valuable for policy-makers as well as managers/entrepreneurs. I observe the universe of Indian MSMEs inside an industrial cluster but with no collaboration (Treatment Group 1), those in collaboration with other... Read More