NCAER in the News

Opinion: Barry Eichengreen. HONG KONG – The gap between productivity growth in the United States and Europe paints a stark and, for Europeans, depressing picture. In the two decades since 2004, US productivity growth, as measured by the value of output per hour worked, has been more than double that of the eurozone. Whereas eurozone...   Read More

Opinion: G C Manna. While the methodology for the Household Consumption Expenditure Survey is more refined now, the survey needs to address some methodological challenges. The National Sample Survey (NSS) Office released the key results of the Household Consumption Expenditure Survey (HCES) 2022-23 in late February. These primarily include all-India estimates of the average household...   Read More

Opinion: Sanjib Pohit and Chetana Chaudhuri. EVs’ growth may suffer due to problems of battery availability and disposal, just as biofuel has been hit by feedstock constraint. E-mobility seems to be the buzzword in India now. Almost every other day, some news comes out on how much progress India has made in the use of...   Read More

Opinion: C.S. Mohapatra. The aggregation of personal and financial data through fintech platforms presents an attractive target for hackers, leading to concerns over data privacy and security. The digitalized payment landscape, while making transactions more efficient and cost-effective, has unintendedly heightened the risk of cyber frauds and personal data misuse. Cybercriminals exploit vulnerabilities in the...   Read More

Opinion: Bornali Bhandari and Ajaya K Sahu. There are no win-win options here as all of them involve trade-offs. Policy makers must strike a balance. A universal social security system is perhaps the best option to protect gig workers. The Code on Social Security, 2020 defines gig worker as a “person who performs work or...   Read More

Opinion: Laxmi Joshi and Saurabh Bandyopadhyay. Given the current and anticipated changes in dietary choices, livestock and fisheries present a distinct opportunity for growth. Both rural and urban populations’ consumption patterns are shifting, according to NSSO statistics. Based on the amount and pattern of consumer expenditure surveys (many rounds), data on monthly consumption expenditure per...   Read More

Opinion: Laxmi Joshi and Saurabh Bandyopadhyay. The agricultural sector in India has made significant progress since gaining Independence, thanks to technological advancements and government interventions. The Green Revolution, in particular, played a crucial role in increasing food grain production by three times, demonstrating the importance of science and technology in the growth of agriculture. Today,...   Read More

Opinion: Udaibir Das. Could a continental consensus work as Africa’s ultimate bargaining chip?  In the heart of Africa’s economic crucible, a seismic shift is underway. The continent’s leaders, weary of a global public and private financial architecture that has long failed them, are now wielding their collective voice as a potent weapon. As the world...   Read More

Opinion: C S Mohapatra. Investor education is crucial for enhancing financial well-being. Enhanced opportunities and increased volatility, calls for fresh financial literacy efforts, as traditional programs may no longer suffice. The curriculum needs updation to cover digital literacy, new investment risks, evolving financial structures, and governmental measures for investor protection and fraud prevention. While progress...   Read More

Opinion: Poonam Munjal and Palash Baruah. EPFO envisions achieving global standards in social security by 2047 through strategic initiatives, transitioning from enforcement to facilitation. Digital India was launched in 2015 with a vision to transform India into a digitally empowered society. One of the many benefits of digitalisation is seen in the functioning as well...   Read More