National Council of Applied Economic Research
Opinion: C.S. Mohapatra. Policies have sought to promote participation in financial markets, but investor ignorance and negligence as well as fraudulent activities are impediments to growth. India’s financial sector has grown exponentially over the past two decades. One major contributor to this is the rising participation of private investors in financial markets coupled with digitalisation.... Read More
Opinion: K P Krishnan The recent semi-public exchanges between Sebi and DFS raise several questions about the legislative function of regulators that need careful consideration In March 2020 a private bank wrote off Additional Tier 1 (AT-1) bonds worth Rs 8415 crore based on a scheme of reconstruction approved by the Reserve Bank of India... Read More
Opinion: Sudipta Mundle The government should reduce price distortions while farmers must organize themselves to gain collective bargaining power Our skewed policy of providing support prices chiefly for two crops has led to the oversupply of these even as our subsidy-cum-procurement regime turned farmers dependent on it. The roots of the continuing farmers’ agitation go... Read More
Opinion: Sanjib Pohit Auto fuel pricing goes beyond taxes to refineries The discourse around the spikes in gas petrol and diesel prices follows the usual line. The government argues that the consumer has to bear the high price because global crude oil prices have hardened. The Opposition argues that the higher domestic price is due... Read More
Opinion: Sonalde Desai The pandemic may have limited our ability to connect with the external world but for several Indian women isolation isn’t unfamiliar or new. When we tell our children and grandchildren about 2020 we will talk about a time when we shut ourselves in our homes to keep the world and the pandemic... Read More
Opinion: Prerna Prabhakar The proposed SPV meant to carry out the monetisation should take essential steps for making land assets of PSUs free of any hindrances Urban development in India is largely obstructed by the lack of availability of land at affordable prices a key prerequisite for infrastructure development and housing. According to the Numbeo... Read More
Opinion: K P Krishnan Excessive centralisation of skilling programmes may hinder the ability of training institutions to effectively respond to Indian market requirements. About a month ago the Government of India launched the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 3.0 the third phase of the short duration national skilling programme. Unlike some other public policy campaigns of... Read More
Opinion: Ajaya K Sahu and Bornali Bhandari The allocations show that the focus is more on income support than improving crop and livestock yields That agricultural sector is critical for the overall socio-economic development of the country needs no re-stating. On average the agriculture and allied sector accounted for 20 per cent of GDP between 2012-13... Read More
Opinion: Sudipto Mundle India’s finance minister also announced a set of financial sector reforms be it in insurance banking or development finance. Success would depend on how well these are carried out. The budget has announced some laudable reform initiatives but their success will depend on how well they get implemented The budget has surprisingly opted... Read More
Opinion: Sanjib Pohit After the agitation on the Farm Bills one expected that the Budget would not include any more reform agenda. But this has happened and the allocation within the line item do not exhibit major changes. However if one looks at the size of the pie for small and marginal farmers in the Budget... Read More
Opinion: Bornali Bhandari Samarth Gupta Ajaya K Sahu & KS Urs While the good news is that business sentiments are recovering across firm sizes there seems to be the emergence of a bimodal distribution of business sentiments in MSMEs versus large firms. The dual impact of demonetisation and the inefficient implementation of the Goods and Services... Read More
