NCAER in the News

Opinion: Saurabh Bandyopadhyay, Jigisha Sharma and Shalini Aggarwal. The Union Budget 2024-25 increased the allocation of agriculture by 4.6%, i.e., Rs 1,32,469.9 crore from Rs 1,26,665.6 crore in the Revised Estimates (RE) of 2023-24. However, if we include allocation for the allied sector as well, the total allocation becomes Rs 1,39,607.5 crore.  Agriculture is considered backbone...   Read More

Opinion: Souryabrata Mohapatra. A more equitable and sustainable strategy is needed – one that recognises the interconnected nature of climate, development, and consumption. India, the world’s third-largest emitter of greenhouse gases, finds itself at the crossroads of development and environmental sustainability. The global approach to climate change, heavily focused on reducing carbon emissions through renewable...   Read More

Opinion: Poonam Gupta. In September this year, India will complete 8 years since it implemented Inflation Targeting (IT). Consistent with the experience of other countries, in India too, IT has been credited with improved outcomes: gentler and less volatile headline inflation; anchored inflationary expectations; improved communication and transparency; enhanced transmission of monetary policy; greater independence...   Read More

Opinion: Souryabrata Mohapatra. Our climate vision demands a radical rethink: Balancing growth with sustainability while challenging global norms and pushing for equitable solutions. India, the world’s third-largest emitter of greenhouse gases, finds itself at the crossroads of development and environmental sustainability. The global approach to climate change, heavily focused on reducing carbon emissions through renewable...   Read More

Opinion: Souryabrata Mohapatra. India stands out as a beacon of hope, demonstrating unwavering commitment through innovative climate initiatives and sustainable practices. This year’s record spell of an intense heatwave in Delhi, during which temperatures touched 50°C, highlighted concerns over the adverse effects of climate change globally. India remains a beacon of hope through its actions...   Read More

Opinion: Barry Eichengreen. Sketching a reform agenda for the International Monetary Fund is easy; implementing reform is hard. It will require, among other things, the US to give up its veto in the institution, and China to assume more responsibility for global stability and the problems of other economies. AIX-EN-PROVENCE – In July 1944, exactly...   Read More

Opinion: Sonalde Desai and Purushottam Kulkarni. India proved that development is the best contraceptive. Now, we need to focus on adapting to the demographic destiny through careful planning. We’ve made the right choices, the next step is fixing the pieces of the population puzzle. There is often a gap between public posturing and private reality....   Read More

Opinion: Souryabrata Mohapatra. While exceeding solar power targets and promoting sustainable lifestyles, India grapples with financing gaps and policy implementation challenges. Net Zero plan: India is vigorously striving not only to cut greenhouse gas emissions but also to improve the quality of life for its people. Its diverse topography and ecosystems render it especially susceptible...   Read More

Opinion: Souryabrata Mohapatra & Sanjib Pohit As India stands on the cusp of an unprecedented political milestone with the Prime Minister poised to win a historic third term, the nation’s gaze shifts towards the ambitious vision of ‘Viksit Bharat’ (Developed India) by 2047. The cornerstone of the Viksit Bharat vision is achieving a $30 trillion economy by...   Read More

Opinion: Souryabrata Mohapatra & Sanjib Pohit. The goal of achieving energy independence by 2047 is a pivotal aspect of the Viksit Bharat vision and projections suggest that India is on its way to attain that vision. Currently, India imports 90% of its oil and 80% of its industrial coal, a dependency that exposes the nation...   Read More