<![CDATA[NCAER-Macro]]> <![CDATA[Macro]]> https://www.ncaer.org/category_details.php?cID=14 Studies

Assessment of Alcohol Taxation, Affordability and Price Elasticity Patterns in India





The broad objective of the project is to estimate overall tax burden and elasticity of alcohol products for the last 10 years in 7 selected states (Delhi, MP, Sikkim, Maharashtra, Bihar, Karnataka, Himachal Pradesh) of India. To attain this goal, the research study involves undertaking the specific tasks: Reviewing of the state wise price mechanisms and structure of taxation across various types of alcohol products; Estimating the trend in sales, consumption, and affordability of different alcohol products for the last 10 years; Examining the price and tax elasticity of different alcohol products segregated by geography and socio-economic status; Estimating the cross-price elasticity between alcohol products; Analyze state wise increase in revenue in relation with increase in taxation for last 10 years; and, Provide an estimated incremental tax requirement for relative reduction in consumption of alcohol by 10 % by 2025.

Analysis of India's Logistics Costs





Before making any policy intervention, it is important to estimate the overall logistics costs, including the various associated components/elements in order to understand and identify the problem areas and arrive at meaningful solutions. This NCAER report symbolises a major step in the direction of quantification of logistics costs. Such an exercise, in fact, needs to be conducted at regular intervals for estimating and monitoring the performance indicators and accordingly identifying the areas that need intervention. Hitherto, no serious attempt had been made to carry out research using a proper methodological framework for quantifying the logistics costs being incurred in India. Albeit, some estimates of the logistics costs incurred in the country are available in the public domain. However, these costs cannot be validated due to the non-availability of a framework for their estimation procedures. This also necessitates more comprehensive research in the area of estimation of logistics costs in India. In this context, the Logistics Division, Ministry of Commerce, commissioned NCAER to undertake interlinked studies for addressing the following issues related to the logistics ecosystem of India: (a) Route Study: Time and cost analysis of cargo movement along major routes in the country; (b) Estimation of overall logistics costs in India; and (c) Organisation of a Policy Roundtable among stakeholders to identify and tackle the challenges being faced by this sector.

Research and Estimation of Macroeconomic Logistics costs





High Logistics Costs in India compared to countries with similar environment & state of development are matter of concern for manufacturing growth and comprehensive development of the country. Several reasons are often cited for high logistics costs namely, unfavourable policy regime, lack of multimodal transport system (heavy reliance on road transport), fragmented Storage infrastructure, presence of multiple stakeholders in the entire transport and storage value chain, poor quality of road and port infrastructure, and the absence of technology intervention at storage/transportation and distribution activities. The high cost of logistics affects the country’s competiveness in export and domestic markets. It is important to estimate overall logistics costs, including its various components/elements, so as to understand where problem are and the corresponding solutions. To meet the overall objective of understanding the cost of undertaking logistics in India, Logistics Division, Ministry of Commerce, has commissioned NCAER to undertake interlinked studies with the following objectives: (a) Cost analysis of cargo movement on major routes (Route Study); (b) Estimation of Macroeconomic logistics cost; and (c) A Policy Roundtable among stake-holders

Implement Digital Direct Benefit Transfers: A DBT Readiness Index for the States of India





Both the central and state governments in India operate a vast array of cash and in-kind transfers to protect its poor. But these social protection schemes often suffer from substantial leakages and poor targeting, distort market functioning by subsidising prices and thereby impose significant fiscal stress without commensurate social benefits. India is seeking to port these subsidies into direct-to-beneficiary transfers, often called Direct Benefit Transfers or DBT. Implementing DBT should be a means to an end, not only to reduce leakages in the Indian subsidy system, but also to ensure that the targeted poor and vulnerable in society get timely transfers at low cost in time and money. In the Indian context DBT readiness is the ability of states/UTs to pursue government to citizen (G2C) and government to bank/business solutions through the use of Information, Communication and Technology (ICT) viz. electronic transfer of cash or in-kind benefits from government to citizen or for effecting cashless in- kind transfers. Accurate targeting of beneficiaries due to Aadhar and biometric verification makes it feasible to avoid leakages due to ghost beneficiaries and to avoid leakages due to duplication errors . The DBT-Readiness of all Indian states and Union Territories (UTs) will be assessed both annually and quarterly by National Council of Applied Economic Research (NCAER) over the next three years starting from 2016 to 2018 based on annual surveys. The quarterly assessment will be based off a combination of primary and secondary data available or made available by state/UT governments. States/UTs will be ranked relatively using the annual surveys. The quarterly rankings will be based off absolute index, which will help track states/UTs their own growth over time. In addition to the overall DBT assessment of states and UTs, this survey undertakes DBT Readiness of 10 Central Schemes.

Macro-Econometric Modelling for India Incorporating Accounting of Centre-State Fiscal Systems for Finance Commission, GOI





The study will prepare a macro-fiscal framework for medium term projections and simulations of alternative scenarios keeping in view the issues that need to be addressed by the Finance Commission in light of Commission’s Terms of Reference.

Kerala Perspective Plan 2030





The Kerala Perspective Plan 2030 (KPP) is a State Board of Planning initiative that will serve as the basis for implementation of a series of initiatives aimed at fostering sustained growth of the economy. These initiatives will facilitate the Kerala economy to leapfrog and catch up with high income countries. It is organised into three volumes. While Volume I focuses on the broad macro-economic strategy, Volume II covers major economic sectors (agriculture and allied sectors, ICT, industry and tourism), utilities (energy and water) and infrastructure (urbanisation, transport and road, and rural development) of the economy. Finally, Volume III spread over 8 chapters focuses on cross cutting themes. These initiatives will facilitate the Kerala economy to leapfrog into catching up with high income countries.

Developing an Input-Output Table for Gujarat with new Green Industries





The objective of this study is to analyse job creation and growth potential of the state of Gujarat using both secondary and primary data sources through input-output modeling. The degree of impact of exogenous factors on output of a particular sector on all sectors through different multiplier effects is examined. Three of the most frequently used types of multiplier estimate the impacts of the exogenous changes on (i) outputs of the sectors in the economy (output multiplier), (ii) income earned by households because of the new outputs (income multiplier), and (iii) employment that is expected to be generated because of the new output (employment multiplier).

Macroeconomic Modelling of Emerging Scenarios for India's Twelfth Five Year Plan





The objective of this project is to analyze three alternative growth scenarios for the Twelfth Five Year Plan (2012–13 to 2016–17). These three scenarios present the expected GDP growth rates of the Indian economy under various policy actions and institutional and regulatory frameworks. The updated macro econometric model developed at NCAER was used to provide emerging scenarios. The results indicate that GDP growth rate is expected to be around 8 per cent for the Twelfth Five Year Plan period under the "flotilla" scenario, 5–6 per cent under the "muddling along" scenario and below 5 per cent under the "falling apart" scenario. The study also found that poverty reduction is expected to be high under the first scenario and would be low under the other two scenarios.

Regional Tourism Satellite Accounts for all States of India





The aim of the study is to prepare a set of 10 comprehensive tourism-specific tables/accounts, based on international guidelines. These tables will help in estimating the contribution of tourism to the 35 states and UTs of the Indian economy in terms of GDP and the employment it generates. The indirect contribution, using the input-output model,will also be taken into account.

Macroeconomic Modelling for the Eleventh Five Year Plan and Beyond





The objective of this project is to develop capacity for analysing issues on economic growth and welfare under a variety of policy choices in government spending in the provision of public goods and other measures that influence the course of the economy. The macro econometric model developed under the project has been used to provide simulation scenarios relating to impact of international oil prices, worsening global economic growth, a managed current account and fiscal balance and the impact of Middle East crisis on economic growth prospects of the Indian economy.

Publications

India Policy Forum 2018





This 15th India Policy Forum 2018 Volume comprises papers and highlights of the discussions at the two-day conference in New Delhi on July 10-11, 2018. The IPF is NCAER’s annual economic policy research conference that brings together academics, policymakers, industry representatives, media, and researchers for discussions on key issues of Indian economic policy.

Evaluation of India's Tele-Law Scheme





This NCAER study evaluates the Tele-Law Scheme of the Department of Justice, Ministry of Law and Justice, Government of India that links rural citizens with urban lawyers using ICT. The study provides a number of important insights on the operation and impact of the scheme and proposes a set of recommendations, especially in view of the potential national rollout of the scheme. The Central Government is setting up a CSC in each Gram Panchayat, making a national rollout technically feasible. The question this study answers is how best to configure the technical and professional services under Tele-Law to make them more accessible in a meaningful way for the needy. The study highlights the need for strong, last-mile outreach and education about the scheme at the local level. It points to the need for increasing the number of empanelled lawyers, especially as demand rises, or as a national rollout is considered. The study recommends a strong, continuous, monitoring and evaluation for the Tele-Law Scheme so that problems and constraints can be addressed rapidly on both the human and technical fronts in this innovative scheme.

The NCAER 2019-20 Mid-Year Review of the India Economy





NCAER’s Mid-Year Review of the Indian Economy (MYR) presents the most comprehensive, independent assessment of the Indian economy. The 2019-20 Review has been published in a longstanding partnership with the India International Centre (IIC), New Delhi.

MARGIN The Journal of Applied Economic Research





The Journal of Applied Economic Research (JAER) is a quarterly, peer-reviewed, international journal published by NCAER in New Delhi in conjunction with SAGE International. JAER publishes papers that pay special attention to the economics of emerging economies, but is open to high-quality papers from all fields of applied economics.

Analysis of India's Logistics Costs





Before making any policy intervention, it is important to estimate the overall logistics costs, including the various associated components/elements in order to understand and identify the problem areas and arrive at meaningful solutions. This NCAER report symbolises a major step in the direction of quantification of logistics costs. Such an exercise, in fact, needs to be conducted at regular intervals for estimating and monitoring the performance indicators and accordingly identifying the areas that need intervention. Hitherto, no serious attempt had been made to carry out research using a proper methodological framework for quantifying the logistics costs being incurred in India. Albeit, some estimates of the logistics costs incurred in the country are available in the public domain. However, these costs cannot be validated due to the non-availability of a framework for their estimation procedures. This also necessitates more comprehensive research in the area of estimation of logistics costs in India. In this context, the Logistics Division, Ministry of Commerce, commissioned NCAER to undertake interlinked studies for addressing the following issues related to the logistics ecosystem of India: *Route Study: Time and cost analysis of cargo movement along major routes in the country; *Estimation of overall logistics costs in India; and *Organisation of a Policy Roundtable among stakeholders to identify and tackle the challenges being faced by this sector.

India's Transporatation Performance Index





Globalisation has opened up economic opportunities for developing countries in the form of outflow of value-added services, low-cost raw materials , human resource skills, improved market access for their exports, efficiency gains in their economies through technology transfer and spill-over, and resource re-allocations. Consequently, various developing countries, including India, have increasingly begun to position themselves for greater participation in regional and global markets. It goes without saying that India needs to build its capacity for establishing linkages with global and regional markets for deriving the optimal benefits of engaging with the globalised world. This, in turn, depends on the creation of an efficient logistics system. For this purpose, most of the developed and emerging countries estimate logistics costs on a regular basis, and use performance indicators to measure the efficiency levels of logistics activities. In fact, it is imperative to measure these logistics costs to analyse where and how we stand vis-à-vis the competing countries in this sphere, and thereby enhance our competitiveness. Equally important is an identification of the factors that would facilitate a reduction in logistics costs.

Perceptions of Key Logistics Players





The high logistics costs in India as compared to those in countries that have similar business environments and are going through the same stage of growth is a matter of serious concern for both the country’s manufacturing sector and its comprehensive development as a whole. Several reasons are cited for the high logistics costs in India. These include an unfavourable policy regime, lack of a multimodal transport system and the consequent heavy reliance on road transport, fragmented storage infrastructure, the presence of multiple stakeholders in the entire transport and storage value chain, poor quality of road and port infrastructure, and the absence of technology intervention in storage/transportation and distribution activities. These high logistics costs inevitably have an adverse effect on the country’s competiveness in the globalised world.

Quantifying India's Logistics Costs





The prevalence of high logistics costs in India as compared to other countries with a similar environment and level of development is a matter of concern as it poses challenges for the manufacturing growth and comprehensive development of the country. Several reasons are cited for the high logistics costs in India, including an unfavourable policy regime, lack of a multimodal transport system and consequently the heavy reliance on road transport, a fragmented storage infrastructure, the presence of multiple stakeholders in the entire transport and storage value chain, poor quality of road and port infrastructure, and the absence of technological intervention in storage/transportation and distribution activities. These high logistics costs inevitably have an adverse effect on the country’s global competitiveness.

Subsidies, Merit Goods and the Fiscal Space for Reviving Growth: An Aspect of Public Expenditure in India





Budget subsidies have been defined as the unrecovered cost of economic and social services. The incidence of these implicit and explicit budget subsidies provided by the central and state governments has declined from about 12.9 % of GDP in 1987-88 to 10.3 % at present. The bulk of these subsidies is provided by the states and about half is spent on non-merit subsidies. The paper finds an inverse relationship between subsidy incidence and per capita income and also finds that subsidies are important determinant of the consumption of many public services though not all. There are large variations across states in the efficiency of subsidy use and the paper identifies the states which lie on the subsidy efficiency frontier for several key public services. The paper also argues that rationalisng non-merit subsidies is one of several deep fiscal reform measures that could together free up massive fiscal space, conservatively estimated at 6% of GDP, and outlines a proposal for using this fiscal space to finance an inclusive growth revival strategy that could simultaneously reduce the fiscal deficit even without raising any tax rates.

India Policy Forum 2017-18





This 14th India Policy Forum 2017–18 Volume comprises papers and highlights of the discussions at the two-day conference in New Delhi on July 11-12, 2017.

Events

How to leverage open government, research, and data to strengthen public policymaking in India

November 7, 2019



Around 100 participants from a diverse group of researchers, policymakers, civil society, representatives of international organizations and corporate sector attended this seminar co-hosted by NCAER and 3ie. The event was held in the new Conference Centre at NCAER offering world-class facilities. Participants working on development economics, impact evaluation and for the government as well as technology sector discussed on a variety of topics on how to leverage open government, data and research to strengthen public policymaking in India.

Mid-Year Review of the Economy 2017-18

November 11, 2017



In a long standing partnership with the India International Centre, NCAER released its 2017-18 Mid-year Review (MYR) of the Indian Economy, at the India International Centre, New Delhi. The MYR presents the most comprehensive, independent assessment of the Indian economy.

Malcolm Adiseshiah Mid-Year Review of the Indian Economy 2017-18

November 11, 2017

Book Launch: The 21st Century: Asia's?

November 8, 2017



The launch of the latest NCAER book, “The 21st Century: Asia’s?", by Rajat Nag took place at the India International Centre today. The book is based on five lectures delivered by Nag at NCAER. In these lectures, Mr Nag shared his insights and experiences garnered during his long years of work on development issues in Asia.

The 5th C D Deshmukh Memorial Lecture 2017

January 27, 2017



Dr Vijay Kelkar delivered NCAER's 5th C D Deshmukh Memorial Lecture 2017 at the Nehru Memorial Library Auditorium, Teen Murti Bhavan, in New Delhi. Dr Kelkar spoke on his Reflections on the Art and Science of Policymaking. The distinguished audience included eminent economists, civil servants, industry analysts, media and a large number of students. Dr Bimal Jalan, former President of NCAER’s Governing Body and former Governor of the Reserve Bank of India, was the evening’s Guest of Honour.

Investor-friendly India: How are India's States Faring? A NCAER-PRI Dialogue

December 20, 2016



NCAER organized an NCAER-PRI video-dialogue, the third in the series of an on-going dialogue with PRI. The theme of the dialogue was India’s investment climate and focused particularly on India’s states. PRI, the Policy Research Institute in Japan, is affiliated with the Japanese Ministry of Finance. The Dialogue follows two earlier video-dialogues in February and June 2015 and is part of the work envisaged by NCAER and PRI to foster joint work and greater collaboration in enhancing economic relations between Japan and India.

Measuring Money: Using Divisia Monetary Aggregates to avoid Policy Mishaps

November 22, 2016



In this seminar held at NCAER, a presentation by Dr Soumya Bhadury, Associate Fellow at NCAER explored the potential role of Divisia monetary aggregates in the Indian context, including how better data can assist the new Monetary Policy Committee decision-making process. Besides, explaining the Divisia aggregates, Soumya explained in detail the experiences of the European Central Bank and the central banks of Poland, the United Kingdom, and the United States after their adoption of such aggregates.

Global Financial Stability in the Age of Low Growth and Interest Rates: What is New?

November 1, 2016



A low-growth, low-rate era, accompanied by increased political and policy uncertainty, is creating many challenges for policymakers, banks, and corporates in all parts of the world. In this seminar, Dr Ratna Sahay, Acting Director of the IMF’s Monetary and Capital Markets Department, presented the key findings of the IMF’s October 2016 Global Financial Stability Report that analyses these challenges and offers solutions for fostering stability.

Training Workshop on proposed Impact Assessment Study of Digital India Land Records Modernization program (DI-LRMP)

September 27, 2016



NCAER organized a training workshop for the proposed Impact Assessment Study of Digital India Land Records Modernization program (DI-LRMP), as a follow up to an earlier preparatory meeting held on 30 August, 2016. The workshop was conducted by Deepak Sanan who is the technical advisor for this proposed study and was chaired by Prof. D B Gupta, a Senior Consultant at NCAER.

The India Policy Forum Lecture 2016

July 12, 2016



Dr Arvind Subramanian, Chief Economic Advisor, Government of India delivered the India Policy Forum Lecture 2016. He spoke on India and the “India and the Global Economy Post-Brexit”.He also released NCAER’s 2015-16 India Policy Forum volume on this occasion.

Researchers

Bornali Bhandari



Bornali Bhandari is a Senior Fellow at NCAER with a background in international economics and macroeconomics, specifically focusing on the impact of globalisation on development. Currently she is engaged in analysing and assessing the progress and prospects of implementing Direct Benefit Transfers in states and Union Territories. Her wider research interests include analysis of skilling from a 3-E perspective (education, employability and employment), infrastructure, particularly the roads and ICT sectors, G-20 issues like climate change financing and reserve currency, FDI and trade-related issues. She also oversees the production of NCAER’s macro publications, the Quarterly Review of the Economy, and Quarterly Business Expectations Survey. 

 

Bornali received her PhD in Economics from the University of Oregon, Eugene, USA.

 

Shashanka Bhide



Dr Shashanka Bhide is a Senior Advisor, Research Programmes, at NCAER. He was associated with NCAER from 1982 to 2014 in different capacities. After leaving NCAER in July 2014, he took up the position of Director, Madras Institute of Development Studies, Chennai until his retirement in December 2018. His research has covered a number of areas in agriculture, macroeconomic modelling, infrastructure and poverty analysis. He has published extensively, including co-authoring and editing books and journal articles in these fields. Shashanka currently also serves as a member of the Monetary Policy Committee (MPC) of RBI and Board of Governors of the Institute for Social and Economic Change in Bangalore.

Madhura Dasgupta



Madhura  joined NCAER  after completing her PhD in economics from the State University of New York at Buffalo. Her interests are both in macro and micro work and cover public economics, economic development and growth, applied microeconomics and macroeconomics, and computational economics. She has experience in working with large panel data sets, multivariate linear and logistic regression, IV estimation analysis, time series analysis and forecasting, and computational modelling. Her PhD dissertation on the “Private Provision of Public Infrastructure: Growth and Welfare Implications,” builds on both the theory and empirics of the private provision of public goods.  She uses a model of incomplete contracting between the government and the private sector to analyze how such private investment and the allocation of ownership rights affect the degree of economic efficiency. 

D B Gupta



D B Gupta is currently a Senior Adviser at NCAER. He was associated with the Institute of Economic Growth (IEG), New Delhi; National Institute of Public Finance and Policy (NIPFP), New Delhi; the World Bank; and the Government of India as an adviser to the Planning Commission and Department of Family Welfare. He has held several honorary chairs and visiting faculty positions to institutes in India and abroad. His primary areas of interest include health economics, environmental economics, urban development, housing, Indian industry and developmental economics. He holds a PhD in Economics from the University of Birmingham, England.

Charu Jain



Dr Charu Jain is an Associate Fellow at NCAER. Prior to this she had worked at TNS India Ltd and PHD Chamber of Commerce and Industry (PHDCCI), New Delhi. Her areas of research interest include socio-economic issues, gender and educational studies, consumer studies and developmental changes. She has worked in the area of large scale consumer studies, industrial surveys, housing studies, agriculture and macro-economic policy issues. Her current research focuses on the agricultural outlook and handloom sector. She received her PhD in Economics from School of Social Sciences (SOSS), Indira Gandhi National Open University (IGNOU), New Delhi.

Rajesh Kumar Jaiswal



Rajesh Kumar Jaiswal, Fellow at NCAER. He has been the Principal Investigator for an evaluation study of MGNREGA by the Planning Commission. His expertise is survey-based research in the social sector with strong skills in qualitative research methods.  

K P Krishnan



Dr K P Krishnan is the IEPF Chair Professor in Regulatory Economics. The Chair has been established with the support of the Investor Education and Protection Fund Authority of the Government of India.  Dr Krishnan leads a group focused on research and policy outreach in the broad area of regulatory and public economics, including concerns about investor protection and financial sector reforms, land policy and records, public finance and public administration, and law, economics, and justice.  


Before his retirement from public service in December 2019, Dr Krishnan was the Union Secretary in the Ministry of Skill Development and Entrepreneurship.  Prior to that he was Special & Additional Secretary, Department of Land Resources, Ministry of Rural Development; Additional Secretary, Department of Economic Affairs (DEA), Ministry of Finance; Principal Secretary, Department of Personnel & Administrative Reforms in the Government of Karnataka (his parent cadre); Secretary to the PM’s Economic Advisory Council in New Delhi; Joint Secretary, DEA; Secretary Finance in Karnataka; Advisor to the Indian ED at the World Bank, Dr Bimal Jalan; and a number of other positions after joining the Indian Administrative Service in the 1983 batch. 


Trained in economics, finance, and law, Dr Krishnan has chaired or served as a member of several Government of India committees, including the Krishnan Committee on Cross Border Insolvency Rules/Regulation Committee, the Krishnan Committee on Comprehensive Regulation of Credit Rating Agencies, the T K Viswanathan Committee on Reform of Bankruptcy Laws in India; the Rangarajan High-level Expert Committee on Efficient Management of Public Expenditure; High-level Coordination Committee on Financial Markets chaired by the RBI Governor; and the Rajan Committee on Financial Sector Reforms.


Professor Krishnan has taught as a visiting professor at the Indian School of Business, at Ashoka University, as BOK Visiting International School Professor of Regulation at the University of Pennsylvania Law School, and he regularly lectures at the Lal Bahadur Shastri National Academy of Administration in Mussorie.  He has published on a range of public policy issues in books, journals, and the mainstream media. Dr Krishnan holds a B.A. (Hons) in Economics from St Stephen’s College and an LL.B. degree from the University of Delhi, an M.A. in Economics from the University of Mysore, and a FPM/Ph.D. in Economics & Finance from the Indian Institute of Management, Bangalore. 

Sumit Kumar

Sudipto Mundle



Sudipto Mundle is a Distinguished Fellow at NCAER. Formerly, he was an Emeritus Professor at the National Institute of Public Finance and Policy, New Delhi. He serves on several corporate and other boards. He was also a member of the Fourteenth Finance Commission, the erstwhile Monetary Policy Advisory Committee of the RBI  and the National Statistical Commission, where he also acted as Chairman. 

 

He spent much of his career at the Asian Development Bank, Manila, from where he retired as a Director in the Strategy and Policy Department in 2008. In his earlier career in India he served in several academic institutions including the Indian Institute of Management, Ahmedabad, the Centre for Development Studies, Trivandrum, and NIPFP, New Delhi, where he was the Reserve Bank Chair Professor. He has had visiting assignments at Yale University, USA; Cambridge University, UK; the Institute of Social Studies at the Hague and the Japan Foundation, Tokyo. He was also an economic adviser in India’s Ministry of Finance from 1986 to 1989. His current research interests include development economics, macroeconomic policy and modelling, public expenditure policy and governance. 

 

Poonam Munjal



Poonam Munjal is a Senior Fellow at the NCAER. She has worked on a wide variety of studies, including the N-SIPI investment index, tourism satellite accounts, impact of investment in housing sector and a number of research studies based on input-output models. Previously, she worked as an Associate Director at PricewaterhouseCoopers Pvt Ltd. and as an Economist in the Economic Research Team of CRISIL Ltd. Her research work has been in the area of macro-economic analysis, tourism economy, national and regional tourism satellite accounts, input-output modelling, social accounting matrix, inter-industry linkages, labour market analysis, and analyses of large sample surveys to draw socio-economic linkages.

Prerna Prabhakar



Prerna Prabhakar is Associate Fellow at NCAER. Her primary areas of research include international economics and land related issues.  At NCAER, she has been part of the research team for conducting a pilot impact assessment exercise of the Digital India-Land Records Modernization Programme, a Government of India programme to modernise land records in India. Her other assignments involve work on the NCAER State Investment Potential Index (NSIPI), 2017 and 2018 editions. Her current research interests pertain to land institutions and its linkages with the economy and hence the influence on the global competitiveness.  

Prerna has a PhD in International Trade from the Department of Business Economics, University of Delhi, and MSc in Economics from TERI School of Advanced Studies.

 

Devender Pratap



Devender Pratap is a Fellow at NCAER. His current research interests include trade policy analysis/CGE modelling, GTAP database, social accounting matrix, input output analysis, construction of base-run for CGE modelling, macro-econometric modelling and agricultural/livestock economy. At NCAER, he has handled three major CGE models in single-country and multi-country frameworks. He has also been involved in the NCAER survey of agricultural markets in India.  

M Govinda Rao



M. Govinda Rao is a former member of the 14th Finance Commission and Non-resident Senior Fellow, NCAER. He was earlier the Director of the National Institute of Public Finance and Policy and is now an Emeritus Professor there.His past positions include Director, Institute for Social and Economic Change (1998-2002) and Fellow, Research School of Pacific and Asian Studies, Australian National University, Canberra, Australia and Professor at NIPFP. He was a Member of the Economic Advisory Council to the Prime Minister of India; a Member of Financial Sector Legislative Reforms Commission and High Level Expert Committee on Universalising Healthcare, Member, High-Level Expert Committee on Efficient Management of Public Expenditure, Advisory Group of Eminent Persons to advise the Finance Minister on G-20 matters. His past advisory roles include Chairman of the Committee for the Implementation of Value Added Tax and Chairman, Expert Group on Taxation of Services. He is a Member, Board of Governors in Institute of Economic Growth, Institute for Social and Economic Change and Madras School of Economics. Dr Rao’s research interests include fiscal decentralization and federalism, state and local finances, tax policy and reforms, public expenditure management.

K A Siddiqui



K.A. Siddiqui is a Senior Fellow at NCAER with a background in Input-Output Modelling, macroeconomics and large scale primary studies. He has developed a user-friendly dashboard using data of NCAER’s National Survey of Households on Income and Expenditure. In the past, he has worked on various studies related to Tourism Satellite Account, Social Accounting Matrix, Informal economy and labour market analysis.

Anushree Sinha



Anushree Sinha, Professor, joined NCAER in 1989 and has held several positions since then. Before assuming her current position, she was NCAER’s Principal Economist during 2001-2003.  She worked in macro- economic analyses including Macro Forecasting Modelling at NCAER. In her current research she uses general equilibrium frameworks to analyse the impact of policies and external economic shocks on the social sector including the informal and female workers. She is a post- doctorate from the Department of International Development, University of Oxford and has been a Fulbright-Nehru Lecturing Professor at Rutgers during 2013-14.

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