NITI NCAER States Economic Forum Portal

NITI NCAER States Economic Forum Portal: Finance Minister Ms. Nirmala Sitharaman recently launched the “NITI NCAER States Economic Forum” portal.

  • About NITI NCAER States Economic Forum Portal: Developed by NITI Aayog, in collaboration with the National Council of Applied Economic Research (NCAER).

o It is a comprehensive repository of data on social, economic, and fiscal parameters, research reports, papers, and expert commentary on state finances from 1990-91 to 2022-23.

  • The portal comprises four main components:

o State Reports: Summarises the macro and fiscal landscape of 28 Indian States, structured around indicators on demography, economic structure, and socio-economic and fiscal indicators.

o Data Repository: Provides direct access to a complete database categorised under five verticals: Demography, Economic Structure, Fiscal, Health & Education.

o State Fiscal and Economic Dashboard: Presents graphical representations of key economic variables over time, with quick access to raw data via a data appendix and summary tables.

o Research and Commentary: Features in-depth research on State finances and key aspects of fiscal policy and financial management at both State and national levels.

  • The portal facilitates understanding of macro, fiscal, demographic, and socio-economic trends in a user-friendly format.