NITI NCAER States Economic Forum Portal

rawan239

4 days ago

Launch: The Union Finance Minister launched the “NITI NCAER States Economic Forum” portal.
Development: A collaboration between NITI Aayog and the National Council of Applied Economic Research (NCAER).
Data Scope: Provides 30 years (1990-91 to 2022-23) of state-level data covering demography, economy, fiscal indicators, health, and education.
Four Key Components:
- State Reports: Macro and fiscal summaries for 28 states.
- Data Repository: Database categorized under demography, economic structure, fiscal indicators, health, and education.
- State Fiscal and Economic Dashboard: Graphical representations of key economic variables.
- Research and Commentary: Analysis of state finances and fiscal policy.
Significance:
- Benchmarking Tool: Facilitates comparison of states against each other and the national average.
- Policymaking Aid: Supports data-driven policy decisions with historical trends and real-time analytics.
- Centralized Research Hub: Provides a single platform for researchers, policymakers, and stakeholders to access consolidated long-term data.