The government launched the “NITI NCAER States Economic Forum” portal.
About
The portal is a comprehensive repository of data on social, economic and fiscal parameters, research reports, papers, and expert commentary on State Finances for a period of about 30 years (i.e 1990-91 to 2022-23).
It has been developed by NITI Aayog, in collaboration with the National Council of Applied Economic Research (NCAER).
Components: The forum consists of four primary components:
State reports, which offer in-depth analysis of various fiscal and economic indicators at the state level
Data repository, a consolidated database of social, economic, and financial parameters providing historical trends and patterns
State fiscal and economic dashboard, a visual and analytical representation of state finances to allow easy comparisons and insights
Research and commentaries, featuring expert insights, academic research, and policy discussions focused on state-level economic and fiscal issues.
Significance:
NITI NCAER States Economic Forum will be beneficial in the availability of authentic data.
The portal will help States to make more meaningful interventions, raising revenues, managing debts and learning from peer experiences.