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7th April 2025 (16 Topics)

NITI NCAER States Economic Forum Portal

Context

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.

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