Font size:
Print
‘NITI NCAER States Economic Forum’ Portal
Context:
Union Finance Minister Nirmala Sitharaman is set to launch a new portal, developed by NITI Aayog and the National Council of Applied Economic Research (NCAER), on April 1, 2025.
More on News
- The portal, titled the ‘NITI NCAER States Economic Forum’, will serve as a comprehensive repository for data on the finances of States in India.
- It will cover data spanning 30 years (1990-91 to 2022-23), focusing on various social, economic, and fiscal parameters.
Objective
The initiative is designed to address concerns about resource allocation and discrimination in the sharing of resources, offering transparent data that could be used to ensure better fiscal management and informed policymaking.
Components of the Portal
- State Reports: Summarises the macroeconomic and fiscal landscape of 28 Indian States, covering indicators on demography, economic structure, and socio-economic and fiscal aspects.
- Data Repository: Provides access to a complete database categorised into five verticals: demography, economic structure, fiscal, health, and education.
- State Fiscal and Economic Dashboard: Features graphical representations of key economic variables for easier understanding.
- Research and Commentary: Includes extensive research on State finances and fiscal policy, offering insights into financial management at both State and national levels.
Key Benefits
- The portal will help in understanding macroeconomic, fiscal, demographic, and socio-economic trends across States.
- It will offer easy access to data in a user-friendly format and allow comparison of data between States and with national figures.
- The portal aims to facilitate informed debates and discussions for policymakers, researchers, and others interested in State finances.
