Introduction to NITI NCAER States Economic Forum Portal

  • NITI NCAER States Economic Forum Portal was recently launched by the Union Finance Minister.
  • This comprehensive portal has been developed in collaboration between NITI Aayog and the National Council of Applied Economic Research (NCAER). 

 

About the NITI NCAER States Economic Forum Portal

  • The portal is a comprehensive source of 30 years (1990–91 to 2022–23) of data on Indian states. 
  • It covers various areas such as demography, economy, fiscal indicators, health, education, and expert research on state finances.

 

Core Components of the Portal

  • The portal is made up of four main components: 
  •  State Reports: Comprehensive summary of 28 states' macro and fiscal situation including indicators in demography, economic structure, socio-economic and fiscal areas. 
  • Data Repository: Offers access to an extensive database categorized under five key verticals — Demography, Economic Structure, Fiscal Indicators, Health, and Education.
  • State Fiscal and Economic Dashboard: Provides graphical illustrations of key economic variables and easy access to raw data and summary tables.
  • Research and Commentary: Includes substantial research on state finances and important aspects of fiscal policy and financial management at the state and national levels.

 

Significance of the NITI NCAER States Economic Forum Portal

  • User-Friendly & Comparative Tool: This portal provides a comparative view of the states against each other and the national average. 
  • Aid for Policymaking: The portal supports evidence-based policymaking with historic trends and real-time analytics to aid in sound decision making. 
  • One-Stop Research Hub: It serves as a centralized platform for scholars, policymakers, and stakeholders, providing access to long-term data in a consolidated manner.