NCAER Annual Report 2005

Annual Report 20052006
NCAERs Golden Jubilee: 19562006
The NATIONAL COUNCIL OF APPLIED ECONOMIC RESEARCH (NCAER) was formally inaugurated by the then President of India, Rajendra Prasad, on December 18, 1956. Its creation formed part of a broader effort to strengthen Indias institutional competence in economics. The Councils original Governing Body included leading figures from both public and private sectors: John Mathai, C.D. Deshmukh, T.T. Krishnamachari, V.T. Krishnamachari, Ashoka Mehta, J.R.D. Tata, John F. Sinclair and N.R. Pillai. Initial financial support was provided by the Ford Foundation which has continued to support the Council over the years. The first DirectorGeneral, P.S. Lokanathan, took over the post after serving the Economic Commission for Asia and Far East as its first Secretary-General. The bulk of the Councils revenue comes from studies done on contract for sponsors in Government, the development community and the private sector. While all studies are managed by NCAERs senior staff, they are often conducted in partnership with other organisations and individuals, located both in India and abroad. Today, NCAER has links with major policy research institutions and universities outside India including the National Bureau of Economic Research, Cambridge (Mass.), USA; the Brookings Institution, Washington DC; Centre for Economic Policy Research, London; University of Maryland, College Park, MD and the University of Oxford. The NCAER work programme is currently divided into four broad research groupings:
Growth, trade and economic management Investment climate, physical and economic infrastructure Agriculture, rural development and resource management Household behaviour, poverty, human development, informality and gender
A broad theme that flows through the Councils research activities is the progress of Indias economic reform programme and its impact on agriculture, industry and human development. Mr. Suman K. Bery, the current Director-General, assumed charge on January 1, 2001. He was earlier with the World Bank in Washington D.C. where he held a number of positions concerned with economic research and analysis. Between 1992 and 1994, Mr. Bery was based in Mumbai as Special Consultant to the Governor of the Reserve Bank of India (RBI). The theme underpinning of the Golden Jubilee celebration is The Role of Applied Economic Research in Post-Independence India and a special volume on this has been commissioned.
Annual Report 20052006
NATIONAL COUNCIL OF APPLIED ECONOMIC RESEARCH
August 2006 Published by Rajesh Chadha Senior Counsellor [Operations] and Secretary National Council of Applied Economic Research Parisila Bhawan, 11 Indraprastha Estate, New Delhi 110 002
T E
+91 11 2337 986163 F +91 11 2337 0164 infor@ncaer.org W www.ncaer.org
Contents
LIST OF ABBREVIATIONS THE INSTITUTION

THE GOVERNING BODY FOUNDER MEMBERS THE GENERAL BODY
iv
1 2 2 5
DIRECTOR-GENERALS REPORT ACTIVITIES 200506

PUBLICATIONS PUBLIC AFFAIRS RESEARCH PROGRAMMES GROWTH, TRADE AND ECONOMIC MANAGEMENT INVESTMENT CLIMATE, PHYSICAL AND ECONOMIC INFRASTRUCTURE AGRICULTURE, RURAL DEVELOPMENT AND RESOURCE MANAGEMENT HOUSEHOLD BEHAVIOUR, POVERTY, HUMAN DEVELOPMENT, INFORMALITY AND GENDER
11 17 21 25 33 37 41
FINANCES 200506
ANNUAL ACCOUNTS 200506
47 67
APPENDIX I: ACTIVITIES OF SENIOR STAFF APPENDIX II: RESOURCES

STAFF COMPOSITION LIBRARY COMPUTER CENTRE
75 79 81
CONTENTS
III
Abbreviations/Acronyms
ACIAR ADB AFMI AIMA AoA APEDA APL ARIS ASSOCHAM BCI BITS BPL CCI CDPOs CEAs CEPR CGE CICs CII CPRC CSIR CSO CUTS DDA DEA DELs DEPB DFID DIT DNA DRDO DWCD ECARES ECCP EPS EU
Australian Centre of International Agricultural Research Asian Development Bank American Federation of Muslims of Indian Origin All-India Management Association Agreement on Agriculture Agricultural and Processed Food Export Development Authority Above Poverty Line Additional Rural Income Survey Associated Chambers of Commerce and Industry Business Confidence Index Birla Institute of Technology and Science Below Poverty Line Competition Commission of India Child Development Project Officers Committee on Economic Affairs Centre for Economic Policy Research Computable General Equilibrium Community Information Centres Confederation of Indian Industry Chronic Poverty Research Centre Council for Scientific and Industrial Research Central Statistical Organisation Consumer Unity and Trust Society ( Jaipur) Delhi Development Authority Development of Economic Affairs Direct Exchange Lines Duty Entitlement Pass Book (scheme) Department for International Development (U.K.) Department of Information Technology (Govt. of India) Daily News and Analysis Defence Research and Development Organisation Department of Women & Child Development (Govt. of India) European Centre for Advanced Research in Economics and Statistics Europe- India Cross Cultural Programme Electronic Payment System European Union
IV
NCAER ANNUAL REPORT 20052006
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FDI FICCI FPAC FTA GDP HDFC HDI HPCL IAMR IASSI ICAI ICRIER IEG IMFL INSA IOT IPF IRR IWT JETRO JKP JSG LPG METI MISH NACO NARS NAS NATP NBER NIC NIPFP NORAD NSHIE NSSO O&M OECD ORS PDS PER PHDCCI PPAC REDS RITES SAM SANEI
Foreign Direct Investment Federation of Indian Chambers of Commerce and Industry Fiscal Policy Analysis Cell Free Trade Agreement Gross Domestic Product Housing Development Finance Corporation Human Development Index Hindustan Petroleum Corporation Limited Institute of Applied Manpower Research Indian Association of Social Sciences Institutions Institute of Chartered Accountants of India Indian Council for Research on International Economic Relations Institute of Economic Growth India-Made Foreign Liquor Indian National Science Academy (New Delhi) Input-Output Table India Policy Forum Incremental Rate of Return Inland Waterways Transportation Japan External Trade Organisation Jan Kerosene Pariyojana Joint Study Group Liquefied Petroleum Gas Ministry of Economy, Trade and Industry (Govt. of Japan) Market Information Survey of Households National AIDS Control Organisation National Agricultural Research System National Accounts Statistics National Agricultural Technology Project National Bureau of Economic Research (Cambridge, MA, USA) National Informatics Centre National Institute of Public Finance and Policy (New Delhi) Norwegian Agency for Development Cooperation National Survey of Household Income and Expenditure National Sample Survey Organisation Organisation & Management Organisation for Economic Cooperation and Development Oral Rehydration Solution Public Distribution System Poverty and Economic Policy Punjab, Haryana and Delhi Chamber of Commerce and Industry Petroleum Planning and Analysis Cell Rural Economic and Demographic Survey Rail India Technical and Economic Services Ltd. Social Accounting Matrix South Asia Network of Economic Research Institutes
ABBREVIATIONS/ACRONYMS
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SBI SDP SKO TERI TES TRIMs TSA UNDP USAID USOF UT VPTs WHO WTO
State Bank of India State Domestic Product Superior Kerosene Oil Tata Energy and Resources Institute Techno-Economic Surveys Trade Related Investment Measures Tourism Satellite Account United Nations Development Programme United States Agency for International Development Universal Service Obligation Fund Union Territory Village Public Telephones World Health Organisation World Trade Organisation
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The Institution
THE GOVERNING BODY* The Governing Body met four times during 200506: on April 11, July 20, November 22, 2005, and March 30, 2006. The General Body met on July 20, 2005. President Bimal Jalan Vice President M.S. Verma Secretary Rajesh Chadha Members Shankar N. Acharya
Ex-Chairman, Telecom Regulatory Authority of India and State Bank of India
Senior Fellow and Senior Counsellor (Operations) and Secretary
Honorary Professor and Member, Board of Governors, Indian Council for Research on International Economic Relations (ICRIER), New Delhi Isher J. Ahluwalia Chairperson, Board of Governors, Indian Council for Research on International Economic Relations (ICRIER), New Delhi Mukesh D. Ambani Chairperson, Reliance Industries Ltd., Mumbai Suman K. Bery Director-General, NCAER, New Delhi (ex-officio) Surjit S. Bhalla Managing Director, O(x)us Investments Pvt. Ltd., New Delhi Tarun Das Chief Mentor, Confederation of Indian Industry (CII), New Delhi Yogesh C. Deveshwar Chairperson, ITC Ltd., Kolkata Ashok Jha Secretary, Economic Affairs, Ministry of Finance, Government of India (ex-officio) Ashok S. Ganguly Chairperson, ICICI One-Source Ltd., Mumbai K.V. Kamath Managing Director and CEO, ICICI Bank Ltd., Mumbai Naina Lal Kidwai Chief Executive Officer, Hongkong and Shanghai Banking Corporation, Mumbai Anand G. Mahindra Managing Director and Vice-Chairperson, Mahindra & Mahindra Ltd., Mumbai R.A. Mashelkar Director-General, Council for Scientific and Industrial Research (CSIR), New Delhi Kiran Mazumdar-Shaw Chairperson & Managing Director, Biocon India Ltd., Bangalore Rakesh Mohan Deputy Governor, Reserve Bank of India Rohini Nayyar Ex-Senior Consultant, Planning Commission, New Delhi Deepak S. Parekh Chairperson, Housing Development Finance Corporation Ltd. (HDFC), Mumbai Rajendra S. Pawar Chairperson, National Institute of Information Technology (NIIT), New Delhi
* As on August 1, 2006.
THE INSTITUTION
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FOUNDER MEMBERS J.R.D. Tata N.R. Pillai C.D. Deshmukh T.T. Krishnamachari THE GENERAL BODY* Life Members Subir Gupta S.M. Wahi D.N. Patodia Patron Members Bata India Ltd. DCL Polyesters Ltd. ICICI Bank Ltd. State Bank of India John Mathai V.T. Krishnamachari J.F. Sinclair Ashoka Mehta
Special Member New Zealand High Commission, New Delhi Corporate Members 1. A.F. Ferguson & Company 2. Asian Development Bank 3. Associated Chambers of Commerce and Industry 4. Bank of Baroda 5. Bharat Petroleum Corporation Ltd. 6. Confederation of Indian Industry 7. Central Electricity Regulatory Commission 8. Crompton Greaves Ltd. 9. Eicher Goodearth Ltd. 10. E.I.D. Parry (India) Ltd. 11. Federation of Indian Chambers of Commerce and Industry 12. V. Malik and Associates, Chartered Accountants 13. Godfrey Philips India Limited 14. Godrej and Boyce Manufacturing Co. Ltd. 15. Hindalco Industries Ltd. 16. ICI India Limited 17. ICRA Ltd. 18. Indian Banks Association 19. Industrial Development Bank of India
20.Insurance Regulatory and Development Authority 21. Kirloskar Oil Engines Ltd. 22. Kochi Refineries Ltd. 23. Life Insurance Corporation of India Ltd. 24. Mahindra & Mahindra Ltd. 25. Mineral and Metal Trading Corporation of India Ltd. 26. Murugappa Management Services Ltd. 27. National Dairy Development Board 28. National Mineral Development Corporation Ltd. 29. PCP Chemicals Private Ltd. 30. Pepsi Foods Private Ltd. 31. Population Council for South and East Asia 32. Punjab National Bank 33. Punjab University 34. PHD Chamber of Commerce and Industry 35. Rail India Technical and Economic Services Ltd. (RITES) 36. Sakthi Sugars Ltd. 37. Shell India Private Ltd.
* As on March 31, 2006.
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38. 39. 40. 41.
Standard Chartered Bank Tata Consultancy Services Tata Iron and Steel Company Ltd. Tata Power Company Ltd.
42. Telecom Regulatory Authority of India 43. Valsad District Co-operative Milk Production Union 44. XLO India Ltd.
Ordinary Members 1. D.R. Agarwal 2. M. Balasubramaniam 3. Birla Institute of Technology and Science (BITS) 4. Central Leather Research Institute 5. R.T. Doshi Number of Members
6. EPW Research Foundation 7. Global Business Park 8. Vikram Kumar 9. Martin and Harris Pvt. Ltd. 10. Rajan S. Talekar
March 31, 2005 Corporate members paying Rs. 5,000/per annum Ordinary members paying Rs. 500/per annum Patron members paying a one-time subscription of Rs. 1 lakh Special members paying a one-time subscription of Rs. 1 lakh Total Total fees received 48 13 4 1 66 Rs. 2,40, 000
March 31, 2006 44 10 4 1 59 Rs. 2, 25, 000
THE INSTITUTION
THE FIRST PRIME MINISTER OF INDIA, PANDIT JAWAHARLAL NEHRU, LAYING THE FOUNDATION STONE OF THE COUNCIL'S BUILDING IN 1959
THE NCAERS FOUNDATION STONE IN ITS GOLDEN JUBILEE CELEBRATION YEAR
Director-Generals Report
THE GOLDEN JUBILEE 200607 is being commemorated as NCAERs Golden Jubilee. Preparing for these celebrations has stimulated a valuable review of the origins and purposes of the Council. It has also prompted an assessment in the Governing Body and among the senior staff of what has endured, what has changed, and how to keep the Council relevant to serve India in the coming decades. I am happy to say that the tradition of wide support from government, industry, and academia for NCAER continues, as a glance at the composition of the current Governing Body will indicate. I am particularly grateful for the exceptional support that has been provided by the President, Dr. Bimal Jalan, the Vice-President, Mr. M.S. Verma, and others in the Governing Body in planning and implementing our Golden Jubilee activities. I feel honoured and privileged to be the Director-General of the Council at this important milestone. It coincides with the start of my second term, and I am grateful to the members of the Governing Body for their continued trust in me. While the Council was provided a handsome initial grant of both money and land by the Ford Foundation and the Government, there was concern from the outset to establish and to preserve the intellectual independence of the Council, as well as to ensure the practical orientation of the Councils work programme. Accordingly, it was expected that the Council would be substantially financed through fees for its analyses and advice. This
pattern has endured through the five intervening decades; even today, 50 years later, revenue from projects (and seminars) accounts for some 90 per cent of our total revenue of Rs. 11.5 crore. The NCAER of 2006 remains true to the vision of its founders; we continue to believe that diversified support is the best guarantee of both accountability and independence. Yet experience has shown that high reliance on project revenue alone creates difficulties in building and retaining capacity. Accordingly, since the early 1990s, my predecessors and I have aimed to supplement project revenue with corpus (and other untied grant income) to provide a necessary anchor for sustaining capacity and building scale in the Councils activities. Under the McKinsey-led review of the Council in 2001, it was suggested that we should aim for at least 30 per cent of our work to be endowment-supported. In reviewing past Annual Reports, I find that this was also a target enunciated in 1996 by my immediate predecessor, Dr. Rakesh Mohan. This remains a benchmark toward which we continue to work, both in raising our endowment and improving its management. Accordingly, as part of the Golden Jubilee effort, we are taking a fresh look at our investment policies, as per regulations applicable to non-profit organisations. Two other long-standing characteristics of the Council are its capacity for large-scale data-collection and its relatively large size. I am indebted to my illustrious predecessor, Dr. I.Z. Bhatty, for his recollections on how
DIRECTOR-GENERALS REPORT
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these features came to be. He points out that the Council was created at the start of the Second Five-Year Plan, which was Indias first serious effort at planned development. The need to plan imposed a burden on the States for which they were unprepared. The result was a series of techno-economic surveys (TES) for individual States undertaken by the newly-formed NCAER. Because the TES had to be done for all States in a hurry, the size of the Council enlarged rather rapidly. NCAERs subsequent entry into the area of large-scale household surveys further determined the Councils scale. In the 1950s and 1960s, the fundamental development task was to raise the investment rate. Sustainable financing entailed a corresponding rise in domestic savings. At the time, there was no reliable information on household incomes and savings at the national level, especially in respect of rural households. NCAERs allIndia surveys provided some of the earliest direct estimates of household incomes, savings and consumption, and helped to establish the Councils capacity for large-scale household surveys, which has been one of its hallmarks over the years. NCAER was a pioneer in the field leading the way for subsequent official exercises by the Reserve Bank of India and others. Given the preference of the Governments National Sample Survey Organisation (NSSO) to collect information on consumption rather than income, such systematic information as exists on income (and income distribution) in India, particularly rural India, has in general been generated through NCAERs various surveys over the years. Indeed, in some ways we have returned to our roots as the current round of the Market Information Survey of Households (MISH) has been extended to provide fuller data on household incomes than in the past. I am grateful to Dr. N.S. Sastry, former DirectorGeneral of the NSSO for his expertise and wise counsel in assisting us in this matter. This
symbolises the cordial, professional relationship that the NCAER and the NSSO have established over the years. These initial studies helped NCAER establish a capacity for organising large-scale surveys with greater flexibility than was possible for the NSSO, while respecting academic standards for management of both sampling and non-sampling errors. This capacity has been used over the years to provide fundamental information in areas as diverse as the dairy sector, household consumption of energy, the fertiliser sector and the like. A landmark study in the early 1970s was the multi-round Additional Rural Income Survey (ARIS) designed to capture the impact of the Green Revolution on rural welfare. Follow-up surveys of the same households periodically over the next 35 years (including a round currently being collected) have provided a matchless longitudinal resource for understanding rural development and economic change over the bulk of the Councils existence. A glance at the Annual Reports from as far back as the early 1960s shows much continuity with the Councils work today. The continued focus on savings and consumption has already been noted, but there was an equally strong focus on infrastructure and energy which continues. A large number of studies forecasting demand for consumer goods find their echo in our ongoing work on consumer markets. The array of sponsors as between Government, private sector and international bodies is also quite similar to today. As I indicated in last years message, our international contacts are, at present, extremely vibrant. It is instructive to find that there was a steady stream of international academics even in the early 1960s. Indeed, in certain other respects such as revenue from publications and staff training and development, the Council of the early 1960s was perhaps even more advanced than that of today. In sum, the NCAER today is a continuing
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testament to the energy and foresight of a diverse group of leaders in a young nation who had a belief in the importance of empirical analysis as a basis for sound decisions in both the public and private spheres. It was a vision born of the confidence that India was destined to be a serious and important nation in the world, which deserved institutions of this stature. It is fortunate that the Councils Golden Jubilee is taking place at a moment when Indias horizons seem limitless and when confidence is once again widespread. Our Golden Jubilee celebrations are accordingly an opportunity to salute the vision of our predecessors, to acknowledge the continuing validity of the model they created, and to upgrade our capacity to be of service to the nation in the exciting times that lie ahead. Academic Highlights The Councils capacity for large-scale data collection was demonstrated in many contexts in 200405. We were honoured by the Prime Ministers launch of the India Science Report commissioned by the India National Science Academy (INSA) in a ceremony at Vigyan Bhavan. I would like to thank our Governing Body Member, Dr. R.A. Mashelkar, current President of INSA, for providing this visibility to our work. In his remarks at the launch, and in subsequent statements, the Prime Minister has repeatedly referred to the findings of the study, particularly on the declining interest in science studies as students enter higher classes. These results were based on a large survey designed by NCAERs staff in consultation with INSA, which drew upon international best practice in science surveys. Earlier, work to capture data on domestic tourism led to a further assignment from the Ministry of Tourism to assemble Indias first Domestic Satellite Accounts an exercise coordinated by NCAER with advisory input by a broad range of statistical agencies including the RBI and the Central Statistical
Office (CSO). The NCAERs methodology and sample design for capturing domestic travel was hailed by the World Tourism Organisation as a model for other developing countries. NCAER was requested by the Ministry of Petroleum and Natural Gas to undertake a major study of household distribution of Superior Kerosene Oil (SKO). SKO is an important household fuel used for both lighting and heating. It is provided through the public distribution system (PDS) at below market prices by the Union Government, with the ultimate responsibility for distribution and pricing resting with State Governments. The NCAERs study provided estimates of the reach of the PDS, State taxation of SKO, the differences among States in organising the distribution of kerosene, and of the apparent diversion of household kerosene to other uses. Innovative and sensitive field work was also required in our project for the National AIDS Control Organisation (NACO), supported by NCAERs long-standing partner the UNDP, to measure the socioeconomic impact of HIV-AIDS in the six highprevalence States of India. The study team had to grapple with difficult issues of confidentiality and sensitivity to gather this information which has generated a very important data set on the subject. As mentioned earlier, Dr. N.S. Sastry, formerly of the NSSO, has kindly assisted the NCAER in an appraisal of its field-work and data dissemination activities, with a view to making them more robust and transparent. We are indebted to him for his advice. There was considerable activity on a range of other fronts as well. We were approached by the Ministry of Commerce and Industry of the Sultanate of Oman for advice on setting up a policy research cell within the Ministry. It is striking to note that this form of advisory work was anticipated and provided for in the original memorandum of association of the NCAER!
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Our own partnerships, international and domestic, have continued to flourish, with regular joint activities with the National Bureau of Economic Research (NBER), The Brookings Institution, and the Australia-India Council, documented elsewhere in the report. We deepened our cooperation on infrastructure and regulation with a consortium of three European institutions, led by the Centre for Economic Policy Research (CEPR), London and supported by the European Union Mission to India under the Europe-India Cross Cultural Programme (ECCP). The grant permitted original papers to be commissioned on issues in infrastructure regulation and on public-private partnerships. We were honoured that Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission, participated in the launch workshop for this event. Extensive data gathering and clearing continues on important household data sets in cooperation with the Universities of Maryland, Harvard and Brown. Finally, I would like to acknowledge the continued support of the Ministry of Commerce, which has been extremely generous in involving NCAER in policyoriented work connected with many aspects of Indias trade policy and trade negotiations. Their sustained interest has encouraged us to increase our capacity in this area. I was personally privileged to participate as a member of the Indo-Japan Joint Study Group, chaired by the Secretary Economic Affairs, Shri Ashok Jha, a member of our Governing Body. Management and Finances Considerable effort was devoted to a range of management initiatives over the year. While progress is being made, it is slower than we would wish. Project accounting, management of receivables, crystallisation of liabilities, statutory compliance, contract management and financing of capital assets all received attention. As there remained a vacancy in the
position of Finance Officer till late in the year, we retained Messrs. Ajay Sethi Associates as financial advisors to ensure the integrity of our internal systems, and of our compliance with statutory functions. I would like to repeat my thanks to our Vice-President, Mr. Verma, for the considerable time and interest he expends in advising us on these matters. The financial outcome revealed in the accounts reflects continued productivity improvement, in that there has been a large increase in both gross and net project revenues (net of payment to professionals and survey/data gathering) with no increase in staff salaries and allowances. A glance at the staffing composition table shows that the latter reflects continued (though slowing) reduction in the size of our regular research staff, complemented by a fluctuating body of nonregular research staff. As in previous years let me salute all the Councils staff, research and support, regular and adhoc for their professionalism, dedication and hard work. The long-term trend has also been positive. We have shed much of the excess capacity that perhaps existed on the research side, and we have been able to re-orient our salary outgo once to payments linked to individual and corporate performance. Review of our overhead expenses suggests that the overhead load per project threatens to make us uncompetitive, and that we may need to expand our portfolio of projects to reduce this load. Accordingly, we followed a more systematic approach to recruitment of researchers this year. The results were not entirely commensurate with the effort, and we will need to work even harder to attract talent appropriate to our reputation and aspirations. Looking Forward Over the course of the past few years NCAER has developed and upgraded a number of channels for dissemination of research on the Indian economy. These include the suite of products connected with the Quarterly Review
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of the Economy (Business Expectation Survey, MacroTrack, the Quarterly Review of the Economy report itself ); Artha Suchi; Margin; the India Policy Forum; and Connexions. Several of these are peer reviewed and are designed to provide an arena for empirical debate on policy issues facing the Indian economy. This bouquet of print offerings will be complemented with our redesigned web-
site to provide a spectrum of data and views on the Indian economy. In the earlier part of this Report I focused on the continuity in our work; these are some of our fresh departures. I believe they remain consistent with our core purpose and mandate: to bring data and analysis to bear, in a neutral and professional way, to the challenge of Indias economic development as it evolves.
THE PRESIDENT, DR BIMAL JALAN, DELIVERING A SPEECH ON THE OCCASION OF THE NCAER GOLDEN JUBILEE CELEBRATION EVENT AT NCAER, NEW DELHI, MARCH 30, 2006
GOVERNING BODY MEMBERS AT A GETTOGETHER WITH NCAER STAFF MEMBERS ON THE NCAER LAWNS ON THE OCCASION OF THE NCAER GOLDEN JUBILEE CELEBRATION EVENT AT NCAER, NEW DELHI, MARCH 30, 2006
Activities 2005-06
PUBLICATIONS*
BOOKS The Great Indian Market: Results from the NCAER Market Information Survey of Households
(2005, NCAER AND BUSINESS STANDARD, PP. 284)
Since 198586, NCAER has been conducting the Market Information Survey of Households (MISH) in a broadly comparable and consistent framework. The report stems from an annual all-India NCAER survey of 300,000 households over 515 cities and 400 districts. While the focus of the MISH surveys has traditionally been ownership and purchase of manufactured goods (consumer durables and consumables), they are also distinctive in asking the respondent households about their household income. This is a comprehensive report on what the Indian consumer is buying and how the pattern is projected to change by the end of the decade by examining the interaction between rising household income levels and evolving consumer preferences. It provides demand trends for 20 categories of durable goods and seven of consumer goods from actual consumption in 199596 to projections for 200910 and details of who is purchasing
these items by income as well as occupation groups in different cities as well as States. In addition, The Great Indian Market introduces various new analyses. For example, it includes a consumption matrix that shows the relationship between purchases of different consumer durables. Such questions are at the heart of any marketing campaign, and the product matrix helps arrive at useful answers. Another first is the move toward consumption of services, such as data on the demand for life and medical insurance, credit and debit cards and mobile phones. The Great Indian Market also attempts to measure the market for second-hand goods, and how this differs in the case of different durables, for different income/occupation groups, and between rural and urban areas. It captures the prices paid for both new as well as second-hand goods by various income/ occupation groups.
PRINCIPAL NCAER STAFF: RAJESH SHUKLA,
SANJAY KUMAR DWIVEDI, ASHA SHARMA AND CHARU JAIN WITH ASSISTANCE FROM SUNIL JAIN OF BUSINESS STANDARD
Indias Telecommunications Industry: History, Analysis, Diagnosis

(ASHOK V. DESAI, 2006, SAGE (INDIA) LTD., PP. 294)
This study was commissioned by NCAERs Centre for Infrastructure and Regulation to provide an independent account of the political economy of reforms in the telecom sector, so as to draw lessons for reform in other
* Research programme and study output of the NCAER researchers published prior to August 1, 2006 in the form of books, reports, journals, research papers and articles by NCAER as well as by other prestigious global and Indian publishing houses. NCAER publications/ periodicals are available by direct/ email order, through subscription/ online order at the NCAER web site: www.ncaer.org or publ@ncaer.org
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regulated sectors. In addition to the authors analysis, the volume is noteworthy for detailed appendices that chart the evaluation of the sector over the last two decades.
PRINCIPAL NCAER STAFF: SUMAN BERY AND SKN NAIR
Social Accounting Matrix for India: Concepts, Construction and Applications

(2006, SAGE (INDIA) LTD., PP. 438)
This book presents a new Social Accounting Matrix (SAM) for the Indian economy for the year 199798. It provides detailed and consistent information on production for 60 sectors, and on income distribution for six categories of occupational households, separately for rural and urban areas. Using fresh figures, the authors also present the SAM for 200203. In addition, this book goes into details of the concepts, methodology and limitations of the construction of SAM for India. This book will be very useful for researchers who are working in the area of input-output analysis, SAM and Computable General Equilibrium Modelling for India.
PRINCIPAL NCAER STAFF: BASANTA K PRADHAN,
M R SALUJA AND SHALABH K SINGH
various States/Union Territories and to assess its demand by different types of ration cards and places of residence; consumption and usage pattern of consumers and leakage. It forecasts the demand for kerosene and Liquefied Petroleum Gas (LPG) and establishes correlations, if any, between the requirement of kerosene and release of new LPG connections. The study found that the per capita allocation of PDS kerosene is biased towards richer States and there is no set pattern of allocation to different types of cards.
PRINCIPAL NCAER STAFF: DEVENDRA KUMAR
PANT, SHASHANKA BHIDE, P K ROY, S K DWIVEDI, R K JAISWAL AND SHISHIR SHEKHAR
SERIALS
India Policy Forum 200506 (Volume 2) (Annual)
(2006, NCAER AND THE BROOKINGS INSTITUTION, WASHINGTON DC, SAGE (INDIA) LTD., PP. 308 SUMAN BERY, BARRY BOSWORTH, AND ARVIND PANAGARIYA (EDS.)
REPORTS
Comprehensive Study to Assess the Genuine Demand and Requirement of SKO
(2005, NCAER, PP. 172)
India Policy Forum (IPF) is an annual publication dedicated to analysing contemporary trends in the Indian economy. Its objective is to carry theoretically rigorous yet empirically informed research on current issues relating to Indias economic policy. A joint publication of NCAER and Brookings, IPF serves as a forum for a global network of scholars interested in Indias economic transformation. Contributor Highlights
A study on distribution of kerosene through the Public Distribution System (PDS) by
Willem H. Buiter and Urjit R. Patel on Fiscal

Deficits, the Financial Sector, and Growth
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M. Govinda Rao and R. Kavita Rao on Tax Policy and

Tax Reform Targeting Markets
Sheetal K. Chand and Kanhaiya Singh on Inflation Surjit S. Bhalla and Tirthatanmoy Das on Labor Roger G. Noll and Scott J. Wallsten on Universal
Service Obligation in Telecommunications
SUBSCRIPTION PRODUCTS
Quarterly Review of the Economy
(NCAER, QUARTERLY PUBLICATION COORDINATOR: DEVENDRA KUMAR PANT
provides a forum for well-known scholars, civil servants and journalists to comment on public affairs, while also serving as a vehicle for dissemination of research at the Council. Contributor Highlights
Chadha, R. and Sharma, Pooja (2005). Liberalising

Indian agriculture. 37 (3), Apr.-June.
Chadha, R. Pratap, Devender, Sharma, Pooja, &

success story. 37 (4), July-Sept.
Designed to meet the needs of policy makers, corporates and others interested in tracking the latest developments in the Indian economy, Quarterly Review provides an analysis of current policies and tracks developments in the domestic and world economy. NCAER growth forecasts are objective and widely quoted in Indian and international media. The subscribers to Quarterly Review also receive a copy of detailed report on NCAERs quarterly Business Expectations Survey. An integral part of Quarterly Review is its quarterly State of the Economy seminars organised at NCAER, bringing together policy makers, industry leaders and researchers on to a single platform. Margin (Quarterly)
(NCAER, ANNUAL SUBSCRIPTION INCLUDING POSTAGE, RS 500/ US $ 100) VOLUME 37, NUMBER 3, 4 AND VOLUME 38, NUMBER 1, 2 EDITOR: T C A SRINIVASA-RAGHAVAN
Tandon, Anjali (2005). Indian textiles: weaving a
Pant, Devendra Kumar, Jaiswal, Rajesh, and Shekhar, Shishir (2005). Household kerosene consumption patterns. 38 (1), Oct.-Dec.
Rao, Ch. Sambasiva (2005). Information and

communication. 38 (1), Oct.-Dec. 38 (1), Oct.-Dec.
Arora, G.K. (2005). The making of a statesman. Asher, Mukul and Vasudevan, Deepa (2005). The
role of pension regulators. 38 (1), Oct.-Dec. India. 37 (3), Apr.-June. July-Sept.
Chandra Mohan, N. (2005). Stepping up FDI into Chari, P.R. (2005). Indo-US nuclear Deal. 37 (4), Jain, Sunil (2005). The war for the regulators
heart. 38 (1), Oct.-Dec.
Manas Chakrvarty (2005). Global liquidity and

emerging markets. 37 (3), Apr.-June.
Mehta, Pradeep S. and Pranav Kumar (2005). The

post-Hong Kong scenario. 38 (1), Oct.-Dec.
Subrahmanya, M.H. Bala, (2005). SSI energy conin China. 38 (1), Oct.-Dec.
sumption economics in Karnataka. 37 (4), July-Sept.
Yue-Wei Hu. (2005). Private (occupational) pensions

Artha Suchi (Quarterly)
(NCAER, ANNUAL SUBSCRIPTION, INCLUDING POSTAGE, RS. 300/ US$ 80) VOLUME 22, NUMBER 3, 4 AND VOLUME 23, NUMBER 1, 2 EDITOR: N J SEBASTIAN
Margins emphasis on policy analysis and application of modern quantitative techniques in developmental issues brings forth research findings in broad areas of applied economics,
ACTIVITIES 200506
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A computerised index of government reports/journal articles/newspaper write-ups related to the Indian economy, brought out by the NCAER Library. MacroTrack (Monthly)
(NCAER, ANNUAL SUBSCRIPTION, INCLUDING POSTAGE, RS. 3,000/US $100) VOLUME 7, NUMBER 4 TO VOLUME 8, NUMBER 3 (12 ISSUES) EDITOR: DEVENDRA KUMAR PANT
PARTICIPATING INSTITUTIONS
NATIONAL COUNCIL OF APPLIED ECONOMIC RESEARCH (NCAER) CENTRE FOR ECONOMIC POLICY RESEARCH (CEPR), LONDON INSTITUTE DECONOMIE INDUSTRIELLE (IDEI), TOULOUSE EUROPEAN CENTRE FOR ADVANCED RESEARCH IN ECONOMICS AND STATISTICS (ECARES), BRUSSELLS
Information and research-based analysis on major trends in the economy, industry, and finance. Supplementary analysis, based on NCAERs Business Expectations Survey (BES) and the NCAER Macroeconomic Forecast are also included. Each issue carries statistics on major States, based on current issues of economic importance. Connexions (Quarterly)
(NCAER, FREE) VOLUME 1, NUMBER 1 TO VOLUME 2, NUMBER 2 (THREE ISSUES) EDITOR: SHASHANKA BHIDE
The Newsletter is intended to provide news and analysis relating to the infrastructure sector. Issues relating to regulation and competition in the sector will be given special attention. The Newsletter also provides an opportunity to participating researchers to report on the work carried out in the project.
OTHER PUBLICATIONS
Bandyopadhyay, S (2006): Cotton Textile Industry in India: Implications for MFA Phaseout in Beyond the Transition Phase of WTO, Academic Foundation, Delhi. Bedi, J.S (December 2005): General Statistics for Food Processing Sector, 2005 Databank book, Ministry of Food Processing, Government of India. Bhide, S, Chadha, R and Kalirajan, K (2005, December): Growth Interdependence among Indian States: An Exploration, Asia-Pacific Development Journal, Vol. 12, No. 2. Bhide, S, Rajaraman I and Pattnaik R.K (2005, October): A Study of Debt Sustainability at State level in India, Reserve Bank of India, Mumbai. Bhide, S and Mehta, A.K (2006): Correlates of Incidence and Exit from Chronic Poverty in Rural India: Evidence from Panel Data, Chronic Poverty & Development Policy in India, edited by Aasha Kapur Mehta and Andrew Shepherd, Sage Publications.
Efficiency, equity and access in Indian Infrastructure: blending competition and regulation (Project co-funded by The European Union under the University and Studies dimension of the EU-India Economic Cross-Cultural Programme).
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2006
Buragohain, T (2005, October): Level of Awareness of RTI/STI and HIV/AIDS, and Gender Discrimination in Treatment in India, published in a special international conference volume titled Engendering Health and Human Rights. Chadha, R (2005): FTAs and Doha Development Round: Asian Response to EEU and FTAA, Global Economy Journal, 5(4), Berkeley Electronic Press. Chadha, R (2005, Oct-Dec): Sectoral Initiatives: A Paradoxical Component of NAMA!, Trading Up, 1(3), Centre for Trade and Development, OXFAM GB, New Delhi. Dubey, A, Palmer-Jones, Richard and Sen, K (2006, March): Surplus Labour, Social Structure and Rural to Urban Migration: Evidence from Indian Data, European Journal of Development Research, Vol. 18, No. 1, pp. 89107. Dubey, A and Gupta, N.D (2006, January): Fertility and the Households Economic Status: a Natural Experiment using Indian Micro Data, Journal of Development Studies, Vol. 41, No. 1, pp. 110138. Dubey, A and Haan, A (2005, May): Orissa: Poverty, Disparities or the Development of Under-development?, Economic and Political Weekly, pp. 232129. Kaur, R (2005, Oct-Dec): Indian Punjab: Social Regulation of Rice Production, South Asian Journal, Vol. 10, pp. 94101. Kumar, P, Pradhan, B.K and Subramanian, A (2005, December): Farmland Prices in a Developing Economy: Some Stylised Facts and Determinants, Journal of International and Area Studies, Vol. 12, No. 2, pp. 93113. Mondal, S.K and Kanwal, V (2006, March): Addressing Key Issues in the Light of
Structural Adjustment Programme (SAP) in Health and Family Welfare Sector in India, Working Paper No. 97 NCAER. Pohit, S (2005, December): Mitigating Carbon Emission through Economic Instruments: An Indian Perspective, 2005, Working Paper No. 96, NCAER. Pohit, S (2005, July): Trade Facilitation Problems & Informalisation of Trade: Lesson from India-Bangladesh Trade, proceedings of the International Seminar on Indo-Bangladesh Border Trade: Status & Prospects, North Eastern Hill University, Shillong. Pohit, S (2006, January): WTO Agreement on Agriculture, Liberalisation in Select Countries, and Implications for South Asia: A CGE Modelling Analysis, proceedings of the International Conference on International Trade, Jadavpur University, Kolkata. Pradhan, B.K and Amarendra, A (2006): The Impact of Trade Liberalisation on Household Welfare and Poverty in India, MPIA Working Paper 200601, Poverty and Economic Policy (PEP) Network, (http://132.203.59.36/NEW-PEP/Group/ papers/papers/MPIA-2006 01.pdf ). Shariff, A and Razzak, A (2006): Communal Relations and Social Integration in India, Social Development Report, Oxford University Press. Shariff, A (2006): Some Thoughts on Nature and Persistence of Poverty in India, in Deprivation and Inclusive Development, (editors) Diwakar, D.M and Mishra, G.P, Manak Publications: pp. 295335. Shariff, A and Mondal, S.K (2006): User Fee in Public Health Care Institutions Security: Health for All Dimensions and Challenges (editors) Sujata Prasad and
ACTIVITIES 200506
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C. Sathyamala, Institute of Human Development. Shariff, A (2006): Household Food and Nutrition Security in India, Economic Reforms and Food Security: The Impact of Trade and Technology in South Asia (editors) Suresh Chandra Babu and Ashok Gulati. Sharma, A (co-authored with) Cook, C.C, Duncan, T, Jitsuchon, S and Guobao W (2005): Assessing the Impact of Transport and Energy Infrastructure on Poverty Reduction, Asian Development Bank, Manila. Sharma, A (2005): Paper Understanding Indias Aggressive and Defensive Stance in Agricultural Trade Negotiations in Les Politiques Agricoles Sont-Elles Condamnees Par LaMondialisation? (editor) Pierre Rainelli, Institut Francais des Relations Internationales, Paris.
Singh, K. and Bery, S.K (2005): Indias Growth Experience, in (editors) Wanda Tseng and David Cowen Indias and Chinas Recent Experience with Reform and Growth, IMF and Palgrave-Macmillan, pp. 2358. Singh, K (2006): Comment in M. Govinda Rao Mid-year Review of the Indian Economy 200506, New Delhi, Shipra Publications in association with IIC/ MEAT, pp. 183189. Venkatesan, R (2005, September): Characteristics of the Indian Markets and Market Penetration Strategies, East Asia Economic Forum in Seoul in Proceedings Leaps of Asian Economies and Koreas Future Direction. Venkatesan, R (2005): India: E-readiness Report for States/ UTs 2004, Department of Information Technology, Government of India.
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PUBLIC AFFAIRS
LECTURE
JULY 25, 2005: Annual India Policy Forum Lecture by Dr John Williamson, Institute of International Economics, Washington DC, on What Follows the Era of the USA as the Worlds Growth Engine CHAIR: Dr Bimal Jalan AT: India Habitat Centre, New Delhi. ORGANISER: Mr Suman Bery AT:
ORGANISER:
Committee Room, NCAER, New Delhi. Dr D K Pant
First Advisory Committee Meeting of the ACIAR-funded project, Agricultural Trade Liberalisation and Domestic Market Reforms in Indian Agriculture AT: Committee Room, NCAER, New Delhi. ORGANISER: Dr Rajesh Chadha
JUNE 21, 2005:
MAY 13, 2005:
CONFERENCES, SEMINARS, WORKSHOPS AND SYMPOSIA

APRIL 4, 2005: Workshop on Domestic Tourism & Indias Tourism Satellite Account AT: India International Centre, New Delhi. ORGANISER: Dr Pradeep Srivastava APRIL 28, 2005 AND JULY 27, 2005:
First Advisory Committee Meeting of the British High Commissionfunded project, Liberalising Domestic Agricultural Markets: Gains for India AT: Committee Room, NCAER, New Delhi. ORGANISER: Dr Rajesh Chadha
JULY 8, 2005:
Quarterly Review: State of the Economy Seminar
Seminar on Comprehensive Study to Assess the Genuine Demand and Requirement of SKO
ON THE EVE OF THE INDIA POLICY FORUM THE PRIME MINISTER, DR MANMOHAN SINGH, INVITED THE MEMBERS OF THE IPF ADVISORY AND RESEARCH PANEL FOR TEA AT HIS RESIDENCE, NEW DELHI, JULY 24, 2005
ACTIVITIES 200506
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2006
AT:
Committee Room, NCAER, New Delhi. ORGANISER: Dr D K Pant

JULY 2526, 2005: AT:
India Policy Forum 2005 India Habitat Centre, New Delhi. ORGANISER: Mr Suman Bery
AUGUST 9, 2005: Presentation on The Great Indian Market AT: PHDCCI, New Delhi. ORGANISER: Dr R K Shukla AUGUST 16, 2005:
Cross Cultural Programme. The workshop was inaugurated by Mr Montek Singh Ahluwalia, Deputy Chairman, Planning Commission. AT: India International Centre, New Delhi. ORGANISER: Dr Shashanka Bhide
OCTOBER 24, 2005: Policy Research Networking: Macroeconomic Management and Government Finance AT: Assocham House, New Delhi. ORGANISER: Dr Kanhaiya Singh
MISH Workshop AT: Committee Room, NCAER, New Delhi. ORGANISER: Dr R K Shukla
AUGUST 18, 2005: AT:
India-Bangladesh Trade &
FTA India International Centre, New Delhi. ORGANISER: Dr Sanjib Pohit

SEPTEMBER 28, 2005: Release of India Science Report by the Prime Minister AT: Vigyan Bhavan, New Delhi. ORGANISER: Dr R K Shukla
Lecture by Professor Kemal Dervis, UNDP Administrator and UN Under- Secretary General, on High Debt Emerging Market Macroeconomics: Turkey, Brazil and other Experiences AT: Somany Hall, ASSOCHAM House, New Delhi. ORGANISER: Dr B K Pradhan, jointly with ICRIER and UNDP
DECEMBER 1, 2005: The Sources of Chinas Economic Growth: An OECD Perspective AT: Committee Room, NCAER, New Delhi. ORGANISER: Dr Shashanka Bhide DECEMBER 1213, 2005:
NOVEMBER 11, 2005:
The First workshop on Efficiency, Equity and Access in Indian Infrastructure: Blending Competition and Regulation Project, co-funded by The European under the EU-India Economic
OCTOBER 1011, 2005:
Workshop on Impact of Globalisation on National Firms: The Case of India and
MR KAMAL NATH, MINISTER, COMMERCE AND INDUSTRY, PROF JAGDISH BHAGWATI, COLUMBIA UNIVERSITY, PROF MARTIN FELDSTEIN, HARVARD UNIVERSITY AND NBER, AND MR N.K. SINGH, FORMER MEMBER, PLANNING COMMISSION, AT THE NBER-NCAER NEEMRANA CONFERENCE, NEEMRANA, RAJASTHAN, JANUARY 1517, 2006
18
2005
2006
China in a Comparative Perspective AT: India International Centre, New Delhi. ORGANISERS: NCEAR, with Centre de Sciences Humaines, CERNA, London School of Economics and India International Centre. Co-financed by the European Union under the EU-India SPF Programme. COORDINATION: Dr B K Pradhan
DECEMBER 1214, 2005: Roundtable discussion: Initiative for Policy Dialogue: Industrial Policy Taskforce AT: Committee Room, NCAER, New Delhi. ORGANISER: Mr Dripto Mukhopadhyay DECEMBER 1618, 2005: Conference on The State of the Panchayats and the Way Forward AT: Le Meridien Hotel, New Delhi. ORGANISER: NCAER and Ministry of Panchayati Raj. COORDINATION: Ms Puja Vasudeva Dutta JANUARY 2, 2006:
American counterparts. An informal and offthe-record affair allowing free discussions on issues related to economic policy and research covering a range of topics including macro economy (monetary and fiscal policy), international trade, banking and finance, privatisation, regulation, economic reforms, employment, poverty and the social sector. AT: Neemrana Fort Palace Resort in Rajasthan and NCAER, New Delhi. ORGANISERS: Dr Anil Kumar Sharma, NCAER and Mihir Desai, National Bureau of Economic Research (NBER), Cambridge MA with administrative support of both organisations.
JANUARY 1517, 2006:
Lecture by Professor Richard Thaler on Behavioural Economics and Public Policy: The Libertarian Paternalism Approach AT: Committee Room, NCAER
JANUARY 16, 2006:
Workshop on Savings and Investment Behaviour by Prof. Richard Thaler, Professor of Behavioural Sciences, Graduate School of Business, Cicago AT: Committee Room, NCAER, New Delhi. ORGANISER: Dr Anil Kumar Sharma Workshop on Rural Infrastructure AT: Bangalore, Institute for Social and Economic Change ORGANISER: Dr D B Gupta
JANUARY 1517, 2006: JANUARY 10, 2006:
Workshop on Database Development for Karnataka, Uttaranchal and Jharkhand AT: Le Meridien Hotel, New Delhi. ORGANISER: Dr Anushree Sinha
MARCH 2, 2006:
Lecture on Spillovers, Coordination Failure and Consequences of Fragmentation in Rural India by Prof. Andrew Foster, Brown University, USA. CHAIR: Prof. Kirit S Parikh AT: Committee Room, NCAER. ORGANISER: Dr Hari Nagarajan
MARCH 10, 2006:
NBER-NCAER Seventh Annual Neemrana Conference on the Indian Economy. A collaborative project between National Bureau of Economic Research (NBER) and NCAER and funded mainly by the former bringing together Indian policy makers, researchers, regulators and other professionals to interact with leading
Dr Klaus Deininger, World Bank, on Equity and Efficiency Impacts of Rural Land Rental Restrictions: Evidence from India AT: Committee Room, NCAER. ORGANISER: Dr Hari Nagarajan
ACTIVITIES 200506
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2006
RESEARCH PROGRAMMES*
1. 2. 3.
Programme Quarterly Review of the Economy (M/05/020) India Policy Forum* (G/05/009)
Assessing the Potential for Economic Co-operation between India and Finland* (M/05/077) Potential and Constraints on Indias Alcoholic Beverages Industry* (M/05/078) Development of State- level Macro Database in USAID-REFORM States* (M/05/071) India on Development of Indirect tax model Reform Project, USAID (M/05/086) Quarterly reports for the Embassy of Japan, New Delhi* (M/05/67) Joint Study Group (JSG): Economic cooperation between India and Japan (M/05/076) Foreign Direct Investment Environment in India (M/05/083)
Sponsor
ANNUAL SUBSCRIBERS STATE BANK OF INDIA, TATA SONS, CITIGROUP AND HDFC BANK SITRA, FINNISH NATIONAL FUND FOR RESEARCH AND DEVELOPMENT DIAGEO LIMITED BEARING POINT /USAID BEARING POINT /USAID EMBASSY OF JAPAN, NEW DELHI MINISTRY OF FINANCE, GOVERNMENT OF INDIA MINISTRY OF ECONOMY, TRADE AND INDUSTRY (METI) AND JAPAN EXTERNAL TRADE ORGANISATION (JETRO), GOVERNMENT OF JAPAN
4. 5. 6. 7. 8. 9.
10.
11.
12.
13. 14.
Impact of Globalisation on National Firms: The Case of India and China in a Comparative Perspective* (M/05/081) Export Promotion Scheme Replacing Duty Entitlement Passbook (DEPB) Scheme* (I/05/034) Feasibility Report on establishing a Think Tank in the Sultanate of Oman* (M/04/061) Snap Survey of Registered Dealers Under CST Act* (I/05/032) Study of Services to Depositors and Small Borrowers in Rural and Semi Urban Areas (S/05/021)
EUROPEAN UNION (EU)
DIRECTORATE GENERAL OF FOREIGN TRADE, MINISTRY OF COMMERCE MINISTRY OF COMMERCE AND INDUSTRY, GOVERNMENT OF SULTANATE OF OMAN DEPARTMENT OF EXCISE AND TAXATION (GOVERNMENT OF PUNJAB) RESERVE BANK OF INDIA
* An asterisk indicates programme/ project completion as on/ before the financial year ending on March 31, 2006.
ACTIVITIES 200506
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2006
Programme
15. 16. 17. 18. Evaluation of Rasoi Ghar* (S/05/016) Tourism Satellite Account* (M/04/048) Study of Macroeconomic Impact of High Oil Prices* (M/05/072) Impact Assessment of Jan Kerosene Pariyojana (JKP) (M/05/056) Comprehensive Study to Assess the Genuine Demand and Requirement of SKO* (M/05/079) Economic Assessment of India-EU Comprehensive Economic Engagement* (M/05/082) Preparation of User-Friendly DocumentMaster Plan for Delhi 2021 (H/04/018) Economic Assessment of IndiaChile FTA* (M/05/075) Policy Research Networking to Strengthen Policy Reforms: Macroeconomic Group* (M/03/046) Assessing an Alternative Medium-term Growth Scenario for the Indian Economy* (M/05/066) Economic Analysis and Forecast of India* (M/05/063) A Research Assignment to prepare a Commentary for Visa Internationals white paper entitled Payment Solutions for Modernising Economies* (M/05/055) Competitiveness of the Beer Industry in Andhra Pradesh* (M/05/053) Retainer Relationship with Tecnova* (M/05/058) Study of Beer Industry in India (M/05/080) Towards Assessing the Performance of the Defence Research and Development Organisation (DRDO) Phase I: Framework of Analysis (M/05/084) Efficiency, Equity and Access in Indian Infrastructure: Blending Competition and Regulation (I/05/035) Relevance and Impact of Central Scheme of Assistance to Cooperatives for Marketing,
Sponsor
HINDUSTAN PETROLEUM CORPORATION LIMITED MINISTRY OF TOURISM AND CULTURE PETROFED PETROLEUM PLANNING AND ANALYSIS CELL (PPAC), MINISTRY OF PETROLEUM AND NATURAL GAS PETROLEUM PLANNING AND ANALYSIS CELL (PPAC), MINISTRY OF PETROLEUM AND NATURAL GAS MINISTRY OF COMMERCE AND INDUSTRY, GOVERNMENT OF INDIA DELHI DEVELOPMENT AUTHORITY MINISTRY OF COMMERCE & INDUSTRY ASIAN DEVELOPMENT BANK (ADB) AND DEPARTMENT OF ECONOMIC AFFAIRS (DEA) MINISTRY OF FINANCE, GOVERNMENT OF INDIA CONFEDERATION OF INDIAN INDUSTRIES (CII) HOCHTIEF AIR PORT GMBH, GERMANY AND ITS PARTNERS PIRAMAL HOLDINGS LTD. AND LARSEN AND TOUBRO (L&T) LTD. R&P MANAGEMENT COMMUNICATION PVT. LTD. AND FUNDED BY VISA INTERNATIONAL TECNOVA GLOBAL LTD. FUNDED BY SAB MILLER TECNOVA GLOBAL LTD. SAB-MILLER DEFENCE RESEARCH AND DEVELOPMENT ORGANISATION (DRDO), MINISTRY OF DEFENCE, GOVERNMENT OF INDIA EU/ECCP
19.
20. 21. 22. 23.
24. 25.
26.
27. 28. 29. 30.
31.
32.
NATIONAL COOPERATIVE DEVELOPMENT CORPORATION Processing, Storage, etc.
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2006
33.
34. 35.
36. 37.
Programme Sponsor Programmes in Comparatively Less Developed States/UTs (I/05/038) Economic Gains of Cargo Movement through INLAND WATERWAYS AUTHORITY OF INDIA Inland Water Transport Mode in National (MINISTRY OF SHIPPING, GOVERNMENT OF Waterways No. 1 * (I/05/036) INDIA) E-Readiness Assessment of States and DEPARTMENT OF INFORMATION Union Territories, 200405 (I/05/040) TECHNOLOGY, GOVERNMENT OF INDIA Social Cost-Benefit Analysis of Community NATIONAL INFORMATICS CENTRE, MINISTRY Information Centres (CICs) in the NorthOF COMMUNICATIONS AND INFORMATION Eastern Region (I/05/039) TECHNOLOGY, GOVERNMENT OF INDIA A Study of State Policies Affecting Competition - THE COMPETITION COMMISSION OF INDIA Passenger Transport Sector (I/05/037) Centre for Infrastructure and Regulation UNITED NATIONS DEVELOPMENT (I/01/013) PROGRAMME (UNDP) AND DEPARTMENT OF
ECONOMIC AFFAIRS, MINISTRY OF FINANCE, GOVERNMENT OF INDIA
38.
Telecom-Universal Service Obligations (Benchmarking of subsidies) (I/02/019)
ADMINISTRATOR, UNIVERSAL SERVICE OBLIGATION FUND, DEPARTMENT OF TELECOMMUNICATIONS, GOVERNMENT OF INDIA
39.
Review of Subsidies Drawn from the Universal Service Obligation Fund* (I/05/033) Comprehensive Study of Demand for Cement* (M/04/049) Coordination of Uttar Pradesh Development Report* (I/04/025) State Development Report for Uttaranchal (M/05/059) District-wise Export Potential Survey in West Bengal (M/05/065) An Impact Assessment Study of National Agricultural Technology Project* (M/05/060) Liberalising Domestic Agricultural Markets: Gains for India (M/05/069) Agricultural Trade Liberalisation and Domestic Market Reforms in Indian Agriculture (M/05/060 Exports of Value-added Products from the Agricultural Sector: Impediments and Strategies for the Future (A/02/005)
ADMINISTRATOR, UNIVERSAL SERVICE OBLIGATION FUND, DEPARTMENT OF TELECOMMUNICATIONS, GOVERNMENT OF INDIA NATIONAL COUNCIL FOR CEMENT AND BUILDING MATERIALS (NCB) AND MINISTRY OF COMMERCE AND INDUSTRY, NEW DELHI PLANNING COMMISSION OF INDIA PLANNING COMMISSION OF INDIA MINISTRY OF INDUSTRY, GOVERNMENT OF WEST BENGAL NATIONAL AGRICULTURAL TECHNOLOGY PROJECT, INDIAN COUNCIL OF AGRICULTURAL RESEARCH BRITISH HIGH COMMISSION, NEW DELHI AUSTRALIAN CENTRE OF INTERNATIONAL AGRICULTURAL RESEARCH (ACIAR), AUSTRALIAN GOVERNMENT AGRICULTURAL AND PROCESSED FOOD EXPORT DEVELOPMENT AUTHORITY (APEDA), NEW DELHI
40.
41. 42. 43. 44.
45. 46.
47.
ACTIVITIES 200506
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2006
Programme
48. Policy Reforms in the Sugar Sector: Implications for the Gur and Khandsari Industry (A/02/004) A study of issues originating from New Draft Framework Agreement on Agriculture (A/05/011) Land Market, Land Assets and Rural Development of India (S/04/013) Current Evaluation Study of TPDS (S/05/022) Research for Chronic Poverty Research Centre (CPRCI)* (M/05/057) Economic Growth and Chronic Poverty (M/05/085) Investigation of the reasons of High Drop-out rates in Secondary and Senior Secondary Stage in India (H/05/025) Maternal and Child Health (H/03/016) Parental Education and Child Outcomes (H/04/021) Health Environment, Economic Development (H/03/022) Impact of HIV/AIDS on Women and Girl Child and on Industry Sector (H/05/024) NACO-Socio-economic Impact of HIV/AIDS in India (H/03/017) Understanding the Dynamics of Poverty: Persistent and the Transient (A/03/010) A Study Using Household Level Data (S/03/009) Decentralisation and Pro Poor Growth in India (S/05/015) Consumer Demand Analysis for India* (S/05/020) National Survey of Income and Expenditure Market Information Survey of Households (S/05/018) Demand for Cars (S/05/019) India Protection Index (S/05/014) Indo-Norwegian Programme of Institutional Co-operation (N001) Safety Nets and Social Protection in India (H/04/020)
Sponsor
MINISTRY OF FOOD AND CONSUMER AFFAIRS, GOVERNMENT OF INDIA, NEW DELHI MINISTRY OF COMMERCE AND INDUSTRY, GOVERNMENT OF INDIA DFID-HTS DEVELOPMENT LTD., UK DEPARTMENT OF FOOD AND PUBLIC DISTRIBUTION, GOVT. OF INDIA CHRONIC POVERTY RESEARCH CENTRE, INDIAN INSTITUTE OF PUBLIC ADMINISTRATION, NEW DELHI CHRONIC POVERTY RESEARCH CENTRE, INDIAN INSTITUTE OF PUBLIC ADMINISTRATION DEPARTMENT OF SECONDARY AND HIGHER EDUCATION, MINISTRY OF HUMAN RESOURCE DEVELOPMENT NATIONAL INSTITUTES OF HEALTH AND HUMAN DEVELOPMENT, MARYLAND, USA NATIONAL INSTITUTES OF HEALTH AND HUMAN DEVELOPMENT, MARYLAND, USA NATIONAL INSTITUTES OF HEALTH AND HUMAN DEVELOPMENT, MARYLAND, USA UNITED NATIONS DEVELOPMENT PROGRAMME (UNDP) UNITED NATIONS DEVELOPMENT PROGRAMME (UNDP) IIPA/ CPRC WORLD BANK HARVARD UNIVERSITY, USA MCKINSEY GLOBAL INSTITUTE SELF-SPONSORED
49.
50. 51. 52.
53.
54.
55. 56. 57. 58. 59. 60. 61. 62. 63. 64.
65. 66. 67. 68.
MARUTI UDYOG LTD. MAX NEW YORK LIFE INSURANCE LTD. ROYAL NORWEGIAN EMBASSY, NEW DELHI THE WORLD BANK
24
2005
2006
GROWTH, TRADE AND ECONOMIC MANAGEMENT*

Economy-wide perspectives are important for assessing policy choices. NCAER has a tradition of providing assessment of the Indian economy using macroeconomic models. Such analysis is supplemented by periodic surveys of the business sector which track its expectations on output, prices, employment and investment. Assessment of policies relating to taxes and subsidies, administered prices, exchange rate, capital flows, monetary policy and public spending in a framework that quantifies the impact of these factors on the aggregate output and price is made available through commissioned studies, periodic reports and seminars. The Council has also resumed studying State-level economies again after its initial involvement in this area in the 1960s. The Council has three distinct empirical models of the Indian economy, to address a range of issues. A short-term macroeconomic model incorporating a Social Accounting Matrix (SAM) and a set of behavioural equations such as investment, demand and trade has been used to provide short-term forecasts and policy analysis. A structural econometric model has been maintained to provide estimates of the key macroeconomic parameters such as GDP, inflation rate, fiscal balance and external balance over a mediumterm horizon. One application of the econometric model has been to assess the feasibility of sustained high rates of economic growth. The third type of modelling capability that the Council maintains is that of analysing resource allocation across the production sectors in the context of a global economy. What happens if India reduces its trade barriers unilaterally? Or when such trade liberalisation takes place within a multilateral framework? What are the implications of free or regional trade agreements? What are the implications of climate change in a global context? These are the issues that can be examined in a Computable General Equilibrium (CGE) modelling framework. The Council maintains a capability to examine the trade policy issues both in the CGE framework as well as other approaches of partial equilibrium analysis. A set of monthly and quarterly reports disseminate the macroeconomic perspectives from NCAERs research. MacroTrack, a monthly journal providing insights from analysis of issues relating to agriculture, industry, trade, finance and the overall economy is now in its eighth year of publication. Quarterly Review of the Economy, a package of quarterly reports and seminars on the economy is in operation for well over a decade. The quarterly reports constitute a comprehensive review of the economy and a report on the quarterly survey of business expectations conducted by the Council. The Business Confidence Index constructed by the Council is based on these quarterly surveys. This analytical capability has been formed through active collaborations with the official agencies, scholars and universities in India and abroad.
ACTIVITIES 200506
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2006
QUARTERLY REVIEW OF THE ECONOMY (M/05/020)

SPONSOR : Annual subscribers
INDIA POLICY FORUM* (G/05/009)

SPONSORS:
This subscription-based service comprises Quarterly Review of the Economy, a quarterly Business Expectations Survey (BES), a monthly newsletter, MacroTrack, and quarterly State of the Economy seminars. Quarterly Review of the Economy aims at providing assessments on macro-economic models, leading indicators, and the BES which assesses the economy to generate a Business Confidence Index (BCI). MacroTrack provides information and analyses on major trends in the economy, industry and finance. The State of the Economy seminars comprise presentations by the NCAER team and commentaries by invited experts. Subscribers to Quarterly Review and other experts also make presentations on specific topics related to the Indian economy. The contents of Quarterly Review are available to subscribers both electronically as well as in printed form.
PROJECT TEAM: DEVENDRA KUMAR PANT, RAJESH
CHADHA, ANIL SHARMA, ANUSHREE SINHA, SANJIB POHIT, S K N NAIR, KANHAIYA SINGH, SUNIL K SINHA, SAURABH BANDYOPADHYAY, KHURSHEED ANWAR SIDDIQUI, DEVENDER PRATAP, SAMBASIVA RAO, RACHNA SHARMA AND ANJALI TANDON
State Bank of India, Tata Sons, Citigroup and HDFC Bank The second India Policy Forum (IPF) conference was held at India Habitat Centre, New Delhi, on July 25, 2005. Dr John Williamson, Senior Fellow, Institute of International Economics, Washington, DC delivered the second annual IPF lecture on What Follows the Era of the USA as the Worlds Growth Engine? The inaugural issue of the India Policy Forum annual publication, India Policy Forum 2004, was published in January 2005. The second volume was published in July 2006.
PROJECT TEAM: SUMAN BERY, SHASHANKA BHIDE

AND KARTIK VENKATRAMAN
ASSESSING THE POTENTIAL FOR ECONOMIC COOPERATION BETWEEN INDIA AND FINLAND* (M/05/077)
SPONSOR:
EXPERT COMMENTATORS AT QUARTERLY REVIEW SEMINARS IN 200506:

PROF DEEPAK LAL, UNIVERSITY OF CALIFORNIA, LOS ANGELES (ULCA) MR K L DATTA, CENTRE FOR DEVELOPMENT AND HUMAN RIGHTS DR RAJIV KUMAR, CONFEDERATION OF INDIAN INDUSTRY DR PRONAB SEN, PLANNING COMMISSION DR SAUMITRA CHAUDHURI, ICRA LIMITED
SITRA, Finnish National Fund for Research and Development In this paper, we look at the potential opportunities for business co-operation between India and Finland. We examine the pattern of trade between the two countries, examine the growth potential in India and provide an assessment of the potential for linkages between the two economies.
PROJECT TEAM: SHASHANKA BHIDE, DRIPTO

MUKHOPADHYAY, DIVJOT SINGH, DIVYA KRISHNAN AND PAWAN KUMAR
POTENTIAL AND CONSTRAINTS ON INDIAS ALCOHOLIC BEVERAGES INDUSTRY* (M/05/078)
SPECIAL PRESENTATIONS
DR M GOVINDA RAO, NATIONAL INSTITUTE OF PUBLIC FINANCE AND POLICY MR P N GUPTA, STEEL AUTHORITY OF INDIA LIMITED DR NAGESH KUMAR, RIS
Diageo Limited This study has examined a number of issues relating to the spirits segment of alcoholic beverages industry. One of the important distortions affecting this industry is the multiplicity of taxes applied to this sector.
SPONSOR:
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The study aims to provide an assessment of the variations in tax rates applied to this sector in different states of the country. The study also examines the competitiveness of the domestic industry in the context of import duties applied to this sector. The study has pointed to the wide discrepancy in the estimated quantity of production and consumption of alcohol. The high taxes lead to evasion, especially when enforcement mechanism is weak. Putting together data from various sources, the study places the estimates of India Made Foreign Liquor (IMFL) and Country Liquor production/consumption at 7677.2 million litres during 2005, which means actual production and consumption of alcohol, is around 3.5 times the level indicated by the data on State Excise Revenue Statistics. Clearly, this has serious implications from the revenue angle. While high rates of taxes are justified as a means to raise revenue and to reduce consumption of alcohol, both objectives seem to be undermined.
PROJECT TEAM: SHASHANKA BHIDE, J S BEDI AND
L M PANDEY
DEVELOPMENT OF INDIRECT TAX MODEL IN USAID- REFORM STATES (M/05/086)
Bearing Point / USAID The tax model for the three USAIDREFORM States Karnataka, Jharkhand and Uttaranchal should provide a detailed framework for projecting indirect taxes by year and analyse the revenue impacts of proposed indirect tax policies by creating or changing tax law parameters to compute the resulting tax liability. The model should be flexible enough to allow the user to specify alternate tax policies for most indirect taxes and sufficiently detailed to provide estimates of VAT.
PROJECT TEAM: ANUSHREE SINHA, SHASHANKA
BHIDE, SAURABH BANDYOPADHYAY, PURNA CHANDRA PARIDA, POONAM MUNJAL, PRAVEEN SACHDEVA, RAKESH KUMAR SRIVASTAVA, SUDESH BALA AND SADHANA SINGH
SPONSOR:
QUARTERLY REPORTS FOR THE EMBASSY OF JAPAN, NEW DELHI* (M/05/67)
DEVELOPMENT OF STATE-LEVEL MACRO DATABASE IN THE THREE USAID-REFORM STATES (M/05/071)
Embassy of Japan, New Delhi Developed four quarterly reports for the Embassy of Japan. Topics covered: ValueAdded Tax in India June 2005; Funding Infrastructure in India September 2005; Supply and Demand of Petroleum Products in India December 2005; India-Singapore CECA March 2006.
PROJECT TEAM: RAJESH CHADHA, DEVENDRA KUMAR
PANT, ANJALI TANDON AND ABHISHEK AKHOURI
SPONSOR:
Bearing Point /USAID Proposed a framework for developing macro-economic databases for the three USAID-REFORM States Karnataka, Jharkhand and Uttaranchal. The database was developed in SQL Server 2000 and included both industry and fiscal data sets. The data are comprehensive enough for the Fiscal Policy Analysis Cells (FPACs) in each of these States to formulate comprehensive overviews on their respective macro economic conditions.
PROJECT TEAM: SHASHANKA BHIDE, ANUSHREE
SINHA, SAURABH BANDYOPADHYAY, PURNA CHANDRA PARIDA, POONAM MUNJAL, PRAVEEN SACHDEVA AND RAKESH KUMAR SRIVASTAVA
SPONSOR:
JOINT STUDY GROUP (JSG): ECONOMIC COOPERATION BETWEEN INDIA AND JAPAN (M/05/076)
SPONSOR:
Ministry of Finance, Government of India Developed two chapters of the JSG Report on Trade in Goods and Trade in Services.
PROJECT TEAM: SUMAN BERY, RAJESH CHADHA,

DEVENDER PRATAP AND ANJALI TANDON
FOREIGN DIRECT INVESTMENT (FDI) ENVIRONMENT IN INDIA (M/05/083)

SPONSOR:
Ministry of Economy, Trade and Industry (METI) and Japan External Trade
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Organisation ( JETRO), Government of Japan Document FDI-related institutions and procedures at Central as well as State level (major States to be considered). Document Indian investment laws and policies covering general investment, capital structures, performance requirements (including foreign exchange balancing) and TRIMS, accounting and tax systems, royalty, land ownership, labour, immigration, and disseminate relevant judicial systems and legislations regulating foreign exchange inflow, etc.
PROJECT TEAM: RAJESH CHADHA, GEETHANJALI
NATARAJ, ABHISHEK KUMAR, PRIYA NATARAJAN AND SHEFALI RAI
cumulative indirect taxes and hence forms the basis for the alternative scheme proposed in this study.
PROJECT TEAM: R VENKATESAN, M R SALUJA, RUPA
MALIK, POONAM MUNJAL AND REETA KRISHNA
FEASIBILITY REPORT ON ESTABLISHING A THINK TANK IN THE SULTANATE OF OMAN* (M/04/061)

SPONSOR:
IMPACT OF GLOBALISATION ON NATIONAL FIRMS: THE CASE OF INDIA AND CHINA IN A COMPARATIVE PERSPECTIVE* (M/05/081)
European Union (EU) A two-day international workshop on Impact of Globalization on National Firms: The Case of India and China in a Comparative Perspective in collaboration with CSH, LSE and IIC was organised and a paper on Indian industry was developed. The findings of the paper was presented in the workshop. A paper titled Statistical analysis of the evolution of Indian Industry in the postliberalisation era was prepared.
PROJECT TEAM: BASANTA K PRADHAN, SHALABH K
SINGH AND BIJAY CHOUHAN
SPONSOR:
EXPORT PROMOTION SCHEME REPLACING DUTY ENTITLEMENT PASSBOOK (DEPB) SCHEME* (I/05/034)
SPONSOR:
Ministry of Commerce and Industry, Government of Sultanate of Oman. Suggests the vision, mission and activities of the proposed think-tank based on discussions with relevant authorities; evolves a proper positioning of the think-tank in the overall economic development framework in Oman; identifies the type of organisation and a suitable structure for the proposed thinktank; suggests the composition of the research team, qualifications and experience of its members, their functioning including the linkages with various ministries in Oman, and, finally, indicates the funds that would be required for establishing such a think-tank. Unlike reports by other international agencies which are generally based on an assessment at a particular moment in time, NCAERs report was prepared after prolonged discussions with various stakeholders. NCAER proposes that the most appropriate initial institutional response would be to create a policy-planning unit reporting to the Minister which could form the nucleus of an independent research organisation.
PROJECT TEAM: R VENKATESAN, RAJESH SHUKLA

AND RUPA MALIK
Directorate General of Foreign Trade, Ministry of Commerce Proposes a new, WTO complaint scheme for exporters. The DEPB has been countervailed chiefly because there is no nexus between imported inputs and exports while import duties are cited for incentives/ reimbursement. Annex II of Agreement on Subsidies and Countervailing Measure (ASCM) allows for remission of prior stage
PROJECT ADVISOR AND FINAL RECOMMENDATIONS: SUMAN BERY PROJECT INITIATION: PRADEEP SRIVASTAVA
SNAP SURVEY OF REGISTERED DEALERS UNDER CST ACT* (I/05/032)

SPONSOR:
Department of Excise and Taxation, Government of Punjab Estimates sales tax evasion at the macrolevel in Punjab, finds the linkages between
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sectoral performance and sales tax collection and compares with other States, determines to what extent registered and unregistered dealers are under-reporting taxable transactions, thereby evading sales tax and suggests measures to restrict leakage in the form of sales tax evasion.
PROJECT TEAM: R VENKATESAN, DRIPTO
MUKHOPADHYAY, M R SALUJA, BIBEK RAI CHAUDHURI AND POONAM MUNJAL
STUDY OF MACROECONOMIC IMPACT OF HIGH OIL PRICES* (M/05/072)
EVALUATION OF RASOI GHAR* (S/05/016)

SPONSOR:
PetroFed Examines the impact of high oil prices on some of the key aggregates of the economy in the past both for India as well as for select developing and large economies like China and Brazil; studies the implications of the high world oil prices to the Indian economy and identifies the policy responses that could sustain its growth momentum and restrain inflationary effects.
PROJECT TEAM: ANUSHREE SINHA, PURNA CHANDRA
PARIDA, POONAM MUNJAL, PRAVEEN SACHDEVA, SUDESH BALA AND SADHNA SINGH
SPONSOR:
Hindustan Petroleum Corporation
Limited. Hindustan Petroleum Corporation Ltd (HPCL)s innovative project, HP GAS Rasoi Ghar (community kitchen) provides alternative environment-friendly form of cooking energy in rural areas. The study was aimed at critically reviewing the working of these Rasoi Ghars to enable the agency to take corrective measures to effectively implement the programme at the all-India level.
PROJECT TEAM: RAJESH SHUKLA, RUPINDER KAUR,
TAJENDER SINGH AND SUBRATA BANDYOPADHYAY
IMPACT ASSESSMENT OF JAN KEROSENE PARIYOJANA (JKP) (M/05/056)

SPONSOR:
TOURISM SATELLITE ACCOUNT* (M/04/048)
Ministry of Tourism and Culture This study marks the culmination of a long process, first initiated in 2000, when the Ministry of Tourism commissioned NCAER to undertake a feasibility study to develop Indias first Tourism Satellite Account (TSA). Data from the All-India Domestic Tourism Survey, International Passenger Survey and official sources have been brought together to develop a pilot TSA for India. In addition to providing internationally comparable and credible estimates of tourism in the Indian economy, the development of the pilot TSA will also contribute to further strengthening the national statistical system for attracting tourism on a larger scale.
PROJECT TEAM: PRADEEP SRIVASTAVA, RAJESH
SHUKLA, M R SALUJA, K A SIDDIQUI, POONAM MUNJAL AND ASHA SHARMA
SPONSOR:
Petroleum Planning and Analysis Cell (PPAC), Ministry of Petroleum and Natural Gas The study involves a concurrent diagnostic study to help in fine-tuning the implementation of the JKP and an impact assessment study on its performance. The Impact Assessment Study provides the assessment using a set of indicators that covers the processes for ensuring adequate supplies to the PDS and monitoring systems that ensure proper targeting of the benefits and actual impact on the intended beneficiaries. The study is being conducted on the basis of with and without methodology of impact assessment surveys. For these surveys, a sample of blocks is taken up from among those where the pilot scheme is implemented, 150 blocks have been taken up for the survey. Two villages each from 150 adjoining blocks without JKP are also surveyed.
PROJECT TEAM: DEVENDRA KUMAR PANT,

SHASHANKA BHIDE, P K ROY, RAJESH JAISWAL, RUPINDER KAUR, RASHMI RASTOGI, TEJINDER SINGH, LAL MANI PANDE, R S LANDGE AND J M SHAWL
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COMPREHENSIVE STUDY TO ASSESS THE GENUINE DEMAND AND REQUIREMENT OF SKO* (M/05/079)
SPONSOR:
India-EU service trade: current status and future prospects.

PROJECT TEAM: SANJIB POHIT AND ANJALI TANDON
Petroleum Planning and Analysis Cell (PPAC), Ministry of Petroleum and Natural Gas Studies the distribution of kerosene under the PDS by various States/UTs, including price and taxation levels, whether the subsidised kerosene is reaching the targeted people. Also assesses the demand and consumption of PDS kerosene in various States and UTs by different types of cards and places of residence. Also forecasts the demand for kerosene and LPG and establishes the correlation, if any, between the requirement of kerosene and release of new LPG connections.
PREPARATION OF USER-FRIENDLY DOCUMENT MASTER PLAN FOR DELHI 2021 (H/04/018)
PROJECT TEAM: DEVENDRA KUMAR PANT, P K ROY,

RAJESH JAISWAL, S K DWIVEDI, SHISHIR SHEKHAR, PIYUSH KUMAR SHANDILAYA, RASHMI RASTOGI, AMBIKA AGGARWAL, K A SIDDIQUI, M K ARORA, K S URS, TEJINDER SINGH, R S LANDGE, ASHA SHARMA, SUBRATA BANDYOPADHYAY, CHARU JAIN, RAJ KUMAR CHAUDHARY AND POONAM MUNJAL
Delhi Development Authority The objective of the study is to facilitate the DDA in the process of finalisation of Delhis Master Plan in a user-friendly format using graphics and explanation of technical terms and concepts. Once the MPD 2021 is adopted through various pieces of legislation, the Council will help in preparing brief dissemination documents highlighting the salient features of the Master Plan affecting the common citizen and would undertake media work through power point presentations.
PROJECT TEAM: SAUMEN MAJUMDAR, D B GUPTA
AND S K BATHLA
SPONSOR:
ECONOMIC ASSESSMENT OF INDIA-CHILE FTA* (M/05/075)

SPONSOR:
ADVISER ON SAMPLE SURVEY: RAJESH SHUKLA PROJECT REVIEW COMMITTEE MEMBERS:

SHASKANKA BHIDE AND ANIL KUMAR SHARMA
ECONOMIC ASSESSMENT OF INDIA-EU COMPREHENSIVE ECONOMIC ENGAGEMENT* (M/05/082)

SPONSOR:
Ministry of Commerce and Industry, Government of India A study of the implications of India entering into a comprehensive economic engagement with the EU. The various components of the study are: Economic assessment of India-EU FTA using the NCAER-Michigan global trade model and India-EU Investment relations: current status and future prospects; assessing export competitiveness of India in the enlarged European Union: emerging trends and policy options; environment related barriers in IndoEU trade: issues and policy challenges and
Ministry of Commerce & Industry, Government of India Analyses the potential implication of a FTA with Chile using the NCAER-Michigan Global Trade Model. To be specific, this includes analysis of the following: Bilateral liberalisation of trade in goods; bilateral liberalisation of trade in services; sectorspecific effects; and welfare implication of FTA between India and Chile.
PROJECT TEAM: SANJIB POHIT, ANJALI TANDON AND

DEVENDER PRATAP
POLICY RESEARCH NETWORKING TO STRENGTHEN POLICY REFORMS: MACROECONOMIC GROUP* (M/03/046)

SPONSORS:
Asian Development Bank (ADB) and Department of Economic Affairs (DEA) Ministry of Finance, Government of India The Policy Research Networking Programme of ADB and DEA was initiated to
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strengthen policy reforms in India. As part of this programme, NCAER and Indian Institute of Management (Calcutta) were made nodal agencies for four and three papers respectively. In addition, NCAER had to coordinate the research programme, prepare policy papers and organise the dissemination seminars.
PROJECT TEAM: SUNIL SINHA, KANHAIYA SINGH,
RACHNA SHARMA, Y VENKATARAMANA AND RAKESH SRIVASTAVA
experiences, recent policy changes and economic performances of the emerging sectors and outlines an understanding of the economys potential in terms of advantages and weaknesses. The model used is divided into two-point estimation based on the presence of trend and cyclical components of the long series of GDP and the forecasts derived are depicted separately for the trend and the trend and cycle together.
PROJECT TEAM: SAURABH BANDYOPADHYAY, SAMIR K
MONDAL, TOPOSMITO SENGUPTA AND PRADIP KUMAR BISWAS
ASSESSING AN ALTERNATIVE MEDIUM-TERM GROWTH SCENARIO FOR THE INDIAN ECONOMY* (M/05/066)
SPONSOR:
Confederation of Indian Industries
A RESEARCH ASSIGNMENT TO PREPARE A COMMENTARY FOR VISA INTERNATIONALS WHITE PAPER ENTITLED PAYMENT SOLUTIONS FOR MODERNISING ECONOMIES* (M/05/055)
SPONSOR:
(CII) An analysis of the role of the various factors that influence economic growth, which, in a broader manner, link the growth performance of the economy and two crucial goals generation of employment and reduction of poverty. The study generated alternate growth scenarios of economic growth. In the absence of continuity of the reform process and global economic growth, the growth of the Indian economy will also be reduced. However, if the reform process continues with FDI inflow growth similar to the present levels and provided the global economy also maintains its current growth momentum, India has a potential to attain a growth rate of more than eight per cent on a sustained basis. In order to attain this growth, more reforms and better global environment would be required.
PROJECT TEAM: DEVENDRA KUMAR PANT,
SHASHANKA BHIDE AND K A SIDDIQUI
R&P Management Communication Pvt. Ltd. and funded by Visa International Ascertains the benefit of Electronic Payment System (EPS) to the economy which are numerous. Some of the major gains include time and cost savings, increment in consumption, streamlining pension account, efficiency in Government resource allocation etc. to an overall 14 per cent contribution to GDP.

MONDAL AND ANANYA SARKAR
COMPETITIVENESS OF THE BEER INDUSTRY IN ANDHRA PRADESH* (M/05/053)
ECONOMIC ANALYSIS AND FORECAST OF INDIA* (M/05/063)

SPONSORS:
Hochtief Air Port GmbH, Germany and its partners Piramal Holdings Ltd. and Larsen and Toubro (L&T) Ltd. Projects the long-term growth prospects of the Indian economy taking a synoptic view of the economy and accounting for planning
Tecnova Global Ltd. and funded by SAB Miller Reviews the trend in the tax rates imposed on beer in Andhra Pradesh, analyses the components of ex-factory pricing, determines the optimum revenue neutrality scenario which includes the fall in Government revenue as a result of downward revision of tax rates. As beer is price and income-sensitive product, the impact of reduction in excise leads to higher revenue generation through increased consumption.
MONDAL AND ANANYA SARKAR
SPONSOR:
ACTIVITIES 200506
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RETAINER RELATIONSHIP WITH TECNOVA* (M/05/058)

SPONSOR:
Tecnova Global Ltd. An earlier study, Competitiveness of beer industry in Andhra Pradesh, fructifies into a broader analysis for Delhi, Karnataka, Maharashtra, Orissa, and Rajasthan. As revealed in the analysis for Andhra Pradesh, beer is a price as well as income sensitive. However, due to variations in the prices of beer and income levels, the price and income elasticity vary. Therefore, reduction in excise incidence would result in a revenue impact obviously caused by the increase in the volume of consumption.
of tax revenue realisation with a relatively lower level of excise incidence. The methodology of the study is chiefly an econometric analysis of the time series data relating to volume of consumption with price, income along with cross price sensitivity of demand.
PROJECT TEAM: SAURABH BANDYOPADHYAY, R
VENKATESAN AND SWATI BAJAJ
TOWARDS ASSESSING THE PERFORMANCE OF THE DEFENCE RESEARCH AND DEVELOPMENT ORGANISATION (DRDO) PHASE I: FRAMEWORK OF ANALYSIS (M/05/084)
SPONSOR:
PROJECT TEAM: SAURABH BANDYOPADHYAY AND

TOPOSMITO SENGUPTA
STUDY OF BEER INDUSTRY IN INDIA (M/05/080)
SAB-Miller An estimation of the impact of taxation on the volume of consumption of beer in the different States of India. The excise incidence is placed in a Laffer curve framework, which, given the price and income and cross sensitivity of demand, leads to higher volume
SPONSOR:
Defence Research and Development Organisation (DRDO), Ministry of Defence, Government of India An assessment of the operational effectiveness of DRDO in meeting the goals enshrined in its vision and the mission statements and seeks to optimise the combat effectiveness of the defence services through product development and technological solutions
PROJECT TEAM: KANHAIYA SINGH AND S K MONDAL
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INVESTMENT CLIMATE, PHYSICAL AND ECONOMIC INFRASTRUCTURE*

Well-functioning power, telecommunications and transportation infrastructure are vital for any modern economy. Over the years, NCAER has produced a number of important studies and reports on Indias infrastructure, including topics such as domestic fuel use, use of non-conventional energy, regulatory framework for electricity generation and supply, telecommunication and transportation. The Council has established a Centre for Infrastructure Studies and Regulation. An important project currently under way at the Centre focussing on regulation and competition in infrastructure industries is funded by the EU-India Economic Crosscultural Programme of European Commission. The project is a collaboration between the Council and a group of European research institutions led by Centre for Economic Policy Research, London. The Centre for Infrastructure Studies and Regulation has carried out a series of studies in the telecommunication sector focussing on the Universal Service Obligation. Rural infrastructure issues have now emerged as key to rural development strategy. The Council has completed an important programme on rural infrastructure which reviews the status of these services and lessons from various approaches to rural infrastructure development. In the area of transportation, the Council has carried out studies on the civil aviation sector, inland transportation and is currently involved in a study of passenger transportation in the States. Besides the physical infrastructure sectors, development of the industrial sectors has been an important area of research for us. The studies on E-readiness in the States to facilitate E-governance are our pioneering projects. Surveys of household expenditure provide important data to understand the role of different sectors in terms of their impact on the economy. A detailed survey of domestic tourism has provided information on spending by domestic tourists in the country. The Market Information Survey of Households has generated a large database on consumer purchases of major consumer goods across income groups, States, major cities and for urban and rural areas.
EFFICIENCY, EQUITY AND ACCESS IN INDIAN INFRASTRUCTURE: BLENDING COMPETITION AND REGULATION (I/05/035)
SPONSOR:
EU-India Economic CrossCultural Programme European Commission Combines the analytical experience of Europe on issues relating to regulation and competition with the emerging practical experience in India in achieving private sector participation in infrastructure projects. Seeks to foster collaborative efforts between NCAER and European partner institutions and provides opportunities for European scholars to learn more about Indias economic policy. The Indian policy and academic community can also learn from European research.
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PROJECT TEAM: SHASHANKA BHIDE, SAURABH

BANDYOPADHYAY, SUMAN BERY, RAJESH CHADHA, SAMANTAK DAS, INDRANIL DE, SAUMEN MAJUMDAR, PAYAL MALIK, DRIPTO MUKHOPADHYAY, SANJIB POHIT AND SAMBASIVA RAO
PROJECT TEAM: R VENKATESAN, Y K TANWAR,

KANIKA KALRA AND RAKESH SRIVASTAVA
E-READINESS ASSESSMENT OF STATES AND UTS, 200405 (I/05/040)

SPONSOR:
RELEVANCE AND IMPACT OF CENTRAL SCHEME OF ASSISTANCE TO COOPERATIVES FOR MARKETING, PROCESSING, STORAGE, ETC. PROGRAMMES IN COMPARATIVELY LESS DEVELOPED STATES/UTS (I/05/038)
SPONSOR:
National Cooperative Development Corporation (A statutory body) Studies the impact of the scheme which has been in operation for the past 30 years with a view to assess at the ground level the changes brought about in the income levels of the rural population through cooperatives, and recommend changes required to improve upon deficiencies of the scheme.
Department of Information Technology, Government of India Assesses and ranks the States of India on the basis of their E-readiness based on a primary survey. The E-readiness study of NCAER and DIT has assumed importance with all State-level policy planners ever since the release of the first Report in 2003 and is now an annual event.
PROJECT TEAM: R VENKATESAN, RUPA MALIK, Y K

TANWAR, KANIKA KALRA, RAJEEV NARAYAN, WILIMA WADHWA AND R K BAISYA
SOCIAL COST-BENEFIT ANALYSIS OF COMMUNITY INFORMATION CENTRES (CICs) IN THE NORTH-EASTERN REGION (I/05/039)
SPONSOR:
PROJECT TEAM: R VENKATESAN, SAURABH

BANDYOPADHYAY, VEENA NABAR AND SHANKAR SHARMA
ECONOMIC GAINS OF CARGO MOVEMENT THROUGH INLAND WATER TRANSPORT MODE IN NATIONAL WATERWAYS NO. 1 * (I/05/036)
SPONSOR:
Inland Waterways Authority of India (Ministry of Shipping, Government of India) Realistically identifies the nature and quantum of cargo likely to be available for transportation on NW-1and NW-2. Also, assesses the operators cost of transportation for the given cargo traffic by Inland Waterways Transportation (IWT) mode vis-avis other comparable modes of transport. The study also quantifies economic gains of IWT in NW-1 and NW -2 in terms of a) reduction in energy consumption and operational costs vis-a-vis road and rail transport, b) savings in construction, maintenance and congestion costs over rail and road, c) savings in users cost, and d) reduction in environment cost and social benefits by way of inter-linking of areas not served by other modes of transport.
National Informatics Centre, Ministry of Communications and Information Technology, Government of India Segregates the types of services provided by the CICs in the region in categories G2C (Government to Citizen), B2C (Business to Citizen) and G2G (intra-government) and proposes an understanding of the revenue points in terms of internet content, downloading, printing etc., as well as under the category of service provision such as B2C, G2C, G2G. A few CICs in the North-eastern region has been selected to correlate revenue generation to demographic characteristics. Includes a critical examination of past programmes, the functioning of the CICs, and analyses users expectations in the regions of study. There is also an integration of the indicators on the social relevance of setting up CICs along with economic sustainability indicators and an examination of different options of private-public partnership that can ensure financial viability such as the model of G2B2C.
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PROJECT TEAM: R VENKATESAN, WILIMA WADHWA,

Y K TANWAR, RUPA MALIK, KANIKA KALRA, RAJEEV NARAYAN AND R K BAISYA
A STUDY OF STATE POLICIES AFFECTING COMPETITION PASSENGER TRANSPORT SECTOR (I/05/037)

SPONSOR:
The Competition Commission of India This study attempts to advocate enhanced competition and institutional reforms to bring about greater competition within the passenger transport sector across the States of India and within their boundaries. This would enhance the efficiency of the development process and the economys capacity attain the desired economic and social ends.
PROJECT TEAM: R VENKATESAN, Y K TANWAR, RUPA

MALIK, KANIKA KALRA AND RAJEEV NARAYAN
CENTRE FOR INFRASTRUCTURE AND REGULATION (I/01/013)

SPONSORS:
Telecommunications, Government of India As part of the reforms of the telecom sector, a non-lapsable Universal Service Obligations Fund has been set up through Central legislation with the aim of ensuring universal access by funding unrenumerative telecom services in rural areas. This study supports the selection process of universal service providers for different services and regions through a transparent bidding process. The support to this selection activity is provided through determining the fair amounts of subsidy, calculated on the basis of economic and technical data, which are then used as benchmarks for bids. With the finalisation of benchmarking of subsidies for providing rural private phones (DELs) in 1,685 identified unremunerative service areas in the country, the work has been completed for all six categories of services taken up for subsidy support.
PROJECT TEAM: S K N NAIR AND SAMBASIVA RAO
United Nations Development Programme (UNDP) and Department of Economic Affairs, Ministry of Finance, Government of India A proposal to set up a dedicated Centre for Infrastructure in NCAER to undertake both sponsored studies as well as carry out continuing research on policy and related issues of economic infrastructure supported by a comprehensive database. The Centre is now functional. The concluding activity is the compiling of a Status Report on Infrastructure Services in India. The Report looks at the role of infrastructure to explain the differences in the levels of socioeconomic development in different States. This work is in progress: Expected completion September 2006.
REVIEW OF SUBSIDIES DRAWN FROM THE UNIVERSAL SERVICE OBLIGATION FUND* (I/05/033)
SPONSOR:
Administrator, Universal Service Obligation Fund, Department of Telecommunications, Government of India A mid-term review of the subsidies extended to the service providers of rural telephony in respect of Village Public Telephones (VPTs) and recommends an appropriate revision of the subsidy benchmarks for each service area in the country.
PROJECT TEAM: S K N NAIR AND SAMBASIVA RAO
COMPREHENSIVE STUDY OF DEMAND FOR CEMENT* (M/04/049)

SPONSORS:
PROJECT TEAM: S K N NAIR, SAUMEN MAJUMDAR,

SAMBASIVA RAO AND K JAMAL KHAN
TELECOM-UNIVERSAL SERVICE OBLIGATIONS (BENCHMARKING OF SUBSIDIES) (I/02/019)

SPONSOR:
Administrator, Universal Service Obligation Fund, Department of
National Council for Cement and Building Materials (NCB) and Ministry of Commerce and Industry, New Delhi The report has analysed in detail a number of issues facing the cement industry and projected cement demand in six alternate
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scenarios. The projections indicate that the growth of cement demand could vary from 8.4 to 14 per cent depending on the policy initiatives of the Government. There are huge distortions in the tax structure related to the cement industry, and the infrastructure support is also inadequate. The report has made number of policy related recommendations that need to be initiated in the areas of fiscal policy, trade related issues, monetary policy, construction policy, railways policy, coal linkages, power policy and other infrastructure supplies related to the cement industry.
PROJECT TEAM: KANHAIYA SINGH, K A SIDDIQUI,
RACHNA SHARMA, Y VENKATARAMANA AND RAKESH SRIVASTAVA
must be sustained by cutting revenue expenditures and simultaneously generating other sources of receipts.
PROJECT TEAM: KANHAIYA SINGH, RACHNA SHARMA,
RUPA MALIK, REETA KRISHNA, Y VENKATARAMANA AND RAKESH SRIVASTAVA
STATE DEVELOPMENT REPORT FOR UTTARANCHAL (M/05/059)

SPONSOR:
Planning Commission of India A 10-chapter Report, complete with Executive Summary on Uttaranchal.
PROJECT TEAM: KANHAIYA SINGH, PRADEEP KUMAR

SRIVASTAVA, S K N NAIR, S S RAO, RACHNA SHARMA AND Y VENKATARAMANA
DISTRICT-WISE EXPORT POTENTIAL SURVEY COORDINATION OF UTTAR PRADESH DEVELOPMENT REPORT* (I/04/025) IN WEST BENGAL (M/05/065)
SPONSOR:
Planning Commission of India This is an attempt at coordination and compilation of the final document of the U.P. Development Report. The analysis indicates that UP is a low growth low productivity economy, threatened by unsustainable debt, wide-ranging regional disparity and overdependence on rain-fed agriculture. The economy appears to be trapped in a low level equilibrium arising out of low farm holdings and lower capacity of farmers to raise resources. The industrial sector, which is fragmented and operates at small scales, is unable to cope with competition from imports, particularly from China. The financial condition of the State has been precarious despite some improvements in recent years and
SPONSOR:
Ministry of Industry, Government of West Bengal Presently, West Bengal has a major share in the countrys exports in items like engineering, tea, jute, agro-products, small leather products and marine products. By and large, these are all traditional items of exports from the State. Understandably, if exports from West Bengal have to attain a double-digit share in Indias exports, efforts are required to diversify the export basket of the State apart from increasing the exports of traditional items. The Study assesses the district-wise export potential with reference to traditional items as well as new products and to draw relevant policy conclusions.
PROJECT TEAM: SAMANTAK DAS, DRIPTO

MUKHOPADHYAY AND SANJIB POHIT
36
2005
2006
AGRICULTURE, RURAL DEVELOPMENT AND RESOURCE MANAGEMENT*

Agriculture continues to be critical because of its importance to the rural economy on which about 60 per cent of the population depends. While the importance of Agriculture in terms of its contribution to the overall GDP has declined over the years to reach 20 per cent in 200607, its role as provider of livelihood to the unskilled labour force cannot be overlooked. In the absence of rapid growth of employment in the non-agricultural sectors, dependence on agriculture for such safety nets would continue. At the same time, the potential for further improvements in productivity, efficient resource use and conservation of resources are significant and needs to be exploited to sustain the competitive position of the sector in this era of global markets. The building of strong and mutually beneficial linkages between Agriculture and Industry is necessary for growth of productivity. The policy challenges in this sector are many and important both in terms of social and economic objectives. The small holdings of the farmers make it imperative that viable models of service and input delivery to the sector are modelled appropriately. Trade policies would need to take into account the constraints in which the sector operates. Suitable models of investment in rural infrastructure are needed not only to improve the living conditions, but also to improve productivity. NCAER has carried out a large number of studies in different areas of the sector over the years. The recent focus has been on trade related issues. The studies have utilised both primary data as well as quantitative models for the analysis. The quantitative models have been applied for trade policy analysis in the partial as well as CGE framework.
AN IMPACT ASSESSMENT STUDY OF NATIONAL AGRICULTURAL TECHNOLOGY PROJECT* (M/05/060)
SPONSOR:
National Agricultural Technology Project, Indian Council of Agricultural Research The study was an attempt to provide an overall impact of NATP specifically covering the Organisation & Management (O&M) systems, Technology Dissemination Systems (TDS), technological, social and environmental impacts with focus on impact on what and impact on whom. The technological impact was sought to be captured by improving the quantity and quality of technology flow and adoption, input use efficiency, enhancement of productivity and profitability. The social impact indicators included the impact on marginal areas and small and marginal farmers, and economic empowerment especially of women. The study also looked at approaches under the NATP to technology development and dissemination activities, and public-private sector participation in these activities.
PROJECT TEAM: SHASHANKA BHIDE, D B GUPTA,

M C JAIN, SURINDER SUD, TEJINDER SINGH, TARUJYOTI BURAGOHAIN, M K ARORA, SUBBARAJ URS AND S K BATHLA
ACTIVITIES 200506
37
2005
2006
LIBERALISING DOMESTIC AGRICULTURAL MARKETS: GAINS FOR INDIA (M/05/069)

SPONSOR:
EXPORTS OF VALUE-ADDED PRODUCTS FROM THE AGRICULTURAL SECTOR: IMPEDIMENTS AND STRATEGIES FOR THE FUTURE (A/02/005)
SPONSOR:
British High Commission, New
Delhi Analyses the impact of liberalising Indias domestic trade in agricultural goods on Indias international trade and to increase awareness among key stakeholders in India and the UK on the potential benefits from domestic and international trade liberalisation in agriculture.
PROJECT TEAM: SHASHANKA BHIDE, RAJESH
CHADHA, DEVENDER PRATAP, ANJALI TANDON AND ABHISHEK AKHOURI
AGRICULTURAL TRADE LIBERALISATION AND DOMESTIC MARKET REFORMS IN INDIAN AGRICULTURE (M/05/060)
SPONSOR:
Australian Centre of International Agricultural Research (ACIAR), Australian Government Evaluates the working of agricultural markets in India and proposes enhancement of their efficiency by taking into account the economy-wide effects of changes in Government intervention and the social effects of the operation of markets. Also, a review of the main institutional and regulatory interventions in select agricultural sectors. The marketing system constraints in select subsectors and their impacts on prices, production, income, consumption, trade and efficiency are examined through in-depth case studies. Finally, the Report identifies, evaluates and quantifies the impact of domestic market and international trade policy reform options on agricultural prices, production, income, consumption, trade and efficiency through the development of suitable industry-specific and economy-wide models.
Agricultural and Processed Food Export Development Authority (APEDA), New Delhi Despite a relatively higher growth in exports of processed products during the recent years, their level in total exports still continues to be very low. This study was taken up to quantify value addition in selected agricultural products and the extent of additional expenses that the exporters of these products have to bear due to lack of infrastructure and other constraints. It also suggests what levels of assistance would be required to compensate exporters after taking into account the levels of processing and value addition made in each of the select products.
PROJECT TEAM: ANIL SHARMA AND PRAMOD KUMAR
POLICY REFORMS IN THE SUGAR SECTOR: IMPLICATIONS FOR THE GUR AND KHANDSARI INDUSTRIES (A/02/004)
Ministry of Food and Consumer Affairs, Government of India, New Delhi Examines the current status of gur and khandsari industries and suggests policy options to address the problems that would arise from the liberalisation of the sugar industry. Accordingly, the precise goals of the study are to estimate the size and output of khandsari and gur units in select sugarcane growing States and examine the systems of cane supply, pricing, rates of recovery and economics of production of khandsari and gur.
PROJECT TEAM: ANIL SHARMA, JATINDER BEDI,
TEJINDER SINGH, AJAY SAHU, ANIMESH KUMAR AND SUNIL KUMAR
SPONSOR:
PROJECT TEAM: RAJESH CHADHA, DEVENDER

PRATAP, ANJALI TANDON AND ABHISHEK AKHOURI
38
2005
2006
A STUDY OF ISSUES ORIGINATING FROM NEW DRAFT FRAMEWORK AGREEMENT ON AGRICULTURE (A/05/011)
SPONSOR:
Ministry of Commerce and Industry, Government of India Builds on the past work that the Council had undertaken to support the Ministry of Commerce on trade negotiations under the AoA. While the July 2004 draft framework
appeared to be fairly comprehensive in dealing with several weaknesses that exist in the current AoA, yet ambiguities and weaker provisions in the new modalities may undermine many of the positives originating from the draft framework. This report is the result of a detailed research on the provisions for export subsidies under the three pillars.
PROJECT TEAM: ANIL SHARMA AND AJAY SAHU
ACTIVITIES 200506
39
2005
2006
HOUSEHOLD BEHAVIOUR, POVERTY, HUMAN DEVELOPMENT, INFORMALITY AND GENDER*

Indias economy has been growing at an annual rate of over six per cent for well over two decades now. This acceleration, from the previous three decades average annual growth rate of less than four per cent has had a significant impact on the patterns of consumption and savings. These, in turn, have influenced the pattern of growth. While the manner in which economic policies would have an impact on households is based on theoretical insights, monitoring the actual changes and deriving their implications on household conditions and behaviour, are significant inputs to public policies as well as strategies of the business sector. Informed decisions are possible only when householdlevel data on the economy are available. NCAER has made important contributions in this area over the years by carrying out surveys of expenditure and income of households. The expenditure surveys have provided profiles of consumers and consumer purchases, mobility of households across income groups, their patterns across economic-demographic characteristics. Some of the surveys are unique for their longitudinal nature and some have extensive coverage in that they provide information at the state level and for rural and urban areas. Besides income, expenditure and poverty analyses, the Council has also investigated a variety of social sector issues in the areas of health and education by analysing primary household data. More recently, the Council has carried out an assessment of the impact of HIV/AIDS on the economy using both field studies as well as CGE modelling framework. A large programme of work on monitoring
THE FIELD STAFF OF REDS PROJECT TEAM DURING A PRE-TESTING OF HOUSEHOLDS SCHEDULE AT THIRUMOHUR VILLAGE, MADURAI, TAMIL NADU, FEBRUARY 16, 2006
ACTIVITIES 200506
41
2005
2006
human development has been an important activity for the Council for about a decade now. This programme presently focuses on maternal and child health issues. The Council has developed a capacity for designing and implementing statistically valid large and small samples for socio-economic surveys.
RESEARCH FOR CHRONIC POVERTY RESEARCH CENTRE (CPRC)* (M/05/057)
SPONSOR:
Chronic Poverty Research Centre, Indian Institute of Public Administration, New Delhi The study uses NCAERs panel data on rural households to examine the dynamics of poverty and factors influencing persistence of poverty and exit from poverty. It provides an assessment of what proportion of households remain in poverty, what proportion moves out of poverty and enters poverty over time. Although these are not estimates for the country as a whole, the data capture a variety of situations across the country. This paper has examined the patterns of movement of rural households across poverty groupings based on a unique panel data set covering a period of three decades. The findings show that there is significant
incidence of chronic poverty in rural India. If we consider the two consecutive periods in which the survey was conducted, separately, the incidence of chronic poverty in the sample panel declined from 28.4 per cent of sample households between 197071 to 198182 to 24.27 per cent of sample households in 198182 to 199899). Among the poor, the percentage of households chronically poor declined from 43.28 per cent to 38.61 per cent over these two sets of time.
PROJECT TEAM: SHASHANKA BHIDE, TANAYA PRASAD
AND SUPREET SONDHI
ECONOMIC GROWTH AND CHRONIC POVERTY (M/05/085)

SPONSOR:
Chronic Poverty Research Centre, Indian Institute of Public Administration Economic growth is expected to have poverty reducing effects. This Report examines the issue using the panel data on rural households covering the period 1970 to 1998. District-level data on agricultural output will be used to combine with the household data to analyse this issue.
PROJECT TEAM: SHASHANKA BHIDE AND DIVYA

KRISHNAN
THE FIELD STAFF OF THE PROJECT, THE INDIA PROGRAMME OF RESEARCH IN HUMAN DEVELOPMENT, 200307, DURING INTERVIEW ON HEALTH AND EDUCATION IN PATNA, BIHAR, 2005
42
2005
2006
INVESTIGATION OF THE REASONS OF HIGH DROP-OUT RATES IN SECONDARY AND SENIOR SECONDARY STAGE IN INDIA (H/05/025)
SPONSOR:
PARENTAL EDUCATION AND CHILD OUTCOMES (H/04/021)

SPONSOR:
Department of Secondary and Higher Education, Ministry of Human Resource Development The Study provides some of the key parameters that would help in understanding the dimensions of the problem of achieving high levels of secondary school education in the country. It assesses the estimates of current population in the age group of 15 to 19 years in different States, examines the trend of enrolment in secondary classes across States, reviews the enrolment of students in vocational courses after Class VIII or any other similar institutions like ITIs which offer vocational courses. Based on a field study, it identifies the social, economic and other reasons causing drop-outs.
National Institutes of Health and Human Development, Maryland, USA In this project, detailed information of school-going children from over 41,000 households was collected during the first phase. In addition, all children in the surveyed household falling in the age group of 811 years were administered specially-designed learning tests. The project is in the second phase of data validation, which is expected to be completed by August 2006. Based on these data, a detailed report would be prepared which is also likely to be published as the India Human Development Report.
SENIOR ADVISOR: ABUSALEH SHARIFF PROJECT TEAM: AMARESH DUBEY, O P SHARMA,

ABHILASHA SHARMA, MONISHA GROVER, LIPIKA DAS GUPTA, KOYAL ROY, ABHISHEK KUMAR, NISHA VARGHESE, HEMANT HAZARIKA, AND VIDYA SAGAR
PROJECT TEAM: SHASHANKA BHIDE, TARUJYOTI

BURAGOHAIN, S K DWIVEDI AND KALICHARAN SHUKLA
EXTERNAL TEAM: REEVE VANNEMAN, SONALDE

DESAI AND MITALI SEN (ALL UNIVERSITY OF MARYLAND)
MATERNAL AND CHILD HEALTH (H/03/016)

SPONSOR:
HEALTH ENVIRONMENT, ECONOMIC DEVELOPMENT (H/03/022)

SPONSOR:
National Institutes of Health and Human Development, Maryland, USA In this project, detailed information of children and eligible women from over 41,000 households were collected during the first phase. The project is in the second phase of data validation, which is expected to complete by August 2006. Based on these data, a detailed report would be prepared which is also likely to be published as India Human Development Report.

ABHILASHA SHARMA, MONISHA GROVER, LIPIKA DAS GUPTA, KOYAL ROY, ABHISHEK KUMAR, NISHA VARGHESE, HEMANT HAZARIKA, AND VIDYA SAGAR
National Institutes of Health and Human Development, Maryland, USA The project Health Environment, Economic Development is the third project sponsored by University of Maryland. The project is exploratory in nature. The data have been collected from over 600 households in four States, viz., Madhya Pradesh, Tamil Nadu, Uttaranchal and West Bengal. The main objective of this work is to develop, test and refine a set of research methods that will enable us to measure important environmental variables at household level. Therefore, these can be incorporated in the large surveys in cost effective way.
EXTERNAL TEAM: REEVE VANNEMAN, SONALDE

DESAI AND MITALI SEN (ALL UNIVERSITY OF MARYLAND)
ACTIVITIES 200506
43
2005
2006
ABHILASHA SHARMA, MONISHA GROVER, LIPIKA DAS GUPTA, KOYAL ROY, ABHISHEK KUMAR, NISHA VARGHESE, HEMANT HAZARIKA AND VIDYA SAGAR.
EXTERNAL TEAM: PROFESSOR REEVE VANNEMAN,

SONALDE DESAI AND MITALI SEN (ALL UNIVERSITY OF MARYLAND)
NACO-SOCIOECONOMIC IMPACT OF HIV/AIDS IN INDIA (H/03/017)

SPONSOR:
United Nations Development Programme (UNDP) An analysis of the nature and type of the economic impact of HIV/AIDS on households. The focus is on investigating the relationship between HIV/AIDS and distribution of income and wealth, changes in the structure of employment and social security and assessing the sectoral (agriculture, tourism, etc.) impact. STATUS: Submitted all-India Report, six State reports and CGE-based report to NACO and UNDP. To be released as Reports by UNDP possibly in July 2006.
PROJECT TEAM: BASANTA K PRADHAN, M R SALUJA,
RAMAMANI SUNDAR, VIJAY PRAKASH OJHA, S K MONDAL, SHALABH KUMAR SINGH, ABHILASHA SHARMA, GEETHA NATESH AND SAMPURNA SINGH
objective was to assess the impact of HIV/AIDS on Indian industry. NCAER envisages a redo of the CGE modelling exercise with a higher level of sectoral desegregation, with a view to gain insight into the impact of AIDS on the various sectors which actually constitute industry. Such an extended CGE model may pave the way for a more realistic assessment of the impact of the epidemic on the industrial sectors of the Indian economy.
PROJECT TEAM: BASANTA K PRADHAN, M R SALUJA,
VIJAY PRAKASH OJHA, RAMAMANI SUNDAR, GEETHA NATESH, DIVJOT SINGH AND SARBADAL PAL
CONSUMER DEMAND ANALYSIS FOR INDIA* (S/05/020)
IMPACT OF HIV/AIDS ON WOMEN AND GIRL CHILD AND ON INDUSTRY SECTOR (H/05/024)
SPONSOR:
McKinsey Global Institute McKinsey Global Institute is in the process of studying consumer demand in emerging market India and China to start by understanding both prior and likely future evolution of income and consumption in these markets. This study is aimed to merge the selected consumption and demographic data from National Sample Survey (NSS) and income data from NCAER for the years 1987 and 19932003 (9 years) for total 21 categories for rural and urban areas. January 2006
PROJECT TEAM: RAJESH SHUKLA, AMARESH DUBEY,
ASHA VIRMANI, PREETI KAKAR AND NITASHA MONGA
SPONSOR:
United Nations Development Programme (UNDP) Assesses the impact of HIV/AIDS on women and female children in the six HIVHigh prevalence States of India. The various questions explored are: The burden of care, domestic work and economic responsibilities on women; gender differences in the health seeking behaviour and household expenditure on medical care; the impact of HIV/AIDS on education of female children; the gender differences in stigma and discrimination; the status of HIV positive widows; gender differences in the knowledge, awareness and misconception about HIV/AIDS, and, attitude towards PLWHA. The overarching
NATIONAL SURVEY OF INCOME AND EXPENDITURE (S/05/018)
Self-sponsored It is unfortunate that there is great dearth of reliable longitudinal data on household incomes in India. The National Sample Survey Organisation (NSSO) has made efforts in the past for collecting information on household incomes along with the consumer expenditure following interview method of data collection in its a few selected rounds. Experience showed that there were difficulties in collection of reliable income data in the field due to ambiguities in choice of unit of
SPONSOR:
44
2005
2006
sampling, sampling frame, reference period of data collection, and even items of information. NCAER basically seeks to bridge that data gap by generating more robust and reliable estimates of household income through emulating international practices. This study is important in view of the fact that NSS 61st Round (200405) data on household consumer expenditure would be available by next year. There would be an opportunity to do a meaningful comparative analysis through these two data sets. It is hoped that the resultant data sets would be useful to different sets of users such as core researchers, policy makers and corporates without diluting its strength i.e., time series continuity. This is a national-level household survey based on a representative probability sample (67,000 households selected from over 440,000 listed households) and drawn from rural and urban area villages and urban blocks.
PROJECT TEAM: RAJESH SHUKLA, SANJAY DWIVEDI,
M K ARORA, ASHA SHARMA, SUBRATA BANDYOPADHYAY, CHARU JAIN, PREETI KAKAR, NITASHA MONGA, ANUJ DAS, DEVRAJ, AMARESH DUBEY AND N S SASTRY
CHARU JAIN, PREETI KAKAR, NITASHA MONGA, ANUJ DAS AND DEVRAJ
INDIA PROTECTION INDEX (S/05/014)
DEMAND FOR CARS (S/05/019)
Maruti Udyog Ltd. This study was undertaken to piggy-back on the National Survey of Households Income and Expenditure (NSHIE) with the objective of understanding consumer behaviour in the Indian car market. It showcases primary data on ownership of cars and two wheelers, both rural and urban; relates the car information with some of the variables collected in NSHIE to identify their demographic profile and socioeconomic characteristics; gives an understanding of the factors motivating purchase and usage of cars and, finally, measures the satisfaction level of car owners by analysing the quality of after sales services and forecasting the purchase intention among the two-wheeler owners.
M K ARORA, ASHA SHARMA, SUBRATA BANDYOPADHYAY,
SPONSOR:
Max New York Life Insurance Ltd. Develops a household survey-based Index that would help calculate the current status of financial security and vulnerability to risk of Indian families across the length and breadth of the country. It tries to gauge the significance that life insurance holds as a risk-mitigating tool for Indian households and arrives at a risk profile of Indians across various socioeconomic groups. The Protection Index could be used to arrive at an understanding of the nations financial security and well-being, just as the Human Development Index (HDI) measures a nations social development across a broad spectrum of social and development indicators. This Index for evaluating the current level of protection in the country would serve as an eye-opener not just for marketers of insurance products but for policy and decision-makers in Government. Primary data has been collected as piggy bag to national level household survey based on a representative probability sample (67,000 households selected from over 440,000 listed households) and drawn from rural and urban area villages and urban blocks.
M K ARORA, ASHA SHARMA, SUBRATA BANDYOPADHYAY, CHARU JAIN, PREETI KAKAR, NITASHA MONGA, ANUJ DAS AND DEVRAJ
SPONSOR:
INDO-NORWEGIAN PROGRAMME OF INSTITUTIONAL COOPERATION (N001)

SPONSOR:
Royal Norwegian Embassy, New Delhi The programme which began in 1990, is now in its second, five-year-long phase following the signing of a bilateral agreement in November 2001, and a grant of NOK 50 million. So far, 47 projects have been approved, and 30 completed. The projects cover wide and diverse areas such as detection
ACTIVITIES 200506
45
2005
2006
and evaluation of bacterial agents causing diarrhoea among children by finding more effective alternatives to the WHO approved Oral Re-hydration Solution (ORS). There is also analyses on paper and pulp-making technology, offshore geo-technical engineering, engineering geophysics and rock mechanics, sustainable development of arid lands, application of solar and wind-power
technology in automobiles, deep sea bed mining, tunnelling technologies, selective breeding of rohu fish, environmental geotechnology, discovery of new drugs and vaccines against TB, reservoir modelling for enhanced oil recovery, soil and groundwater contamination and remedial measures, natural resources ecology, earthquake engineering, etc.
PROJECT TEAM: SUMAN BERY AND P L NARAYANA
46
Finances: Annual Accounts 2005-06

MANAGEMENT REPORT ON FINANCIAL REPORTING FOR 200506 The Management of the National Council of Applied Economic Research has the responsibility for preparing the accompanying financial statements and for their integrity and objectivity. The annual accounts have been prepared on a going concern basis, the applicable accounting standards have been followed and there are no material departures. Management has taken proper and sufficient care, to the best of their knowledge and ability, for the maintenance of adequate accounting records for safeguarding the assets of the Council and for preventing and detecting fraud and other irregularities. The financial statement includes amounts that are based on management's best estimates and judgements. Management also prepared other information in the Annual Report and is responsible for its accuracy and consistency with the financial statements. Thakur Vaidyanath Aiyar & Co., independent auditors, appointed by the Governing Body, have audited the Council's financial statements. Management has made available to the auditors all the Council's financial records and related data, as well as the minutes of the General Body and Governing Body meetings. Furthermore, management believes that all representations made to the auditors during its audit were valid and appropriate. Management of the Council has established and maintains a system of internal control and provides reasonable assurance as to the integrity and reliability of the financial statements, the protection of assets from unauthorised use or disposition, and the prevention and detection of fraudulent financial reporting. The system of internal control provides for appropriate division of responsibility. Management continually monitors the system of internal control for compliance, and also there had been internal auditing programme that independently assesses the effectiveness of the internal control and recommend possible improvement thereto. Management will strive to supplement the existing internal controls through an appropriate management reporting system. Management also recognises its responsibility for fostering a strong ethical climate so that the Council's affairs are conducted according to the highest standards of personal and corporate conduct. This responsibility is characterised and reflected in the Council's code of conduct, which includes the necessity of ensuring open communication within the Council; avoiding potential conflicts of interests and compliance with all domestic and foreign laws, including those relating to financial disclosure and the confidentiality of proprietary information. Sanjay Kumar Finance Officer New Delhi 21 August, 2006 Suman Bery Director-General
FINANCES: ANNUAL ACCOUNTS 2005-06
47
2005
48
2006
VALUE OF PROJECTS 200506
Year Projects received in Year Nos. 40 28 1,006.50 27 972.93 1,015.46 33 711.43 Rs. Lakhs Nos. Rs. Lakhs Nos. 42 35 in Year
Value of Projects
Value of New
Projects completed
Projects carried forward to next year Rs. Lakhs 2,046.29 1,742.26
brought forward from Rs. Lakhs 1,742.26 1,708.69
previous year
NCAER ANNUAL REPORT 2005-06
Nos.
Financial Year 200506
35
Financial Year 200405
34
FINANCIAL ANALYSIS PERIOD: 199697 TO 20052006

(Rs. in Lakh) 19981999 767.41 59.28 15.80 71.39 913.88 528.93 214.86 90.32 834.11 79.77 305.47 2.72 453.86 207.14 240.00 446.78 43.80% 8.73% 68.92% 73.27% 85.25% 8.00% 5.52% 15.23% 27.74% 23.88% 9.14% 69.65% 452.19 475.13 497.04 225.00 215.10 193.67 227.55 260.39 307.58 336.99 189.47 523.39 5.05% 9.53% 82.41% 455.01 455.01 481.04 800.70 51.58 18.93 9.29 5.70 318.57 416.38 508.43 788.72 83.03 (43.29) 83.41 (85.52) (123.86) 913.85 5.30 918.72 336.99 124.98 551.66 15.57% 15.98% 86.25% 954.32 827.94 828.78 982.79 898.78 67.00 49.52 38.81 37.10 36.16 239.41 233.71 238.70 326.32 315.31 647.91 544.71 551.27 619.37 547.31 688.26 341.82 32.27 1,062.35 (36.47) 936.55 5.30 941.48 336.99 201.24 569.19 41.19% 3.55% 76.82% 1,037.35 784.65 912.19 897.27 774.92 1,025.88 73.10 72.40 57.93 82.01 56.29 57.96 21.25 10.35 8.90 7.19 22.50 13.01 8.61 64.76 1,153.49 699.29 394.54 37.71 1,131.54 21.95 961.25 3.30 966.18 358.94 60.00 618.93 14.45% 1.90% 68.20% 58.72 62.96 53.85 56.50 61.58 58.99 54.74 884.28 638.94 791.51 751.57 634.55 895.92 1025.38 19992000 20002001 20012002 20022003 20032004 20042005 20052006 533.68 44.95 8.10 44.06 630.79 387.78 188.06 12.32 588.16 42.63 230.47 4.10 413.18 167.47 240.00 407.20 26.70% 6.76% 72.66%
Particulars
19961997
19971998
Project Fees
421.22
Interest on Investments
44.17
Sale of Publication
5.70
Others
41.19
Total Revenues
512.28
Salary Cost*
277.92
Non-Salary Cost
145.25
Depreciation
8.99
Total Expenditure
432.16
Surplus
80.12
Corpus Fund
230.47
Other Grants
4.30
Investments
309.73
Capital Assets Fund
141.09
Capital Borrowings
Fixed Assets (Gross)
159.60
Increase in Project Revenue
16.63%
Surplus to Total Revenue
15.64%
Salary to Project Revenue
65.98%
Note:
Project Fees have been booked as per new income recognition system from financial year 2002-03 onwards. * Includes payment to external organisations for data collection. 2005
2006
49
2005
2006
INCOME & EXPENDITURE FOR THE YEAR 200506 AND BUDGET FOR THE YEAR 200607
(Rs. in lakh) 200506 200607 Revised Budget ACTUAL Budget 1,014.60 50.00 2.46 10.00 28.97 26.55 1.00 5.65 1,139.23 1,025.38 4.04 50.00 2.25 8.61 29.42 25.32 1.19 7.28 1,153.49 1,245.79 40.00 50.00 2.46 10.99 29.97 27.55 0.50 1,407.26 (contd.)
Particulars INCOME Fees Project & Seminar * Exchange Fluctuation Gain Golden Jubilee Fund Government Grant Membership & Subscription Sale of Publications Interest on Investments Transfer from CorpusInterest Miscellaneous Income Amount Written Back Total
200405 ACTUAL 895.92 50.00 2.56 13.01 33.18 25.81 5.39 1,025.87
50
2005
2006
INCOME & EXPENDITURE FOR THE YEAR 200506 AND BUDGET FOR THE YEAR 200607 (contd.)
(Rs. in lakh) 200506 200607 Revised Budget ACTUAL Budget 410.17 271.34 99.69 21.17 1.50 10.00 9.40 18.57 40.00 17.00 3.70 0.50 6.00 5.00 1.00 35.00 2.00 23.72 2.50 1.00 48.51 4.00 1.00 42.25 3.00 30.00 0.30 1.50 1.00 1,110.82 28.41 (198.10) (169.69) 423.67 274.56 109.27 9.62 3.74 11.04 9.48 16.44 21.38 18.82 2.67 0.15 4.69 4.89 0.29 37.71 1.05 25.85 2.39 1.36 43.95 0.53 0.23 38.01 39.16 0.75 10.00 0.30 13.29 4.13 2.12 1,131.54 21.95 (198.10) (176.15) 401.60 425.24 111.92 34.81 1.00 11.50 11.20 11.80 28.90 20.00 1.50 4.00 5.00 0.80 48.00 5.50 42.38 20.90 6.00 37.10 18.00 2.55 42.80 27.00 1,319.50 87.76 (270.48) (182.72)
Particulars EXPENDITURE NCAER Staff Salaries & Allowances $ Payment to Professionals & Survey/ Data Gathering ^ Travelling & Conveyance Council's Publications + Rent, Rates & Taxes Postage, Telegram & E-Mail Expenses Telephone & Fax Expenses Stationery & Printing Repairs & Maintenance Periodicals & Journals Entertainment Expenses Advertisement Expenses Car Running & Maintenance Expenses Interest on Bank Overdraft Payment to Auditors Depreciation on Fixed Assets Legal Expenses Maintenance of Computers & Stat. Lab. Charges Miscellaneous Expenses ICICI Loan Expenses & Other Finance Charges Workshops & Seminars Staff Welfare & Development Expenses Staff Recruitment Expenses Water & Electricity Prior Period Adjustments (net) Amount Written Off Amortisation of Premium on Investments Estimated Cost of Incomplete Projects Exchange Fluctuation Loss Fixed Assets Written off Provision for Doubtful DebtsProjects Provision for Old Publications Stock Golden Jubilee Celebration Expenses Total Surplus/(Deficit) for the year Add: Balance from Previous Year Balance available from Appropriation Appropriation: Transferred to Capital Account Purchase & Sale of Assets Purchase of Library Books Repayment of ICICI Loan Net Surplus Transferred to Balance Sheet Note:
200405 ACTUAL 441.42 240.52 98.60 8.21 1.46 14.55 8.93 51.23 16.73 16.95 3.75 0.45 4.04 6.20 0.28 32.27 1.68 9.80 0.83 1.83 4.70 4.80 37.69 34.61 0.30 1.50 9.49 1.78 1.50 6.25 1,062.35 (36.48) (105.93) (142.41)
18.34 7.35 30.00 (198.10)
50.00 8.45 30.00 (258.14)
56.62 7.71 30.00 (270.48)
65.42 9.00 40.00 (297.14)
$ Salaries & Allowances includes Permanent, Regular, Temporary, Contractual & BITS Staff. ^ Professionals, Consultants, Networking Agencies & Field Cost. * Revenue recognised on the basis of old perdiem rate. + Editing & Author Charges of India Policy Forum II included in Payment to Professionals. Earlier included in 'Cost of Council Publications'.
51
2005
2006
CASH FLOW STATEMENT FOR THE YEAR ENDED ON MARCH 31, 2006
(Rs. lakhs) Amount
Particulars Opening Cash & Bank Balances Cash & Bank Balances Bank Overdraft INFLOW OperationReceipts Govt. of IndiaGrant-in-Aid Sale of Publications Membership & Subscription Interest Received Investment Maturity Misc. Receipts Total Funds Available OUTFLOW Payment of ICICI Loan/Laptop Loan Expenses Purchase of Assets Library Expenses (including Books) Investments Balance Closing Cash & Bank Balances Cash & Bank Balances Bank Overdraft
Amount 34.54 (110.97)
(76.43)
1,227.31 50.00 9.29 2.38 79.03 165.00 10.24 1,543.25 1,466.82
30.00 1,020.07 46.24 20.93 190.19 1,307.43 159.39
159.39 159.39
52
2005
2006
Thakur, Vaidyanath Aiyar & Co. Chartered Accountants New Delhi, Mumbai, Kolkata, Chennai, Patna, Hyderabad and Chandigarh
221223, Deen Dayal Marg, New Delhi110 002 Phones : 011-23236958-60, 23237772 Fax: 011-23230831 E-mail: tvand@vsnl.com tvande@rediffmail.com
AUDITORS REPORT The Members National Council of Applied Economic Research New Delhi. 1. We have audited the attached Statement of Financial Position of National Council of Applied Economic Research as at 31st March, 2006 and also the Income & Expenditure Account for the year ended on that date annexed thereto. These Financial statements are the responsibility of the management. Our responsibility is to express an opinion on these financial statements based on our audit. 2. We conducted our audit in accordance with the auditing standards generally accepted in India. Those Standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the Financial Statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall Financial Statement presentation. We believe that our audit provides a reasonable basis for our opinion. 3. Attention is invited to the following: Note No. 2 (e) appearing in Schedule14 regarding the shortfall of Rs. 52,10,451 in provision for Gratuity; and Note No. 2 (f ) appearing in Schedule14 regarding non-provision of liability for leave encashment amounting to Rs. 22,92,842. 4. Further to the above, we state that: (a) We have obtained all the information and explanations, which to the best of our knowledge and belief were necessary for the purpose of our audit; (b) In our opinion, proper books of account as required by law have been kept by the Council so far as appears from our examination of those books; and (c) The Statement of Financial Position and the Income & Expenditure Account dealt with by this report are in agreement with the books of account. 5. In our opinion and to the best of our information and according to the explanations given to us, subject to our observations in para (3) above, the Financial Statements read together with Accounting Policies and Notes to the Accounts (Schedule 14) give a true and fair view in conformity with the accounting principles generally accepted in India: (a) in the case of Statement of Financial Position, of the state of affairs of the Council as at 31st March, 2006; and (b) in the case of Income & Expenditure Account, of the surplus for the year ended on that date. For Thakur, Vaidyanath Aiyar & Co. Chartered Accountants Place: New Delhi Date: August 21, 2006 (Ranvir Sinha) Partner
53
2005
2006
STATEMENT OF FINANCIAL POSITION AS AT 31ST MARCH, 2006

(Rs.) As at 31st March 2005
Particulars SOURCES OF FUNDS Corpus Capital Assets Fund Grant Funds (Restricted) Income & Expenditure Account Loan Funds Total APPLICATION OF FUNDS Fixed Assets (Net) Investments Net Current Assets Miscellaneous Expenditure Premium on Investments (to the extent not written off or adjusted ) Total Accounting Policies and Notes to the Accounts
Schedule
As at 31st March 2006
1 2 3
96,124,546 35,893,574 330,275 (14,290,354)
93,654,546 33,698,549 530,275 (14,290,354) 20,124,441 133,717,457
6,000,000 124,058,041
5 6 7
17,416,840 96,618,000 9,402,438 620,763
14,872,722 94,148,000 24,050,700 646,035
124,058,041 14
133,717,457
Schedules 1 to 14 form an integral part of the Accounts.
As per our report of even date For Thakur, Vaidyanath Aiyar & Co. Chartered Accountants
Dr. Bimal Jalan President
Suman Bery Director-General
(Ranvir Sinha) Partner
Dr. Rajesh Chadha Senior Counsellor (Operations) & Secretary
Sanjay Kumar Finance Officer
New Delhi Date: August 21, 2006
54
2005
2006
INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED ON 31ST MARCH, 2006
(Rs.) Particulars INCOME Fees Project and Seminars Government of India Grant in - Aid Membership Subscription Sale of Publications Interest Transfer from Corpus Interest ( Refer Schedule 1 ) Exchange Fluctuation Gain Other Income Total EXPENDITURE Personnel (including Performance Linked Incentive Pay , Rs. 50,13,175/- ) Survey / Data Gathering Travelling & Conveyance Consultants' Fees Cost of Council Publications Sold Cost of Self-sponsored Publications Interest & Finance Charges Amount Written Off Fixed Assets Written Off Provision for Doubtful Debts Projects Provision for Old Publications Stock Amortisation of Premium on Investments Exchange Fluctuation Loss Depreciation Other Expenses Total Surplus /(Deficit) for the year Balance available for Appropriation Less: Transfer to Capital Fund Add: Balance brought forward Balance Carried to Balance Sheet Accounting Policies and Notes to the Accounts Schedules 1 to 14 form an integral part of the Accounts. Schedule 20052006 102,537,929 5,000,000 225,500 861,162 2,942,117 2,531,592 403,601 846,919 115,348,820 20042005 89,591,821 5,000,000 256,000 1,301,315 3,123,332 2,580,898 733,867 102,587,233
10
42,367,849 15,911,483 10,927,334 11,650,094 58,698 903,449 624,932 3,915,788 30,037 1,328,702 412,889 74,472 3,771,020 21,177,048 113,153,795 2,195,025 2,195,025 2,195,025 (14,290,354) (14,290,354)
44,606,049 16,272,674 9,860,213 7,946,729 820,537 803,457 3,460,535 177,889 150,000 624,718 29,679 949,074 3,227,041 17,306,466 106,235,061 (3,647,828) (3,647,828) (10,642,526) (14,290,354)
11 12
13
14
As per our report of even date For Thakur, Vaidyanath Aiyar & Co. Chartered Accountants
New Delhi Date: August 21, 2006
55
2005
2006
SCHEDULES FORMING PART OF THE STATEMENT OF FINANCIAL POSITION Schedule 1 Corpus

Particulars As at 1st April, 2005 Add: Grant Received during the year Add : Less: Interest Interest for the transferred year to Income 200506 Expenditure Account Rs. Rs. Plough Back to Corpus Fund As at 31st March, 2006
Rs. CORPUS 1 Government of India Grant 199495 Ford Foundation Grant General Fund 9,550,000 8,075,779 16,323,017 33,948,796 CORPUS 2 Sir Ratan Tata Trust Grant CORPUS 3 Ford Foundation Grant Matching Contribution * Canadian International Development Agency Government of India Grant 200203 Reserve Bank of India Interest Ploughed Back on Matching Contribution Total 8,000,000 6,500,000 7,500,000 2,610,000 59,705,750 93,654,546 26,944,750 8,151,000
Rs.
Rs.
9,550,000 8,075,779 2,510,649 2,510,649 2,510,649 2,510,649 16,323,017 33,948,796
585,820
515,820
70,000
8,221,000
2,286,979
1,086,979 1,200,000 28,144,750
2,128,793 5,001,592
8,000,000 6,500,000 7,500,000 3,810,000
928,793 1,200,000
2,531,592 2,470,000 62,175,750
7,512,241 5,042,241 2,470,000 96,124,546
* Refer to Note 2 (K) Schedule 14.
Schedule 2 Capital Assets Fund

Particulars As at 31st March, 2006 Rs. As per last Accounts Add : Assets Acquired From Internal Resources Total 33,698,549 2,195,025 35,893,574 As at 31st March, 2005 Rs. 33,698,549 33,698,549
56
2005
2006
SCHEDULES FORMING PART OF THE STATEMENT OF FINANCIAL POSITION Schedule 3 Grant Funds (Restricted)
Grant Total Grant Received Balance as at 1st April, 2005 Rs. 472,168 Received during the year Rs. Refunded During the Year Rs. 200,000 58,107 3,814,150 1,150,000 1,000,000 600,000 500,000 400,000 530,275 200,000 330,275 Unutilised Balance as at 31st March, 2006 Rs.
Rs. Fulbright NCAER Grant - HDFC Limited - Sir Ratan Tata Trust IT Upgradation Grant - l. D. R. C., Canada - ICICI Limited - HDFC Limited - GE Capital Service India - ILFS Limited - DSP Merril Lynch Limited Total 200,000 400,000
272,168 58,107
Schedule 4 Loan Funds

Particulars As at 31st March, 2006 Rs. As at 31st March, 2005 Rs. 11,096,665
ICICI Bank Limited Bank Overdraft (Secured by negative lien on Fixed Deposits and Investment from Corpus Fund ICICI PFS Limited (Secured by hypothecation of Laptop Computers) UNSECURED LOAN ICICI Bank Limited (Interest Free) (Repayable within one year Rs. 3,000,000) Total
27,776
6,000,000 6,000,000
9,000,000 20,124,441
57
2005
58
2006
SCHEDULES FORMING PART OF THE STATEMENT OF FINANCIAL POSITION
Schedule 5 Fixed Assets

As at 31st March, 2006 Rs. 5,880 900,707 259,615 43,410 1,987 177,981 35,873 6,765 1,432,218 1,080,907 61,892,805 56,918,726 234,562 6,313,119 846,400 7,601,432 3,170,294 608,428 3,331,535 196,922 42,046,004 39,270,226 6,294,536 2,755,572 445,360 275,186 3,731,373 1,131,960 424,718 17,017 356,204 443,206 78,412 301,461 11,101 3,771,020 3,227,041 31,983,507 27,794,917 2,029,034 270,156 256,648 443,820 405,696 7,625 2,066,080 1,230,811 84,115 5,880 884,871 232,045 23,075 924 154,093 33,406 6,765 1,341,059 451,263 1,613,130 888,035 18,127 49,330 Rs. Rs. Rs. Rs. 906,162 1,309,046 413,321 256,648 28,939,080 1,324,633 292,203 3,088,701 3,612,576 532,747 3,599,590 201,258 42,046,004 As at 1st April, 2005 DEPRECIATION For the Sale/ year 2005 Adjustment 2006 As at 31st March, 2006 NET BLOCK As at As at 31st March, 31st March, 2006 2005 Rs. 49,330 706,968 757,034 30,499 13,508 3,044,427 2,406,740 153,157 3,205,835 3,988,856 313,653 2,713,529 33,304 44,475,965 17,416,840 14,872,722 Rs. 49,330 725,095 841,149 38,124 13,508 2,832,382 466,374 170,174 2,937,461 3,662,611 185,914 2,906,195 44,405 14,872,722 15,895,607
Description
As at 1st April, 2005 Rs. Rs.
GROSS BLOCK Additions Sale/ Adjustment
Rs.
Land (Leasehold)
49,330
Building
1,613,130
Electric Installations
2,071,960
Diesel Generator Set
443,820
Statistical & Laboratory
270,156
EDP System
30,627,299
2,256,915
Office Equipments
1,598,334
2,392,654
BPL EPABX Tele System
445,360
Air Conditioner & Refrigerators
5,693,033
644,913
Library Books
6,832,905
770,514
Motor Car
794,342
230,039
Furniture & Fixtures
6,237,730
111,262
Misc. Fixed Assets
241,327
Total
56,918,726
6,406,297
Previous Year
55,165,833
2,833,800
SCHEDULES FORMING PART OF THE STATEMENT OF FINANCIAL POSITION
Schedule 6 Investments
Corpus Corpus 1 SRTT Rs. Rs. Rs. Rs. Rs. Rs. Rs. Ford Foundation Matching Contribution Corpus 2 Corpus 3 Total Others Total
Description
Long Term Investments (Unquoted) 218,000 31,329,000 1,200,000 31,329,000 31,329,000 8,151,000 26,169,000 24,610,000 8,221,000 27,369,000 25,810,000 1,200,000 4,333,000 2,642,000 14,035,000 52,339,000 2,400,000 92,729,000 90,259,000 3,889,000 3,889,000 5,000,000 5,000,000 15,000,000 15,000,000 3,600,000 6,900,000 10,500,000 70,000 1,375,000 1,445,000 400,000 900,000 2,359,000 3,527,000 2,300,000 6,045,000 230,000 6,275,000 1,845,000 11,400,000 15,000,000 5,000,000 54,698,000 2,400,000 96,618,000 94,148,000
Fixed Deposits with Public Financial Institutionals
Deposits with Public Sector Enterprises
Deposits with Housing Development Finance Corporation Trust
8.63% Power Grid Corporation Bonds
8% Indian Railway Finance Corporation Bonds
8% RBI (Saving ) Taxable Bonds
7.5% Govt. of India Bonds 2034
Total
Previous Year
Note: Investments amounting to Rs.58,728,000 Under Negative lien with ICICI Bank Limited against overdraft facility of Rs. 15,000,000 (Debit balance as on March 31, 2006 is Rs. 86,94,575.91).
2005
2006
59
2005
2006
SCHEDULES FORMING PART OF THE STATEMENT OF FINANCIAL POSITION Schedule 7 Net Current Assets
Particulars Rs. CURRENT ASSETS Cash & Bank Balances Cash in Hand (inclusive of Postage Stamps) Cheques in Hand Balances with Scheduled Banks In Savings Accounts In ICICI O/D Account Margin Money Deposits against Bank Gurantees In Current Account Interest Accrued On Investments Accrued and Due Accrued but not due Others Sundry Debtors (Unsecured considered good unless specified otherwise) Project Considered Good Considered Doubtful Less: Provision for Doubtful Debts Publication Debtors Membership Subscription Receivable Other Receivables (Unsecured Considered Good) Planning Commission Asian Development Bank Guru Govind Singh Refineries Ltd. PM's High Level Committee Institute for Social & Economic Change Receivable from ICICI Bank Centre for Economic Policy Research Institut D' Economie Industrielle European Centre for advance Res. In Eco. Recoverable from NORAD Certification Charges Recoverable from Inititive for Policy Dialogue Staff Group Insurance Birla Sun Life University of Maryland 363,243 104,531 78,752 546,526 10,674 1,917 26,250 416,339 1,508,529 2,439,913 2,895,889 (contd.) 345,128 52,634 9,061 100,000 372,008 14,325 69,643 12,082,928 1,478,702 13,561,630 1,478,702 10,974 10,974 12,082,928 18,476,469 150,000 18,626,469 150,000 39,188 10,500 49,688 18,476,469 590,633 1,708,319 2,298,952 2,273,189 3,790 2,276,979 7,019,569 8,694,576 571,342 77,918 16,492,452 6,396 1,209,570 3,455,440 129,047 41,249 2,198,225 As at 31st March, 2006 Rs. As at 31st March, 2005 Rs. Rs.
60
2005
2006
SCHEDULES FORMING PART OF THE STATEMENT OF FINANCIAL POSITION Schedule 7 Net Current Assets (contd.)
Particulars Rs. Project Work in Progress Publications Stock Less: Provision for Old Publications Stock (As per Management ) Advances & Deposits (Unsecured considered good) Advances Advances to staff & Field offices TDS Recoverable Net working Institutions Prepaid Expenses Deposits Other Advances Total Current Assets LESS: CURRENT LIABILITIES Subscription Received in Advance Project Fees Received in Advance Liabilities for Expenses Provision for Estimated Cost on Incomplete Projects Due to Provident Fund Trust Other Liabilities Total Current Liabilities Net Current Assets 116,897 34,355,053 8,925,281 1,020,000 346,720 3,644,292 48,408,243 48,408,243 9,402,438 144,951 13,992,410 7,742,344 352,528 17,763 1,391,216 23,641,212 23,641,212 24,050,700 264,927 4,583,594 1,728,893 160,452 170,237 6,908,103 57,810,681 236,416 2,724,012 252,462 1,582,476 158,508 289,262 5,243,136 47,691,912 2,173,703 1,032,874 1,140,829 As at 31st March, 2006 Rs. 17,367,914 2,232,401 624,718 1,607,683 As at 31st March, 2005 Rs. Rs. 13,686,628
61
2005
2006
SCHEDULES FORMING PART OF THE INCOME STATEMENT Schedule 8 Interest

Particulars On Investments Corpus Others On Short Tem Deposits On Others Total 2,510,649 356,290 32,122 43,056 2,942,117 2,504,523 410,362 149,924 58,523 3,123,332 20052006 Rs. 20042005 Rs.
Schedule 9 Other Income

Particulars Profit on Sale of Fixed Assets Liabilities no longer required written back Miscellaneous Income Total 20052006 Rs. 34,190 728,407 84,322 846,919 20042005 Rs. 2,210 89,886 641,771 733,867
Schedule 10 Personnel Expenses

Particulars Salaries & Allowances Performance Linked Incentive Pay Gratuity Expenses Payment to Temporary / Casual Workers Provident Fund Contribution Provision for Leave Encashment Staff Welfare Expenses Total 20052006 Rs. 23,577,969 5,013,175 458,584 9,624,001 1,962,496 1,500,000 231,624 42,367,849 20042005 Rs. 23,845,692 4,716,679 4,330,866 8,127,130 2,122,956 1,000,000 462,726 44,606,049
Schedule 11 Cost of Councils Publications Sold

Particulars Opening Stock Add: Printing, Editing & Translation Expenses Less: Closing Stock Total 20052006 Rs. 2,232,401 2,232,401 2,173,703 58,698 20042005 Rs. 2,119,966 112,435 2,232,401 2,232,401
62
2005
2006
SCHEDULES FORMING PART OF THE INCOME STATEMENT Schedule 12 Interest & Finance Charges
Particulars Interest On Bank Overdraft On Secured ICICI PFS Ltd. Loan Others Finance Charges On Unsecured ICICI Bank Ltd. Loan Bank Charges Total 20052006 Rs. Rs. 488,712 30,000 106,220 20042005 Rs. Rs. 620,225 56,188 16,128 98,548 12,368
488,712
692,541
136,220 624,932
110,916 803,457
Schedule 13 Other Expenses

Particulars Rent, Rates & Taxes Water & Electricity Stationery & Printing Postage, Telegram & Telephones Repairs & Maintenance Periodicals & Journals Computers Services Estimated Cost on Incomplete Projects Car Running & Maintenance Entertainment Expenses Staff Recruitment Expenses Audit Fees Staff Development Expenses Advertisment Seminars & Workshops Golden Jubliee Celebration - 2006 Miscellaneous Expenses Total 20052006 Rs. 373,875 3,801,236 1,644,329 2,051,535 2,138,182 1,881,686 2,585,238 1,000,000 468,835 266,172 22,900 29,182 52,955 15,000 4,394,927 212,296 238,700 21,177,048 20042005 Rs. 146,095 3,768,907 4,673,397 2,347,965 1,673,543 1,695,258 1,429,488 150,000 403,639 374,794 28,000 17,101 44,720 470,255 83,304 17,306,466
63
2005
2006
SCHEDULES FORMING PART OF THE ACCOUNTS Schedule 14 Accounting Policies and Notes to the Accounts 1. Accounting Policies a) Revenue & Expenditure are recognised on accrual basis. However, income pertaining to selfsponsored projects and subscription to Journals and membership subscription are recognised on receipt basis. b) Project fees are recognised in proportion to all costs incurred on projects (including cost of associated computers, equipment etc. purchased from project funds) assuming that the costs incurred represent corresponding progress of projects. Where costs incurred are out of proportion to progress of work, for revenue recognition the actual progress is taken into account. c) Contributions received from Co-Sponsor of the seminars conducted by the Council are accounted for as fee for seminars. d) Recurring Grant from Government of India and Corpus Grant are recognised in the year of receipt. e) Investments are classified as long term and short term. Long-term investments are stated at cost unless there is a permanent diminution in the value. Short-term investments are valued at cost or net realisable value whichever is less. In respect of unquoted interest-bearing bonds, the premium paid at the time of acquisition is amortised over the remaining period to the date of maturity of the bonds. f ) Fixed Assets are stated at historical cost less depreciation. g) Depreciation is provided on the Written Down Value method, as per the rates given below, keeping 5% as residual value of the assets:
Fixed Assets Building Electric Installation, EPABX System, Air Conditioners & Refrigerators, Library Books and Furniture & Fixtures Office Equipment Diesel Generator Set, Statistical laboratory, and Motor Car EDP Systems Miscellaneous fixed Assets 10.00 15.00 20.00 40.00 25.00 Rate (%) 2.50
h) Stock of Publications has been valued at cost less provision for old stock. i) Retirement Benefits: (1) Gratuity Liability has been funded through a Trust, which in turn has taken a Group Gratuity Scheme policy with LIC of India. (2) Provident Fund liability is also funded through a Trust and the Council's contribution is paid to the Trust.
64
2005
2006
2. Notes to the Accounts a) For ascertaining income from project fee in terms of the accounting policy mentioned in para 1(b) above, per day charges for different categories of research staff have been used to calculate personnel cost. These per day charges are intended to cover common facilities and other overheads. The Council has been taking steps to establish systems whereby the cost incurred for various projects can be calculated more accurately. b) On the basis of an overall review, the expected completion cost of a small proportion of projects being executed by the Council, as on March 31, 2006, is likely to exceed available revenue. The Council has made an aggregate provision of Rs.10 lakhs for such expected overruns. Such a provision has been made on the basis of individual assessments, past experience and judgement of the management of the Council, and has been relied upon by the auditors. c) Sundry debtors, are subject to confirmation. In the opinion of the management they are all good for recovery except to the extent they have been shown as doubtful. d) Capital Assets Fund represents amount appropriated over the years towards fixed assets of the Council. The balance available for appropriation in the Income & Expenditure Account for the year ended 31-3-2006, viz. Rs. 21,95,025 has been transferred to Capital Assets Fund. e) The Council has maintained a policy with the LIC to cover its Gratuity obligation towards its regular staff and records gratuity obligation on the basis of the demand raised by the LIC, which is based on their actuarial calculations. As required under AS-15, the LIC has confirmed that the shortfall in the fund as on 01-04-2005 was calculated at Rs. 4,58,584 which is the sum shown in the accounts. The Council has more recently received LIC calculation as on 01-04-2006, which shows a considerably lower fund size. The Shortfall if confirmed on further scrutiny, will be reflected in the accounts of 200607, and the demand raised by LIC as on 01-04-2006 for Rs. 52,10,451 will be paid during the year 200607. f ) The council has undertaken an actuarial valuation for its liability under the Leave Encashment facility available to regular staff and is gradually making provision in the accounts to make good the shortfall as suggested by the relevant Accounting Standards. A further amount of Rs. 15 lakh is accordingly provided in the account leaving unprovided liability of Rs. 22,92,842. It is expected that this remaining liability will be provided for in accounts of 20062007 and 20072008. g) An adhoc provision of Rs. 50,13,175 has been made in the accounts of Performance Linked Incentive Pay payable to eligible staff for the Financial Year 200506. h) As per terms and conditions of the Sir Ratan Tata Trust Grant for library up-gradation, a minimum sum of 10% of interest earned during the year, along with the unutilised amount of income is to be ploughed back to Corpus every year. Accordingly Rs. 70,000 (Previous Year Rs. 70,000) has been transferred to the Corpus. Rs. 515,820 was spent on Library books, periodicals and journals out of total interest income of Rs. 585,820.
65
2005
2006
i)
There is a balance of Rs 106,928.30 in the FCRA designated bank account-INR (Savings) with scheduled bank, representing funds / grants unutilised as on 31st March, 2006. j) The Council is exempt U/S 10(23C) (iv) of the Income Tax Act, 1961 till the financial year 200607. k) Ford Foundation has given the Council an endowment grant of US $ 5,00,000 (Rs. 24,302,750). As per terms of the above grant, the Council is to raise an additional amount of US $ 10,00,000 within a period of five years w.e.f. April 2002. Council has so far raised an amount of Rs. 25,810,000 equivalent to US $ 581,962 (inclusive of interest ploughed back on matching grant). As per the terms of Ford Foundation Grant, if the Council does not fulfil the matching requirement within the stipulated period, the Foundation shall review the Council's position and determine, whether (i) the grant term and matching period should be extended, (ii) the unmatched portion of the grant funds should be returned to the Foundation, or (iii) other options should be pursued. l) The cost of the fixed assets sold during the year is as certified by the management. m) Classification of Corpus 1 to 3 represents, General Corpus Corpus 1, Sir Ratan Tata Trust Corpus 2, Ford Foundation & Matching Contribution from other Agencies as per the terms of the Ford Foundation as Corpus 3, respectively. n) The previous year's figures have been regrouped - rearranged wherever considered necessary. As per our report of even date For Thakur, Vaidyanath Aiyar & Co. Chartered Accountants
Place: New Delhi Date: August 21, 2006
66
Appendix I
ACTIVITIES OF SENIOR STAFF
SUMAN BERY Email: sbery@ncaer.org Selected Positions
MEMBER
AT: Bangkok, Thailand, Organised by UNESCAP.
Government Accounting Standards Advisory Board

(GASAB)
State Bank of India, Central Board Board of Governors, Management Development

Institute, Gurgaon and Policy
Meeting of Heads of National Economic Research Organisations (Presentation) AT: Paris, Organised by OECD.
JUNE 7, 2005:
JUNE 6, 2005:
Governing Body, National Institute of Public Finance DSA Committee of the Centre for Economic Studies &
Planning, School of Social Sciences, JNU
India: Economic Reform, Growth and International Economic Integration AT: Paris, Organised by CEPII.
JUNE 27, 2005:
Library Committee, India International Centre Planning Board, National Capital Territory of Delhi Advisory Board, Central Electricity Regulatory
Commission
Attended the Conference on India: The Next Decade and gave a presentation India: Engaging the World AT: London, Organised by Chatham House. Chair of Symposium: What new Financial Institutions and Markets will India need in the next fifteen years (until 2020)? AT: Hyderabad, Organised by Centre for Analytic Finance (Indian School of Business). Session Chair: Workshop on Bangladesh India Trade and FTA IndiaBangladesh Trade Prospects, Trade Statistics AT: Dhaka, Organised by IFC, The World Bank, Bangladesh Enterprise Institute & SouthAsia Enterprise Development Facility.
OCTOBER 2728, 2005 : AUGUST 13, 2005: AUGUST 56, 2005:
High Level Committee (Outcome Budget), Institute of

Chartered Accountants in India
Lectures/Presentations/ Major Conferences APRIL 18, 2005: Conference on Indias Financial Markets AT: New York. Organised by Asia Society. Advisory Committee Meeting of Agricultural Trade Liberalisation and Domestic Market Reforms in Indian Agriculture AT: New Delhi, NCAER. Presentation before UN ESCAP Plenary Ministerial Roundtable on Development Investment Requirements and Resource Mobilisation issues of the Region
MAY 17, 2005: MAY 13, 2005:
Such a long Journey: Indias Opening of its Capital Account presentation at the IMF-CSFB-SCID IndiaChina Conference AT: Beijing, China.
APPENDIX I: ACTIVITIES OF SENIOR STAFF
67
2005
2006
Meeting of the Indo-Japan Joint Study Group AT: Japan, Organised by the Ministry of Foreign Affairs.
NOVEMBER 17, 2005:
NOVEMBER 1516, 2005 :
AT:
Tokyo, Japan, Organised by the Ministry of Foreign Affairs, Japan SHASHANKA BHIDE Email: sbhide@ncaer.org
FASID International Symposium: Development Assistance for Economic Growth: Synergy between ODA, Trade and FDI with a focus on South Asia AT: FASID, Tokyo.
DECEMBER 6, 2005 :
Eleventh Five-Year Plan, A Medium-Term Macro-econometric Model for India AT: Planning Commission, New Delhi. To Hon. Minister of Commerce and Industry, H.E. Maqbool Bin Ali Sultan, on Feasibility Report on Establishing a Think Tank in the Sultanate of OMAN (Major findings and recommendations) AT: Muscat, Oman. Speaker at session on The Challenge of China and India, Critical Issues 2006: Business & Public Policy Conference AT: Melbourne, Australia, Organised by the Melbourne Business School.
FEBRUARY 21, 2006 : Lecture on Such a long journey: Indias opening of its Capital Account AT: Australian National University, Canberra, Australia. FEBRUARY 25, 2006 : Discussant at seminar on Economic Diplomacy AT: New Delhi, Organised by The Association of India Diplomats and India International Centre. MARCH 10, 2006 : FEBRUARY 16, 2006 : JANUARY 4, 2006 :
Lectures/Presentations/ Major Conferences APRIL 20, 2005 : Presentation for the visiting team of LAFIA (coordinated by Australian High Commission) from Australia, on Sustaining High Growth Rates: The India Story.
SEPTEMBER 30, 2005 :
Presented the paper, Tracking Poverty Through Panel Data: Rural Poverty in India 19701998 at the Seminar on Chronic Poverty (Shashanka Bhide and Aasha Kapur Mehta) held at IIPA, New Delhi.
OCTOBER 1011, 2005 : The First Workshop on the ECCP project on Blending Efficiency and Competition in Infrastructure Industries. OCTOBER 24, 2005 :
The final conference on ADB project, Policy Research Networking: Macroeconomic Management and Government Finance, at Assocham House, New Delhi, jointly with Dr Kanhaiya Singh. Presentation entitled, Panel Data on Indias Rural Households at the Expert Meeting on Income Dynamics Surveys, held at Pretoria, South Africa.
DECEMBER 5, 2005 :
Presentation to SITRA Board (Finnish National Fund for Research and Development) on India: Economic Reforms, Growth and Development, jointly with Mr Dripto Mukhopadhyay. Discussant for two presentations at the CPRC Workshop on Panel Survey and Life History Methods. ODI, London, UK.
FEBRUARY 2425, 2006:
FEBRUARY 6, 2006:
Symposium: Japan & India: Challenge & Prospects in the Asia-Pacific in the 21st Century
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2005
2006
RAJESH CHADHA Email: rchadha@ncaer.org Lectures/Presentations/ Major Conferences MAY 13, 2005: Agriculture Trade Liberalisation and Domestic Market Reforms in Indian Agriculture, First Advisory Committee Meeting, ACIAR Project, NCAER, New Delhi.
MAY 19, 2005:
JANUARY 16, 2006:
Titanic FTAs: Is this Time to Establish A Pan-Asia FTA?, presented at the 7th Annual NBER-NCAER Neemrana Conference, Rajasthan. AMARESH DUBEY Email: adubey@ncaer.org
Agriculture Trade Liberalisation and Domestic Market Reforms in Indian Agriculture, Competition Advocacy Seminar for State Governments, Competition Commission of India, New Delhi.
JUNE 911, 2005:
Titanic FTAs: Is this Time to Establish A Pan-Asia FTA?, presented at the 8th Annual Conference on Global Economic Analysis, Lubeck, Germany.
Lectures/Presentations/ Major Conferences OCTOBER 25, 2005: Attended national conference on Empowering for Livelihoods: State Policy, Private Initiative and Civic Action as panellist in the session, Marginalised Access to Resources, Market and Employment: Challenges and Options, organised by Development Alternatives and PricewaterhouseCoopers, New Delhi.
OCTOBER 2005: Attended a workshop of chapter writers of Arunachal Development Report and presented the paper, Rural Development and Poverty co-authored with Veronica Pala, organised by Rajiv Gandhi Arunachal University, Itanagar. NOVEMBER 23, 2005:
Liberalising Domestic Agricultural Markets: Gains for India, First Advisory Committee Meeting, UK High Commission Project, NCAER, New Delhi.
OCTOBER 21, 2005:
JUNE 21, 2005:
FTAs and Doha Development Round: Asian Response to EEU and FTAA, presented during Perspectives on the WTO Doha Development Agenda on Multilateral Trade Negotiations, University of Michigan, Ann Arbor, Michigan, USA. NAMA Negotiations in DDA: Gains for Developing Countries, presented at South Asia Conference on Trade and Development: Run up To Hong Kong, CENTAD, New Delhi. NAMA Negotiations in DDA: Gains for Developing Countries, presented at Hong Kong WTO Ministerial Meeting: Outlook for India, ASSOCHAM, New Delhi.
Visited Social and Policy Research Institute, University of Ulster, Jordonstown, Northern Ireland, UK and presented a paper entitled Issues in Measurement of Poverty.
OCTOBER 27, 2005:
Social Stratification and Positive Discrimination: Role of Caste and Religion in Economic Status in India (with Vani K Borooah and Sriya Iyer), paper presented at the International Conference, the Second Global Labour Forum, New Delhi.
MARCH 13, 2006:
DECEMBER 1214, 2005:
NOVEMBER 25, 2005:
Attended national workshop on Large Health Surveys in India and presented a paper entitled Health Surveys by NCAER (co-authored with Abhilasha Sharma), organised by the National Institute of Health Statistics, New Delhi.
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2005
2006
MARCH 30APRIL 1, 2006 :
In the Margins: Social Inequality in Childrens Educational Outcomes in India (with Sonalde Desai and Cecily Darden), paper presented at the Annual Meeting of the Population Association of America, Los Angeles, USA. SANJIB POHIT Email: spohit@ncaer.org
Manchester and DFID at IIPA, New Delhi.

NOVEMBER 1930, 2005 :
Visited China as part of a delegation to survey Chinese business firms under the EU-India SPF Programme.
Lectures/Presentations/ Major Conferences APRIL 78, 2005: Can Economic Instruments Mitigate Carbon Emissions: An Indian Perspective, 2005, presented at the International Conference on Environment, organised by ITD, JNU. Trade Logistics and Transaction Costs of Goods Traded, 2005, presented at Workshop on Bangladesh-India Trade & FTA, organised by the Bangladesh Enterprise Institute, Bangladesh BASANTA K. PRADHAN Email: bkpradhan@ncaer.org Lectures/Presentations/ Major Conferences SEPTEMBER 30, 2005: Participated and acted as a lead discussant on a paper titled Tracking Poverty Through Panel Data: Rural Poverty In India 19701998. Presented by Dr. Shashanka Bhide at the seminar on Chronic Poverty Emerging Policy Options and Issues, organised by the Chronic Poverty Research Centre and funded by the University of Manchester and DFID at IIPA, New Delhi.
SEPTEMBER 30, 2005 : AUGUST 13, 2005:
Acted as Chair in a technical session of the workshop on Impact of Globalisation on National Firms: The Case of China, organised by the Chinese Academy of Social Sciences, Institute of World Economics and Politics, Beijing Zhonngnan University of Economics & Law, Centre for Studies on Modern and Contemporary China, EHESS, Paris and the State-owned Assets Supervision and Administration Commission of Wuhan held at Zhongnan University of Economic and Law, Wuhan, China
FEBRUARY 27, 2006 : Panelist in a discussion on Economic Survey, organised by the PHD Chamber of Commerce and Industry at PHD House, New Delhi.
NOVEMBER 26, 2005 :
Attended the meeting of Research Advisory Group to identify particular topics for research and studies on developing Sino-Indian relations, at the Rajiv Gandhi Foundation, Jawahar Bhawan, New Delhi. ABUSALEH SHARIFF Email: ashariff@ncaer.org Selected Positions
MEMBER
MARCH 13, 2006:
Participated and acted as a lead discussant on a paper titled Spatial Inequality among Indian Villages presented by Dr. Hari Nagarajan at the seminar on Chronic Poverty: Emerging Policy Options and Issues, organised by the Chronic Poverty Research Centre and funded by University of
Member-Secretary, Prime Ministers High Level Committee and for Preparation of a Report on the Social, Economic and Educational Status of the Muslim Community of India Lectures/Presentations/ Major Conferences SEPTEMBER 1718, 2005: Growth and Human Development in the Emerging
70
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2006
Governance Paradigm, presented in the 2005 Convention of the American Federation of Muslims of Indian Origin (AFMI) held at Dallas, Texas, USA.
SEPTEMBER 22OCTOBER 4, 2005: Meeting with the official of the project Safety Net and Social Protection and India Programme of Research on Human Development, in Washington DC, USA NOVEMBER 1121, 2005:
Visited University of Maryland, Washington DC, USA in connection with India Programme of Research on Human Development project. Is population in India an advantage or a dividend? Have we earned it already? Is it in our kitty? Presented on the 25th Anniversary of Julian L Simons masterpiece, The Ultimate Resource (1981), Jacaranda Hall, India Habitat Centre, Lodhi Road, New Delhi. Secularism v/s Pluralism: The Conceptual Relevance for the Indian Economy, presented at a meeting on Civilisation Dialogue: Japan and India at Tokyo, Japan.
JANUARY 5, 2006:
of Institute of Economic Growth (IEG), New Delhi, August 2005. Member of Indian delegation to the Sixth WTO Ministerial Meeting in Hong Kong (China), December 2005. Member of Technical Advisory Committee for Evaluating Agro-Economic Research Centres/Units, constituted by the Planning Commission. Attended meetings of the Committee in 2005 and 2006. Member of High Powered Committee for Operating and Monitoring Price Stabilisation Fund Scheme, Ministry of Commerce and Industry, Government of India. Attended regular meetings of the Committee. Attended inter-ministerial meetings on Trade Negotiations in Agriculture organised by the Ministry of Commerce and Industry, Government of India, during 2005 and 2006. Lectures/Presentations APRIL 2005: Made a presentation on Dealing with Non-Ad Valorem Bound Rates of Agricultural Tariffs before an interministerial group meeting on Agricultural Trade Negotiations in the Ministry of Commerce, New Delhi. Participated in a Dialogue on Commodities, Trade, Poverty and Sustainable Development as Panel member organised by the International Institute for Environment and Development (IIED), London and International Centre for Trade and Sustainable Development (ICTSD), Geneva held in Barcelona (Spain).
MAY 2005: Made a presentation on Market Access and Related Issues in Agricultural Trade Negotiations before an interministerial group meetings on Agricultural Trade Negotiations in the Ministry of Commerce, New Delhi. MAY 2005: MAY 2005:
MARCH 2829, 2006:
MARCH 30APRIL 1, 2006:
Secularism v/s Pluralism: The Conceptual Relevance for the Indian Economy, at a session, Demographic Implications of Religion and Politics in South Asia at the 2006 annual meeting of the Population Association of America, Washington, USA. ANIL KUMAR SHARMA Email: aksharma@ncaer.org Selected Positions
MEMBER
Member of the Selection Committee for appointment of researchers in the IES Section
Made a presentation on Special
71
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2006
Products, Sensitive Products and New Safeguard Mechanism before an interministerial group meeting on Agricultural Trade Negotiations in the Ministry of Commerce, New Delhi. Attended a Meeting of the Group of Experts in the Agricultural Sector with the visiting US Under-Secretary for Farm and Foreign Agricultural Service, Mr. J.B. Penn, USDA in New Delhi.
DECEMBER 2005: NOVEMBER 2005:
Special Products and New Safeguard Mechanism in the Ministry of Commerce and Industry, Government of India.
FEBRUARY 2006:
Participated in a conference on Liberalising Domestic Agricultural Markets in India and commented on a Paper The Doha Round, The Future of the WTO, and the Role of India and China held in New Delhi. ANUSHREE SINHA Email: asinha@ncaer.org
Participated in a workshop as Panel member on Cost of Cultivation Data organised by the Institute of Economic Growth (IEG) and Indian Society of Agricultural Economics (ISAE) held in New Delhi. Participated as discussant in the Trade Session at the Seventh Annual NBER-NCAER Neemrana Conference held at Neemrana Fort Palace, Neemrana (Rajasthan). Attended a meeting of the Group of Experts in the Agricultural Sector convened by the Finance Secretary, Ministry of Finance, Government of India. Delivered a talk on Agricultural Trade negotiations in a seminar on The Doha Round After Hong Kong: Where Does India Stand? held in New Delhi (2006) organised by the PHD Chamber of Commerce and Industry and Centre for Trade and Development (Centad). Made a presentation on Policy Reforms in Sugar Sector: Implications for Gur and Khandsari Industry in the Ministry of Food and Consumer Affairs, Government of India. Made a presentation on Identifying Products for Coverage under
Lectures/Presentations/ Major Conferences APRIL 912, 2005: ESAP-IAASTD Meeting, organised by the Chinese Academy at Agriculture Science Beijing, China. Presented a paper on A Survey of the Indian Informal Economy, at the National Commission for Enterprises in the Unorganised Sector, Delhi.
AUGUST 7, 2005: MAY 5, 2005:
JANUARY 2006:
JANUARY 2006:
Participated the IAASTD Scenarios Design meeting, at FAO, Rome July 1820, 2005. Contributed to Indias Other Economy published by Reuters and uploaded by many other websites.
SEPTEMBER 2930, 2005: Presentation on Engendering Macro-economic Modelling for Policy Analysis in UNDP Conference at NCPA, Mumbai. OCTOBER 1115, 2005:
FEBRUARY 2006:
First Global & Regional Scenarios Development Meeting of IAASTD, at the World Bank, Washington DC.
MARCH 10, 2006:
FEBRUARY 2006:
Presentation on Study of Macroeconomic Impact of High Oil Prices at the office of Petrofed, New Delhi.
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2006
R. VENKATESAN Email: rvenkatesan@ncaer.org Lectures/Presentations/ Major Conferences OCTOBER 7, 2005: Presentation on Indian Steel Economy and World Steel Dynamics at
POSCO Research Council at Seoul, South Korea at the invitation of POSCO Steel.
FEBRUARY 24, 2006:
Addressing the IT secretaries of the Indian States in a conference in Kochi on IT sector impact Output Multiplier and Employment Multiplier.
73
Appendix II: Resources

STAFF COMPOSITION
Composition of NCAER Permanent and Regular Staff Members in Active Service on March 31, 2006
Researchers (I) Professionals Director-General Level 6 Level 5 Level 4 Level 3 Level 2 (II) Field Staff Level 4 Level 3 Total March 31, 2001 65 1 10 15 31 6 2 11 10 1 76 March 31, 2002 60 1 10 14 28 5 2 9 8 1 69 March 31, 2003 51 1 8 12 21 8 1 7 6 1 58 March 31, 2004 43 1 9 8 17 7 1 6 5 1 49 March 31, 2005 37 1 11 4 14 7 4 3 1 41 March 31, 2006 35 1 10 3 16 5 4 3 1 39
Composition of NCAER Non-Regular Research Staff in Active Service on March 31, 2006
Researchers Professionals Sr. Consultants/Sr. Advisors Consultant/Editor Research Associate
Total
March 31, 2001 37 8 13 16

37
March 31, 2002 37 7 21 9

37
March 31, 2003 26 5 10 11

26
March 31, 2004 48 7 15 26

48
March 31, 2005 32 4 10 18

32
March 31, 2006 47 6 12 29

47
APPENDIX II: RESOURCES
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2005
2006
STAFF ANALYSIS
Researchers Total Staff* Permanent Staff Regular Staff (3 Years and above) Contractual staff (13 years) Staff on deputation Staff on lien/long leave Male staff Female staff Doctorates 86 10 29 46 1 11 58 28 27 Support staff 52 9 24 19 42 10 1 Total 138 19 53 65 1 11 100 38 28
* Staff composition does not include contractual staff on term less than six months and those on lien/long leave.
Regular Professional Research Staff 200506

(I) PROFESSIONALS LEVEL 5 (FELLOW)
Mr. Suman Kumar Bery Director-General

LEVEL 6 (SENIOR FELLOW)
Dr. Saumen Majumdar Dr. Devendra Kumar Pant Dr. Kanhaiya Singh
LEVEL 4 (ASSOCIATE FELLOW)
Dr. Rupinder Kaur Mrs. Abhilasha Sharma Mr. Y.K. Tanwar

LEVEL 3 (RESEARCH ANALYST)
Dr. Shashanka Bhide Senior Research Counsellor Dr. Rajesh Chadha Senior Fellow and Senior Counsellor (Operations) & Secretary Dr. Hari K. Nagarajan Dr. Sanjib Pohit Dr. B.K. Pradhan Dr. Abusaleh Shariff Dr. Anil Kumar Sharma Dr. R.K. Shukla Dr. Anushree Sinha Mr. R. Venkatesan
Mr. M.K. Arora Dr. Saurabh Bandyopadhyay Dr. J.S. Bedi @ Dr. Tarujyoti Buragohain Dr. Samantak Das Dr. S.K. Dwivedi Mr. P.K. Ghosh Mr. R.K. Jaiswal Mr. M.M. Khan Mr. S.K. Mondal Mr. Dripto Mukhopadhyay Mr. Devender Pratap Dr. Sambasiva Rao
Mrs. Poonam Munjal Mrs. Asha Sharma Mrs. Rachna Sharma Mr. Shalabh Kumar Singh Mrs. Anjali Tandon
(II) FIELD STAFF LEVEL 4 (ASSOCIATE FELLOW)
Mr. S.K. Bathla Mr. Om Prakash Sharma Mr. K.S. Urs

LEVEL 3 (RESEARCH ANALYST)
Mr. R.S. Landge
@ Also holding the responsibility of Head, General Services (Acting).
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Non-Regular Professional Research Staff 200506

SENIOR CONSULTANTS/ SENIOR ADVISORS
Dr. Amaresh Dubey Prof. D.B. Gupta (Part-time) Mr. Gajendra Haldea (On secondment) Mr. S.K.N. Nair Mr. P.L. Narayana Dr. N.S. Sastry (Part-time)
CONSULTANTS/EDITORS
Dr. Purna Chandra Parida Mr. Sandipan Ray Mr. P.K. Roy Dr. Tejinder Singh
RESEARCH ASSOCIATES
Ms. Anuradha Bhasin Dr. Puja Vasudeva Dutta Mr. Kalathil Jose Mr. Kosar Jamal Khan Ms. Rupa Malik Dr. Geethanjali Nataraj Dr. L.M. Pandey
Ms. Nandini Acharya Mr. Abhisekh Akhouri Ms. Swati Bajaj Mr. Subrata Bandyopadhyay Mr. Bhuvnender Chaudhary Mr. Anuj Das Ms. Lipika Dasgupta Mr. Indranil De Ms. Monisha Grover Mr. Hemanta Kumar Hazarika Mr. Honey Ms. Charu Jain
Ms. Preeti Kakar Ms. Kanika Kalra Mr. Abhishek Kumar Ms. Jayoti Mitra Ms. Natasha Monga Mr. Rajeev Narayan Ms. Priya Natarajan Mr. Sarbadal Pal Ms. Rashmi Rastogi Ms. Koyal Roy Mr. Ajay Kumar Sahu Mr. Kaushik Sen Ms. Deepti Sethi Mr. Anuj Sharma Ms. Divjot Singh Ms. Anamika Sinha Mr. Debraj Sinha Ms. NishaVarghese
Staff on Lien/Long Leave (as on March 31, 2006) Mr. S.D. Brahmankar Dr. Anil Gumber Ms. Veena Kulkarni Dr. Pramod Kumar Mr. Santosh Kumar Mr. S.V. Malvea Mr. Amrendra Sahoo Mr. K.A. Siddiqui Dr. Sunil Kumar Sinha Dr. Pradeep Srivastava Mr. A. Subramanian
SUPPORT UNITS Composition of Support Units of NCAER

March 31, 2001 REGULAR & PERMANENT Level 5 Level 4 Level 3 Level 2 Level 1
Total
March31, 2002 6 3 19 24 4
56
March31, 2003 6 1 13 21 4
45
March31, 2004 4 2 14 19 4
43
March31, 2005 3 1 13 19 4
40
March31, 2006 2 1 13 13 4
33
5 3 16 29 3
56
SUPPORT STAFF (SHORT TERM) Officers Technical staff Office Staff Service Staff
Total
4 6 13 8
31
4 5 19 8
36
5 6 18 8
37
2 3 10 8
23
1 3 10 8
22
3 2 6 8
19
77
77
2005
2006
Regular Support Staff 200506

LEVEL 5
Mr. J.M. Chawla Head, Computer Centre Mr. N.J. Sebastian Librarian
LEVEL 4
Mr. Rakesh Srivastava Mr. Net Ram Verma Assistant Accounts Officer
LEVEL 2 (EXECUTIVE)
NON-REGULAR SUPPORT STAFF
Mr. J.M. Pandit Admn. Officer (Personnel & Admn.)

LEVEL 3 (SENIOR EXECUTIVE)
Mrs. Sudesh Bala Mr. Dharam Pal Mr. Ajay Gupta Mrs. Geetu Makhija P.S. to the Director-General Mr. J.S. Punia Senior Publications Assistant Mr. B. Ramesh Mr. Praveen Sachdeva Mr. Praveen Sharma Mr. Balwant Singh Mr. Dhanraj Singh Ms. Garima Singh
Mrs. Shalini Aggarwal Mr. G. Anil Mr. Ram Belas Mrs. Sangita Chaudhary Mr. Bijay Chouhan Mr. Vinod Kumar Gupta Mr. G.C. Khulbe Mr. D.N. Sharma Mr. Vinay Kumar Sharma Mr. Budh Singh Mr. Jai Singh Mr. Niraj Kumar Singh Mr. Rajender Singh
LEVEL 1 (SERVICE ASSISTANT)
Mr. Khurshid Ahmed Mr. Ram Kumar Mr. Surinder Kumar Mr. Satyender Singh
Dr. Dalip Kumar Admn. Officer (Projects) Mrs. Poonam Dhawan Mr. Mahboob Khan Mrs. Jaya Koti Mr. Nitin Kumar Mr. Yogesh Kumar Mr. Mam Chand Mr. Dilip Kumar Mishra Ms. Roma Pathania Mrs. Neeta Sahu Mr. B.S. Saini Consultant Mr. Ashok Kumar Sharma Ms. Sarita Sharma Mr. Surya Pal Sharma Mr. Bhola Singh Mr. Dinesh Singh Mr. Kashmir Singh Mr. P.M. Verma Consultant Mr. Rajkumar Yadav
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2005
2006
LIBRARY
The library of NCAER is one of the finest in South Asia in the field of applied economics. Scholars and researchers avail its resources for their pursuits. Its rich and varied collection, which is constantly being augmented by the latest books, journals and online sources, makes it a veritable shrine for the economist community. More than 1,100 scholars, students and consultants used the library during 200506. COLLECTION DEVELOPMENT The NCAER librarys collection development policy is largely determined by our research requirements but not restricted to that. The varied collection of books, journals and other electronic resources and non-print media throws up an interesting mix of traditional materials and digital resources. The library added more than 1,500 documents and other electronic resources during 200506. It also received more than 700 working papers from national and international institutions. The Knowledge Resource Committee, which comprises subject experts from the Council, also guides the collection development policy. While continuing to receive CD databases, the following CD ROMs and online databases were added during the year: Indiastat.com Agriwatch.com Emerging textiles Comtrade PC TAS Other important online bibliographical databases available in the library include Econlit and ISID Research Reference. Being a depository of both the International Monetary Fund and the Asian Development Bank, the library continues to receive all their publications and databases. LIBRARY SERVICES The library provides routine services like interlibrary loan, photocopy and indexing service and bibliography compilation. NCAER publications like Artha Suchi, Current awareness service in economics, New additions and List of working papers. Online access to the librarys publications is possible through the librarys homepage. The
THE STUDY ROOM
THE REFERENCE SECTION
79
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2006
2005
2006
library also collaborated with major libraries on management and economic research in compiling a Union list of all journals available with them. Once the new NCAER web site is launched, it would be easy to access the journals on the Union list. TOWARDS 200607 In NCAERs golden jubilee year, the library proposes to undertake an important project. It is born out of the realisation that the vast
amount (more than 700) of project reports published by the Council over the past 50 years does constitute a formidable intellectual property and needs protection and preservation for posterity. Most of these reports are in the form of typed or cyclostyled manuscripts. With age, many are showing signs of brittle. The library is planning a move to digitalise these manuscripts. However, the projects getting off the ground is subject to availability of funds.
THE SIZE OF THE LIBRARYS COLLECTION (AS ON MARCH 31, 2006)

Year 200405 200506 Books 24773 25240 Reports 34506 34890 Other Documents 16841 17476 Total Collection 76120 77606
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2006
COMPUTER CENTRE
NCAERs Computer Centre is responsible for maintenance of the Councils Information Technology (IT) infrastructure. It also services all data processing requirements. With the increase in usage of the computer as a productivity tool, the number of desktops has grown considerably. Each researcher and support personnel have been provided with a personal computer. The Computer Centre maintains 180 desktop PCs, most of which are high-end Pentium IVs, 25 laptops, an array of local and network laser jet printers, colour laser printers, scanners, CD writers and LCDs for the research and support staff. Researchers have been provided with econometric and statistical software packages/ programmes like EVIEWS, GEMPACK, GAMS, STATA, MICROFIT and SHAZAM among others, have been made available for researchers along with good email and internet connectivity through a 256 KBPS leased line. Besides, most of the members of the support staff have internet and email access. NCAERs own web site (www.ncaer.org) is presently undergoing a major changeover. An Office Management System is being implemented in the Council. This will help
streamline administrative activities, maintain records of personnel as well as serve as a management information system. Together with the library, the Computer Centre is working on the implementation of a data management system for conversion of all completed primary survey data sets to a usable format to facilitate research and analysis work. Some major data processing projects handled by the Computer Centre during 200506 included: India Programme for Research in Human Development Socio-Economic Impact Study of HIV/ AIDS Comprehensive study to assess the genuine demand and requirement of kerosene oil.
81
NATIONAL COUNCIL OF APPLIED ECONOMIC RESEARCH Parisila Bhawan 11 Indraprastha Estate New Delhi 110 002 India T +91 11 2337 9861-63 F +91 11 2337 0164 E infor@ncaer.org W www.ncaer.org

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NCAER Annual Report 2005

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Annual Report 20052006

NCAERs Golden Jubilee: 19562006

Annual Report 20052006

NATIONAL COUNCIL OF APPLIED ECONOMIC RESEARCH

+91 11 2337 986163 F +91 11 2337 0164 infor@ncaer.org W www.ncaer.org

LIST OF ABBREVIATIONS THE INSTITUTION

DIRECTOR-GENERALS REPORT ACTIVITIES 200506

APPENDIX I: ACTIVITIES OF SENIOR STAFF APPENDIX II: RESOURCES

NCAER ANNUAL REPORT 20052006

NCAER ANNUAL REPORT 20052006

Ex-Chairman, Telecom Regulatory Authority of India and State Bank of India

Senior Fellow and Senior Counsellor (Operations) and Secretary

* As on March 31, 2006.

NCAER ANNUAL REPORT 20052006

38. 39. 40. 41.

March 31, 2006 44 10 4 1 59 Rs. 2, 25, 000

THE NCAERS FOUNDATION STONE IN ITS GOLDEN JUBILEE CELEBRATION YEAR

NCAER ANNUAL REPORT 20052006

NCAER ANNUAL REPORT 20052006

Indias Telecommunications Industry: History, Analysis, Diagnosis

Social Accounting Matrix for India: Concepts, Construction and Applications

A study on distribution of kerosene through the Public Distribution System (PDS) by

Willem H. Buiter and Urjit R. Patel on Fiscal

NCAER ANNUAL REPORT 20052006

M. Govinda Rao and R. Kavita Rao on Tax Policy and

Chadha, R. and Sharma, Pooja (2005). Liberalising

Chadha, R. Pratap, Devender, Sharma, Pooja, &

Tandon, Anjali (2005). Indian textiles: weaving a

Rao, Ch. Sambasiva (2005). Information and

Manas Chakrvarty (2005). Global liquidity and

Mehta, Pradeep S. and Pranav Kumar (2005). The

sumption economics in Karnataka. 37 (4), July-Sept.

Yue-Wei Hu. (2005). Private (occupational) pensions

NCAER ANNUAL REPORT 20052006

NCAER ANNUAL REPORT 20052006

Committee Room, NCAER, New Delhi. Dr D K Pant

MAY 13, 2005:

CONFERENCES, SEMINARS, WORKSHOPS AND SYMPOSIA

Quarterly Review: State of the Economy Seminar

Committee Room, NCAER, New Delhi. ORGANISER: Dr D K Pant

India-Bangladesh Trade &

FTA India International Centre, New Delhi. ORGANISER: Dr Sanjib Pohit

NOVEMBER 11, 2005:

OCTOBER 1011, 2005:

Workshop on Impact of Globalisation on National Firms: The Case of India and

NCAER ANNUAL REPORT 20052006

EUROPEAN UNION (EU)

20. 21. 22. 23.

27. 28. 29. 30.

NATIONAL COOPERATIVE DEVELOPMENT CORPORATION Processing, Storage, etc.

NCAER ANNUAL REPORT 20052006

Telecom-Universal Service Obligations (Benchmarking of subsidies) (I/02/019)

ADMINISTRATOR, UNIVERSAL SERVICE OBLIGATION FUND, DEPARTMENT OF TELECOMMUNICATIONS, GOVERNMENT OF INDIA

41. 42. 43. 44.

50. 51. 52.

65. 66. 67. 68.

NCAER ANNUAL REPORT 20052006

GROWTH, TRADE AND ECONOMIC MANAGEMENT*

QUARTERLY REVIEW OF THE ECONOMY (M/05/020)

INDIA POLICY FORUM* (G/05/009)

PROJECT TEAM: SUMAN BERY, SHASHANKA BHIDE

EXPERT COMMENTATORS AT QUARTERLY REVIEW SEMINARS IN 200506:

PROJECT TEAM: SHASHANKA BHIDE, DRIPTO