Annual Report 2015–16 Annual Report 2015–16

134 Pages·2016·6.25 MB·English

National Council
of Applied Economic
Research
AAnnnnuuaall RReeppoorrtt
22001155––1166
N C AE
R
60

National Council
of Applied Economic
Research
AAnnnnuuaall RReeppoorrtt
22001155––1166
NCAER ANNUAL REPORT 2015-16 i
© National Council of Applied Economic Research, 2016
August 2016
Published by
Anil K. Sharma
Secretary and Head of Operations and Senior Fellow
National Council of Applied Economic Research
Parisila Bhawan, 11 Indraprastha Estate
New Delhi 110 002
Tel: [phone] to 3
Fax: [phone]
[email protected]
www.ncaer.org
Compiled by
Jagbir Singh Punia
Coordinator, Publications Unit
ii NCAER ANNUAL REPORT 2015-16
NCAER | Quality . Relevance . Impact
The National Council of Applied
Economic Research, or NCAER as it is
more commonly known, is India’s oldest
and largest independent, non-profit,
economic policy research institute. It
is also one of a handful of think tanks
globally that combine rigorous analysis
and policy outreach with deep data
collection capabilities, especially for
household surveys.
NCAER’s work falls into four thematic
NCAER’s roots lie in Prime Minister areas:
Nehru’s early vision of a newly
independent India needing independent • Growth, macroeconomics, trade,
institutions as sounding boards for international finance, and economic policy;
the government and the private sector.
• The investment climate, industry, domestic
Remarkably for its time, NCAER was
finance, infrastructure, labour, and urban;
started in 1956 as a public-private
partnership, both catering to and funded • Agriculture, natural resource management,
by government and industry. NCAER’s and the environment; and
first Governing Body included the entire
• Poverty, human development, equity,
Cabinet of economics ministers and
gender, and consumer behaviour.
the leading lights of the private sector,
including names on both sides like C. D.
The focus of NCAER’s work in these
Deshmukh, J.R.D. Tata, John Mathai,
areas is on generating and analysing
and Asoka Mehta. The Ford Foundation
empirical evidence to support and inform
provided substantial, early financial
policy choices. Field data collection is a
support, combined with support from
big part of NCAER’s strengths. NCAER
the Finance Ministry and Tata Sons.
publishes the refereed, international
Over nearly six decades, NCAER’s
Journal of Applied Economic Research.
Governing Body has included almost
Another annual, refereed journal, the
every prominent Indian economist and
India Policy Forum, is the highest ranked
industrialist, including Prime Minister
economics journal out of India based on
Dr Manmohan Singh as a member
citation counts.
during 1976–82, and Ratan Tata as
President during 1994–98. The bulk of NCAER’s operating revenues
comes from research supported by
Designed by the Harvard-trained
the government and industry. This is
architect, A. P. Kanvinde, NCAER’s
supplemented by research grants from
iconic campus located in the heart of
international donors and income from
New Delhi has been home to some of the
NCAER’s endowment. NCAER is also
best economists, statisticians, journalists,
a part of the Think Tank Initiative, the
and corporate minds of India. On July
global network of think tanks in 22
27, 2013, Dr Manmohan Singh laid the
countries that are receiving core funding
foundation stone for the new NCAER
through competitive, multi-year multi-
India Centre that is nearing completion
donor institutional grants.
on this campus.
NCAER ANNUAL REPORT 2015-16 iii
NCAER has been led since May 2011 by of Michigan, and Columbia University
its ninth Director-General, Dr Shekhar in the US; the London School of
Shah, who joined NCAER from the Economics and Oxford University in
World Bank where he was the Bank’s the UK; the New Economic School in
Regional Economic Adviser for South Moscow; Tsinghua University in Beijing;
Asia. NCAER’s Governing Body is Australian National University, Monash
headed by Mr Nandan M. Nilekani, University, and ACIAR in Australia;
former Chairman of the Unique and the Fung Global Institute in Hong
Identification Authority of India and Kong. NCAER’s links in South Asia
former CEO of Infosys Ltd. NCAER include the Centre for Policy Dialogue in
has extensive links in India and outside Dhaka, the Institute of Policy Studies in
with major think tanks and universities, Colombo, and LUMS in Lahore.
including NBER, Brookings, the
For further details please visit
University of Maryland, the University
www.ncaer.org
The NCAER India Centre under construction.
iv NCAER ANNUAL REPORT 2015-16
Contents
About NCAER iii
The Institution 1
Governing Body 1
Founding Governing Body in 1956 2
General Body 2
Director-General’s Message 5
Activities 13
NCAER Public Events 13
NCAER Research Programme 23
NCAER Publications 51
Activities of NCAER Research Staff 61
Research and Administrative Resources 83
NCAER Research and Administration 83
NCAER Library and Information Services
89
NCAER Finance
91
NCAER Human Resources
92
NCAER Publications
93
NCAER Information Technology
94
NCAER General Services 96
NCAER Accounts 97
Abbreviations/Acronyms 121
NCAER ANNUAL REPORT 2015-16 v
The NCAER India Centre at various stages of its construction.
vi NCAER ANNUAL REPORT 2015-16
The Institution
Governing Body
The Governing Body of NCAER, headed by its President, includes prominent persons
from government, industry and academia, and is elected by the General Body of
NCAER. The Chief Executive of NCAER is its Director-General. The General Body
includes representatives of central government, public sector corporations, corporate
houses, and other institutions.
The Governing Body met twice during 2015–16: on August 6, 2015 and on
February 26, 2016. The General Body met on August 6, 2015.
President
Nandan M. Nilekani Former Chairman, Unique Identification Authority of India,
New Delhi
Vice-President
M.S. Verma Former Chairman, Telecom Regulatory Authority of India
and State Bank of India
Members
Mukesh D. Ambani Chairperson, Reliance Industries Limited, Mumbai
Surjit S. Bhalla Managing Director, Oxus Investments Private Limited,
New Delhi
Yogesh C. Deveshwar Chairperson, ITC Limited, Kolkata
Ashish Dhawan Founder and Chairman, Central Square Foundation,
New Delhi
Naina Lal Kidwai Chairman, Max Financial Services
Shaktikanta Das Secretary, Economic Affairs, Ministry of Finance, New
Delhi
Deepak S. Parekh Chairperson, HDFC Limited, Mumbai
Rajendra S. Pawar Chairperson and Co-founder, NIIT Group, New Delhi
Shekhar Shah Director-General, NCAER, New Delhi
Secretary
Anil K. Sharma Secretary and Head of Operations and Senior Fellow,
NCAER
NCAER ANNUAL REPORT 2015-16 1
Founding Governing Body Members in 1956
John Mathai J.R.D. Tata
Chairman, State Bank of India Chairman, Tata Industries Ltd
C.D. Deshmukh Asoka Mehta
Union Minister of Finance Member of Parliament
T.T. Krishnamachari J.F. Sinclair
Union Minister of Commerce and Industry General Manager, Burmah-Shell Oil
Storage and Distributing Co. of India Ltd
V.T. Krishnamachari
Deputy Chairman, Planning Commission N.R. Pillai
Secretary-General, Ministry of External
Affairs
General Body
Life Members Patron Members
Bimal Jalan Bata India Ltd
Subir Gupta DCL Polyesters Ltd
D.N. Patodia ICICI Bank Ltd
S.M. Wahi State Bank of India
Special Member
New Zealand High Commission, New Delhi
Corporate Members
1. Ajay Sethi and Associates LLP, 9. National Dairy Development Board
Chartered Accountants
10. NIIT Ltd
2. Apollo Tyres Ltd
11. Orient Paper and Industries Ltd
3. Bharat Forge Ltd
12. Sakthi Sugars Ltd
4. Central Board of Excise and Customs
13. SRF Ltd
5. CESC Ltd
14. Telecom Regulatory Authority of
6. Godrej and Boyce Manufacturing India
Company Ltd
15. Triveni Engineering and Industries
7. Hindalco Industries Ltd Ltd
8. ILFS Ltd 16. V. Malik and Associates, Chartered
Accountants
Ordinary Members
1. Agarwal Maheswari & Company
2. EPW Research Foundation 3. Martin & Harris (P) Ltd
4. SidhoMal Paper Conversion Co. (P)
Ltd
2 NCAER ANNUAL REPORT 2015-16