Business Finance

Nirmala Sitharaman to Launch NITI-NCAER State Finances Portal

Finance Minister Nirmala Sitharaman will launch the NITI-NCAER States Economic Forum portal on April 1, a collaborative initiative between NITI Aayog and the National Council of Applied Economic Research (NCAER). This new digital platform is designed to provide extensive access to nearly 30 years of data covering the fiscal, economic, and social landscape across all 28 Indian states.

The portal will serve as a comprehensive repository of data from 1990-91 to 2022-23, offering users an in-depth look into state-level performance on various indicators. Its primary goal is to improve transparency, support data-driven decision-making, and facilitate comparative analysis between states.

NITI-NCAER Portal

Key features of the portal include detailed state reports that outline macroeconomic and fiscal conditions, demographic trends, economic structures, and social development metrics. Users will also gain access to a well-organized data repository across five categories—demography, economic structure, fiscal indicators, health, and education.

A key highlight is the State Fiscal and Economic Dashboard, which provides graphical analysis of important trends over time. It features summary tables and appendices to allow researchers, policymakers, and analysts to quickly understand state-level data in context.

State Finance Data

The platform also includes a curated library of research reports, commentary, and expert analysis on fiscal policies and economic strategies relevant to both state and national levels. It is intended to encourage informed discussion and debate, making it easier to benchmark state performance and monitor progress.

This initiative is seen as a crucial step toward enhancing fiscal transparency and improving the quality of governance through the use of real-time data. It empowers governments, institutions, and citizens with the ability to track historical and emerging patterns in public finance and socio-economic development.

By offering a one-stop solution for state-level economic and fiscal data, the portal is expected to play a key role in supporting policy reforms, fostering inter-state collaboration, and advancing the agenda of cooperative federalism.

+ posts

Related Posts