Portal developed by NITI in collaboration with NCAER
FinTech BizNews Service
Mumbai, April 1, 2025: Finance Minister Ms. Nirmala Sitharaman launched the “NITI NCAER States Economic Forum” portal today in New Delhi. The portal has been developed by NITI Aayog, in collaboration with the National Council of Applied Economic Research (NCAER), which is a comprehensive repository of data on social, economic and fiscal parameters, research reports, papers, and expert commentary on State Finances for a period of about 30 years (i.e 1990-91 to 2022-23).
In her keynote address, Ms. Nirmala Sitharaman stated that NITI NCAER States Economic Forum will be beneficial in the availability of authentic data. She observed that the portal will help States to make more meaningful interventions, raising revenues, managing debts and learning from peer experiences. She emphasised the importance of balance in public finances between revenue generation without burdening the people. She said that this forum is a much-needed step in present times which will help in greater engagement with States.
Director General of National Council of Applied Economic Research (NCAER), Dr. Poonam Gupta while making a presentation on the portal highlighted the diverse nature of fiscal path of the States. She underlined the need for a portal which has comprehensive data of all States, thereby, providing an opportunity to appreciate the position of other States while making informed policy decisions.
CEO, NITI Aayog, Shri BVR Subrahamanyam, in his remarks, emphasised that this forum will not only provide information for public knowledge but will also create awareness and fiscal learning across States. He further opined that this forum will play a pivotal role in human service and a permanent asset for the nation as a whole.
NITI Aayog, Vice Chairman, Suman K Bery, observed that the NITI NCAER State Economic Forum is a key step in data-driven research, especially on public finances.
