Finance Minister Nirmala Sitharaman to officially launch the “NITI NCAER States Economic Forum” portal on April 1. The platform is intended to provide a comprehensive database of economic, social, and fiscal statistics for Indian states during the past three decades, up to the fiscal year 2022-23.
The platform, created in collaboration between NITI Aayog and the National Council of Applied Economic Research (NCAER), divides data into five core verticals: demography, economic structure, fiscal health, education, and healthcare. Its goal is to provide researchers, policymakers, and analysts with a single-window access to state-level economic data.
The program would allow users to compare state performance to national averages and other regions, enabling data-driven decision-making. The tool will facilitate evidence-based policymaking by providing real-time information and historical trends.
According to NITI Aayog, the portal’s user-friendly interface allows for seamless navigation, making complex data easily accessible. It will also promote informed conversations by presenting a structured macroeconomic and fiscal landscape for all 28 states. The database is expected to be a valuable tool for policymakers in tracking economic progress and identifying emerging patterns.
The portal’s centralised repository of information intends to increase transparency and stimulate strategic conversations about state-level development policies.
