NITI-NCAER States Economic Forum Portal Enhances Data-Driven Governance

Why in the News ?

NITI Aayog and NCAER launched the States Economic Forum Portal, providing 30 years of state-wise data on social, economic, and fiscal indicators. The portal aims to enhance evidence-based policymaking, benchmarking states, and fostering healthy competition.

NITI-NCAER States Economic Forum Portal Enhances Data-Driven Governance

About the NITI-NCAER States Economic Forum Portal:

  • The NITI-NCAER States Economic Forum Portal was launched to enhance transparency and evidence-based policymaking in Indian states.
  • Jointly developed by NITI Aayog and the National Council of Applied Economic Research (NCAER), the portal serves as a comprehensive data repository.
  • It covers 30 years of state-wise data (1990-91 to 2022-23) on social, economic, and fiscal indicators.
  • It enables users to analyze trends, compare state performances, and formulate strategic development plans.

Significance and Benefits:

  • The portal benchmarks states against each other and national averages, fostering healthy competition.
  • It supports policymakers, researchers, and analysts in crafting informed, data-backed policies.
  • With real-time analytics, the portal aids in tracking progress and implementing effective governance strategies.
  • The initiative aligns with the vision of promoting transparent and data-driven governance in India.

Key Features and Components of NITI-NCAER States Economic Forum Portal :

●      The portal offers four main components:

○       State Reports: In-depth analysis and insights on state-level performance.

○       Data Repository: Access to extensive historical data for policy evaluation.

○       Economic Dashboard: Visual representation of trends and comparisons across states.

○       Research & Commentary: Expert insights for evidence-based policymaking.