Current Context: Finance Minister Nirmala Sitharaman will launch the NITI NCAER States Economic Forum on April 1, 2025. Developed by NITI Aayog and NCAER, the portal serves as a comprehensive data repository on India’s social, economic, and fiscal parameters spanning over three decades.

Key Points:

• Objective: Enhances analysis and transparency in state finances and socio-economic trends.
• Components of the Portal:
  • State Reports: Summaries of 28 states macro and fiscal conditions.
  • Data Repository: Covers demography, economy, fiscal, health, and education.
  • State Fiscal & Economic Dashboard: Visual data representation with historical trends.
  • Research & Commentary: Insights on state finances & fiscal policy management.
• Purpose & Benefits:
  • Consolidates sectoral data into one platform for better analysis.
  • Enables benchmarking of state data against national and other state figures.
  • Supports researchers and policymakers in evidence-based decision-making.