Sector Wise Studies

At Indicus, research in the financial sector works towards achieving the aim of balanced and inclusive growth. The use of technology to bring about financial inclusion, for instance, has been a key element in much of our work. Our monthly newsletter Emerging Economy, which is forward looking in its approach, highlights issues of concern in the macro economy.

Further, India being a federal state, there are numerous issues that need to be dealt with at a disaggregated level - Indicus brings out reports assessing growth and development progress at state and sub-state levels as part of the effort to understand regional concerns. Indicus is also a member of the panel of forecasters in the Reserve Bank of India's quarterly Survey of Professional Forecasters.

This study aims at quarterly forecasting of important macro-economic indicators and FMCG market in India
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Closely Monitoring the Indian Economy

Sponsor: MW Corporation (P) Ltd

January 2014

A regular intensive analysis of the Indian Economy. A monthly report with a 360 degree overview of the Indian economic conditions that included-growth, inflation, fiscal and monetary conditions and policy expectations.
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The Immediate future of the Economy

Sponsor: India Today

November 2013

The study involves an analysis of macro-economic conditions and forecasts, and their link with markets in India.
The paper analysed the linkages between services and manufacturing sectors and the growth of one sector has an impact over the other. This was established using input-output model.
Monthly column on policy issues
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Bilateral Trade related statistical study

Sponsor: Embassy of Uruguay

April 2009

One of the main requisite of this study was to analyze the comparison with other supplier countries in those products, the competitiveness of Uruguay exports to India.
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Habits of Highly Effective Countries

Sponsor: International Policy Network (IPN)

June 2008

This report was an empirical analysis of how India compares with policies associated with success and failure internationally. It illustrated inter alia that the integrity of the legal system was one of the most important factors – perhaps the most important – associated with success.
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Mitigating Exchange Rate Risk of SMEs

Sponsor: MMTC Limited

January 2008

This paper developed a mechanism which enables SMEs to mitigate exchange rate derived risk in a manner that was sustainable and scalable, was simple for the SMEs to incorporate in their decision making, and can be made available widely and easily to them at a low cost. Appropriate role of financial institutions (banking system), EXIM Bank, as well as the Ministry of Commerce was also suggested.
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Efficiency in Public Spending

Sponsor: The World Bank

November 2007

The basic aim of this study was to identify the lagging and leading states across India in different social areas. The term ‘leading’ was used to characterize those states that are relatively more efficient in converting expenditures to outputs and outcomes. ‘Lagging’ reflects the converse. The focus was not so much to rank the states or districts but to club together areas that are most efficient in delivery, as well as focus on the areas that need immediate attention both in terms of public spending and overall policy interventions. The analysis of state and district level input-outputs of elementary education, state level inputs of rural roads and water supply was done to full fill the aim. The main data sources used were Reproductive and Child Health Survey 2002-04, District Information System for Education 2003-04, Analysis of Budgeted Expenditure on Education 2003-04 to 2005-06, Census 1991 and 2001, and online information available on Pradhan Mantri Grameen Sadak Yojana.
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India Economic Reforms Impact Study

Sponsor: Credit Rating and Information Services of India Ltd. (CRISIL)

August 2007

Ever since the economic reforms of 1991, there have been debates in the policy circles regarding the efficacy of the reforms. The obvious questions that have been raised are, whether there has been any success if at all of these reforms. The 1991 reforms of India, was for all to know, was a clear departure from the policy regime followed in the past, with increasing participation from the private sector. This study deals with analyzing the changes and reforms initiated by the Government and the success met by these. This has been analyzed comparing the infrastructural and socio-economic development of the country, both pre and post reforms. Others indicators used are GDP and per capita GDP growth rates. The study also extends to analyzing the various policy initiatives in capital markets, housing & insurance sector, banking sector, financial sector, rural finance and pension sector since 1991.
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Daily Data Column titled "Plug In"

Sponsor: Financial Express

January 2007

This involved providing on a daily basis developments on the economic front by way of graphs and tables.
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India - An Overview

Sponsor: India Brand Equity Foundation (IBEF)

December 2003

Presentations on various facets of the Indian economy showcasing the “India Advantage” were developed for the India Brand Equity Foundation, a public-private partnership between the Ministry of Commerce, Government of India and the Confederation of Indian Industry. The Foundation’s primary objective was to build positive economic perceptions of India globally.
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Investment For Development - The Case Of Seven Economies in Transition

Sponsor: Consumer Unity & Trust Society (CUTS)

October 2003

Foreign Direct Investment essentially deals with the expansion of productive entities (firms) across international boundaries.
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Base of Pyramid Strategy for IFC-South Asia

Sponsor: International Finance Corporation (IFC)

The objective of this project was to develop and provide a framework and develop a working tool that would help IFC achieve a better development impact. This was done by providing district level data on a set of indicators that reflect spread and depth of under Privileged in India.
The series presented a never-before detailing on the emerging demographic & psychographic profiling of urban Indian consumers based on their SEC based on the information from on-going large-scale primary surveys by Indicus, various rounds of National Sample Survey Organisation (NSSO) surveys, National Data Survey of Savings Patterns of Indians (NDSPPI), District-level Household Survey (DLHS), etc.
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Developmental Financial Institutions, Financial Constraints and Growth

Sponsor: Society for Economic Research and Financial Analysis

In many countries, Developmental Financial Institutions (DFI's) have been major conduits for channelling funds to particular firms, industries and sectors during their process of development.