On Tuesday, Finance Minister Nirmala Sitharaman launched the “NITI NCAER States Economic Forum” portal in New Delhi. Developed by NITI Aayog in collaboration with the National Council of Applied Economic Research (NCAER), this portal aims to provide comprehensive fiscal data for all Indian states, spanning from 1990-91 to 2022-23.

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• The portal offers detailed data on social, economic, and fiscal parameters from 1990-91 to 2022-23.
• It aims to improve access to authentic and transparent financial data for Indian states.
• The platform will help states make informed policy decisions and enhance revenue management.
• States can also learn from the fiscal experiences and strategies of their peers.
• Finance Minister Sitharaman emphasized the importance of balancing revenue generation and citizen welfare.
• Dr. Poonam Gupta from NCAER stressed the portal’s role in understanding diverse fiscal strategies across states.
• The platform allows policymakers to compare financial strategies and make data-driven decisions.
• NITI Aayog CEO BVR Subrahmanyam described it as a valuable public resource for promoting fiscal awareness.
• The initiative is seen as a long-term asset for the nation, aiding in informed economic policymaking.
• Vice Chairman of NITI Aayog, Suman K Bery, highlighted its significance for public finance management.