Economics & Finance-I (E&F-I)

The Economics and Finance-I Division supports NITI Aayog’s mission of driving sustainable and inclusive growth by anchoring macroeconomic analysis, fiscal policy assessments, and trade diagnostics. The Division contributes to India’s long-term development strategy by generating forward-looking economic forecasts, developing evidence-based indices, and evaluating state-level economic resilience. It plays a pivotal role in supporting the Viksit Bharat @2047 vision by providing macroeconomic modelling and insights that inform national and state-level strategic planning. Through in-house research, collaborative engagements, and policy advisory to key ministries, the Division works to enhance productivity, fiscal prudence, and trade competitiveness. This supports India's transition to a developed economy by enabling data-driven decision-making, improved governance frameworks, and equitable growth opportunities for all.

• Macroeconomic Modelling and Visioning

  Undertake forward-looking macroeconomic modelling and scenario-building exercises to support strategic national goals, including the Viksit Bharat @2047 initiative. Contribute to vision documents for both Centre and States through evidence-based projections and structural diagnostics.

• Fiscal Performance and Debt Sustainability

  Analyse state-level fiscal health, debt profiles, revenue trends, and expenditure quality to inform fiscal reforms and guide policy at state levels.

• Trade Analysis and Competitiveness

  Track India’s trade performance and emerging global trends to identify sectoral opportunities and address vulnerabilities, with analytical inputs on trade strategy and market access.

• Research and Knowledge Products

  Prepare high-impact working papers, internal briefs, and index-based assessments to address contemporary macroeconomic challenges and inform policymaking.

• Workshops and Capacity Building

  Organize inter-state workshops and stakeholder consultations to enhance knowledge exchange, regional collaboration, and dissemination of policy best practices.

• Policy Inputs to Key Ministries

  Provide timely and evidence-backed policy suggestions, responses, and research support to the Ministry of Finance, Ministry of Commerce, and other relevant departments.

• Collaborations and External Engagements

  Engage with reputed academic institutions and domain experts for studies, analytical support, and data validation to strengthen the division’s policy advisory role.

• Support to Cross-Vertical Initiatives

  Offer macro-fiscal and trade-related insights to other Divisions within NITI Aayog to support integrated national planning and coordinated reform implementation.

• Ministry of Commerce and Industry
• Ministry of Statistics and Programme Implementation
• Department of Economic Affairs and other related Departments of the M/o Finance
• Ministry of External Affairs
• Reserve Bank of India
• Comptroller and Auditor General of India
• State Governments

• Macroeconomic modelling and long-term growth projections for Viksit Bharat @2047
• Assessment of state fiscal health and debt sustainability
• Evaluation of trade competitiveness and export resilience
• Development of evidence-based indices and working papers
• Inputs for Vision documents for states including Gujarat, Odisha, Andhra Pradesh, and Bihar and others
• Workshops with state governments
• Policy inputs to Ministry of Finance and Ministry of Commerce on macroeconomic and external sector issues
• Capacity-building sessions and expert consultations with academic and institutional partners
• Collaboration with external researchers and institutions for thematic economic studies
• Support to other NITI divisions through macro-fiscal and trade-related insights