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Tamil Nadu drops in NCAER State Investment Potential Index (N-SIPI 2017)
July 21 , 2017
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- Tamil Nadu slipped three ranks to the sixth position in the State Investment Potential Index this year (2017) compared to last year.
- Tamil Nadu has lost its position among the top three States in overall ranking, primarily on account of falling short on the pillar relating to perceptions, in which surveyed firms reported facing constraints on land, labour, infrastructure, economy and governance issues. The Index released by the National Council of Applied Economic Research (NCAER) ranks the competitiveness of Indian States on six pillars: land, labour, infrastructure, economic climate, political stability and governance, and business perceptions.
- In 2016, T.N. dropped six places to 18 - the lowest among developed States — in the business reforms rankings released by the Department of Industrial Policy and Promotion and the World Bank. Its share of FDIs into the country declined to 2.9% in 2016 from 13.1% in 2015.
NCAER (National Council of Applied Economic Research)
NCAER is India’s oldest and largest independent, non-profit, economic policy research institute. It is a New Delhi based non-profit think tank of economics.
Nandan Nilekani is President of the Governing Body and Dr Shekhar Shah is current Director General of NCAER.
It was established in 1956 with financial support from the Ford Foundation, Finance Ministry and Tata Sons. Pandit Jawaharlal Nehru laid the foundation stone of NCAER campus on October 31, 1959. 
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