Economic Research, Consultancy & Advisory (ERCA)

Ideas shape the course of history.

— John Maynard Keynes

ERCA is spearheaded by Dr. Debesh Roy.

Dr. Debesh Roy is Chairman, Institute for Pioneering Insightful Research & Edutech Pvt. Ltd. (InsPIRE). He holds a PhD in Economics, and has 34 years of experience in policy research, development banking and consultancy. He has held a senior position at the National Bank for Agriculture & Rural Development (NABARD), where he worked for 32 years in various capacities, and gained expertise in the areas of research in agricultural economics and the rural economy; rural infrastructure financing; microfinance and livelihoods; financial inclusion; institutional development of rural financial institutions; and rural credit planning.

Dr. Roy is the author of a book “Dynamics of Bank Deposits: The Developing States of India” (Social Science Press, New Delhi, 2003/Berghan Books, Oxford & New York), research papers, book chapters, newspaper articles, and policy briefs in the areas of agricultural economics, climate change & agriculture, banking, microfinance, financial inclusion, poverty and human development, and macroeconomic policies.

What’s New

About ERCA


    • Global and Domestic Macroeconomic issues and concerns
    • Roadmap
    • Economic Policy
    • Livelihood
    • Climate Change
    • Renewable Energy
    • Books
    • Economic Research Reports
    •  Policy Papers
    • Policy Briefs
    • Government Ministries
    • Financial Institutions
    • Research Institutions

Economic Policy Research

  • Policy Research and Analysis
    • Global and Indian macroeconomic policy issues, concerns and roadmap
    • Monetary and fiscal policies
    • Financial sector reforms
    • Agricultural development
    • Industrial sector reforms
    • International trade
    • FDI policies
  • Growth and Structural Transformation
    • Agricultural and rural economy
    • MSMEs
    • Banks and financial institutions
  • Economics of Climate Change
    • Climate change and agriculture
    • Climate change policy and law

Consultancy and Advisory Services on Economic Policy

  • Economic feasibility studies and potential surveys
    • Agriculture (agri-business, agri-value chains, agri-infrastructure, agri-exports, etc.)
    • Food security
    • Financial inclusion
    • Livelihoods
    • Women empowerment
    • Climate change adaptation and mitigation in the agriculture sector
    • MSMEs
  • Detailed project formulation
    •  Agriculture and allied sector
    •  Livelihoods
    • MSME
    • Financial sectors
  • Sectoral studies and Perspective plans
    •  Agriculture & allied (agri-business, agri-exports, agri-value-chains, agri-infrastructure, horticulture, dairy, etc.)
    •  MSME
    • Corporate and financial sectors
  • Public policy advisory services
    • Agri-business
    • MSME
    • Corporate and financial sectors
  • Environment, Social and Governance (ESG) and Corporate Social Responsibility
    • Sustainability Reporting services for corporates and financial institutions


  • Research Reports
  • Policy Papers
  • Policy Briefs
  • Books


  • Government departments
  • Regulatory institutions
  • Banks and financial institutions
  • Development organizations
  • Research institutions
  • Universities
  • Industry associations
  • Consultancies
  • Think tanks
  • Corporate entities