An autonomous research institute under the Ministry of Finance


Ongoing projects

Public Financing of Health in India: The Way Forward

  • Start date July, 2017
  • Completion date June, 2020
  • Sponsor Bill and Melinda Gates Foundation
  • Project leader Rathin Roy
  • Other faculty Kavita Rao and other members of tax team, Mita Choudhury, Shruti Tripathi, Sudhanshu Kumar, Ranjan Kumar Mohanty
  • Consultants/Other authors Sujatha Rao, Jay Dev Dubey, Bidisha Mondal, Arpita Chakraborty, Pallabi Gogoi, Swati Gupta
  • Focus

    This research programme will undertake some of the groundwork required for suggesting an appropriate approach for public financing of health in 4 selected Indian States. The programme will be carried out in three stages. First, it will identify the resource contours within which health financing options will have to be built in the selected States. Secondly, it will analyse the existing nature of government spending on health in the four States, and review experiences with different approaches to public financing of health both in India and abroad. Thirdly, it will derive an understanding of the nature of health systems present in the selected States, and use the insights from the above analysis to outline appropriate policy choices for public financing of health in the four States.

BIOFIN: Mobilising Resources for Biodiversity conservation

  • Start date Dec., 2017
  • Completion date Sept., 2018
  • Sponsor UNDP
  • Project leader Rathin Roy
  • Other faculty Rita Pandey, Renuka Sane and Priya Yadav

Review of Compliance to Odisha FRBM Act for the Fiscal Year 2015-16

  • Sponsor Government of Odisha
  • Project leader Pratap Ranjan Jena
  • Focus

    The review report contains detailed evaluation of the State finances as projected in the budget for the year 2015-16 and the budget out-turns as reported in the Finance Accounts for the year and the fiscal management principles enunciated in the FRBM Act. The review report assessed the achievements of the State Government while implementing the provisions of FRBM Act.

Medium-Term Fiscal Plan for Sikkim: 2017-18 to 2019-20

  • Sponsor Government of Sikkim
  • Project leader Pratap Ranjan Jena
  • Focus

    The report presents the Medium-Term Fiscal Plan (MTFP) for the Government of Sikkim for the year 2017-18 to 2019-20. The MTFP 2017-18 contains the presentation of fiscal policy objectives and projected fiscal targets in the ensuing budget year and two outward years. The report was prepared based on existing macro-fiscal environment and taking into consideration the requirements of the newly enacted FRBM Act in Sikkim. The report projects the fiscal variables for three years including the budget year aligning with the stipulation of the FRBM Act.

Study "Can Monetary Policy pursue Financial Stability in India"

  • Start date May, 2017
  • Completion date April, 2018
  • Sponsor Indian Council of Social Science Research (ICSSR)
  • Project leader Ila Patnaik
  • Other faculty Radhika Pandey and Shalini Mittal
  • Focus

    To investigate the trade-off between price stability and financial stability in India