This is an umbrella project to study different aspects of health care expenditure in India since the initiation of the National Rural Health Mission (NRHM). So far, four reports have been submitted under this project to the Ministry of Health and Family Welfare. These include two one-time studies: (1) Health Expenditure by the Central Government in India: A State-level Distribution, and (2) Distribution of Public Spending across Health Facilities: A Study of Four States in India. As part of the project, two annual studies are also required to be submitted to the Ministry every year. These include an annual report on estimate of public expenditure on health in India, and a report on selected aspects of NRHM expenditure in two States of India. Annual reports submitted so far include 1) An Estimate of Public Expenditure on Health in India: 2004-05 to 2010-11, and (2) Selected Aspects of NRHM Expenditure at the State-level: A Focus on Rajasthan and Karnataka.

This study examines the impact of tax on enterprise development on three specific themes: (a) The Impact of Tax The Impact of Tax Exemptions and Concessions on Enterprise Development; (b) The Impact of the Value-Added-Tax (VAT) on Enterprise Development; and (c) The Impact of Property Tax on Enterprise Development.

China, Russia, Brazil, South Africa and Indonesia.

The study will prepare a macro-fiscal modelling framework for forecasting and policy simulations keeping in view the issues that need to be addressed by the Finance Commission in the light of the Commission's TOR.

The review report assessed the achievements of the State Government while implementing the provisions of FRBM Act for the year 2012-13, as per the amendments to the Act and in accordance with the recommendations of the 13th Finance Commission.

The project will study issues that evolve in multilateral fora such as G20, BRICS and other multilateral fora and develop a think tank to help the Government of India to understand the various dimensions of the issues and prepare a policy perspective on these issues

The following project papers have been completed under G-20 Project:

1.         Financing for Infrastructure Investment in G-20 Countries, Ramprasad Sengupta, Sacchidananda Mukherjee and Manish Gupta (NIPFP).

2.         Action Plan on Base Erosion and Profit Shifting: An Indian Perspective, R. Kavita Rao, D.P. Sengupta, Suranjali Tandon and Deborshi Brahmachari (NIPFP).

3.         International Coordination in Addressing Spillovers: Problems and Solution Strategies, Ila Patnaik (NIPFP).

4.         Issues of Food Security under WTO: Implications for India, Manmohan Agarwal (NIPFP).

5.         Global Value Chain Implications and Opportunities for India, Manmohan Agarwal (NIPFP).

6.         India’s Policy Options to join the TPP in the Context of its Membership in the RCEP, S.K. Mohanty (RIS).

7.         Deepening Economic Engagement in South Asia: exploring possibility for an expanding partnership, S.K. Mohanty (RIS).

The report was prepared on the basis of the newly enacted FRBM Act in Sikkim. The report was placed in the State Legislature along with the budget for the year 2013-14.

The project focuses on building consensus on reforms of the capital accounts for policy making in an open economy for Government of India. Emerging economies differ from developed countries in terms of consumption pattern, presence of large and segmented informal sector, heterogeneous production technologies, under developed stage of the domestic financial system and at the same time, increasing level of financial market integration. To assess the impact of policy regime shifts on such an economy, modelling these features explicitly in a general equilibrium framework and analysing the short and medium term dynamics of the economy driven by these features are necessary.

Project website: http://macrofinance.nipfp.org.in/index.html

This is the third MOU signed on 7th March 2012 between the NIPFP and the Department of Economic Affairs (DEA), Ministry of Finance, Government of India to undertake the NIPFP-DEA Research Program. The research program aims to provide research input to approach several new challenges that face DEA and the ministry of Finance. The reforms framework as established under several expert committees and as conceived by the Ministry consists of several important critical pieces, the Financial Stability and Development Council ("FSDC") being one of them. Two pillars of financial stability and development not only requires an understanding the Indian macro-economy and its inter-linkages with the rest of the world, but also an analysis and policy reform for the domestic. The research program will address larger questions of fiscal, financial and monetary policy in an open-economy setting, but also provide what is perceived as the indispensable - a research oriented policy support framework for topical issues that are of concern to the Ministry.

the need to protect and conserve forests, wildlife and other bio diversity-- besides restricting the land use choices and thus causing developmental disadvantages --adversely affects the unit cost of providing public services. In the literature these are referred to as "cost disabilities" which arise due to factors exogenous to State control such as difficult terrain, extreme and variable climatic conditions, large areas under forest, cost escalation in terms of time and institutional costs due to legal requirements and federal restrictions, cost mark-ups due to technological and material requirements for meeting specific rules and regulations. (e.g. maintaining wildlife corridors) It is argued that States need to be compensated through additional allocation by incorporating these in inter-governmental grants. This has been done in a number of countries.