The study is a part of the major report of the World Bank, entitled, “India Impact of Fincial Crisis and Opportunity”. The study examines the prevailing fiscal policy challenges in the country in the context of global fincial crisis both in terms of fiscal imbalance and fiscal space and goes on to identify areas of short-term and long-term fiscal reforms.

The objective is to provide a basis for measurement and monitoring of public fincial magement (PFM) performance of the country at union level over time. The PFM assessment of the country at the union level will be carried out using the PEFA Framework (Public Expenditure and Fincial Accountability – World Bank) to prepare a PFM Progress Report showing the rating for each of the performance measurement indicator.

This paper uses a modified tax receipts forecasting model to incorporate GDP growth rate explicitly. The method of obtaining projections is also modified to use actual tax collection patterns in Q3 and Q4.

The study critically assesses the key features of the fincial globalisation process in India.

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This study examined the regiol distribution of central government expenditure taking states as units of distribution to understand whether central expenditure is fiscally equalising. The study also examined whether progressive distribution of resources recommended by successive Fince Commissions have been offset by other forms of transfer and central expenditure.

The objective of the study is to prepare Fiscal Responsibility and Budget Magement Act and also to prepare a Medium Term Fiscal Plan for the state.

The main objective of this research project sponsored by the Planning Commission with UNDP India was to assess the status of human development in India against stated goals (state level/tiol/MDGs), estimate the costs of covering the remaining part, and suggest ways of bridging the fincial resource gap including ways of devising fruitful partnerships between the government and the private sector. The study was to cover eight selected states in greater detail. All the state-level studies (for the states of Tamildu, Madhya Pradesh, Orissa, West Bengal, Rajasthan, Chhattisgarh, Himachal Pradesh, and Maharashtra) have been completed and published as NIPFP monographs.

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This study was undertaken at the behest of the Department of Finance, Government of Jharkhand. The study focuses on the major taxes of the state and seeks to identify measures both in policy, and in the administration of the tax for augmenting the revenue potential and revenue collections of the state. The study refers to the year 2008-09.

It examines the human development challenges for Kerala in the context of Eleventh Plan and suggests reform measures to strengthen the State Plan for human development, taking into consideration the unique development experience of Kerala and its second generation problems of human development.

At the behest of the Thirteenth Fince Commission, the NIPFP undertook this study to assess the untapped potential of property taxation in India. Field data was collected from all metropolitan cities and a few cities in the population range of 500,000 to 1 million. The study gave a number of specific recommendations on tapping the potential and the need to establish state-level bodies to ensure uniformity in the assessment of values of properties.

The study was undertaken at the request of the Empowered Committee of State Fince Ministers to assess the state specific GST tax base and corresponding revenue neutral rates. As a part of this study, statewise possible revenue loss/gain in the event of introduction of GST was also done.

This study has attempted to examine the likely revenue implications of the goods and services tax in Kartaka by estimating the GST tax base for the state by making a realistic assessment of taxable base of service sector for the state of Kartaka.

The project involves preparing a survey article on fiscal federalism in India and identifying areas of reform. The study highlights the policy and institutiol shortcomings in Indian fiscal federalism in terms of the assignment system and intergovernmental transfers. Focus areas include impediments to interl trade and allocative distortions, sources of tax and expenditure inefficiency and multiplicity of transferring agencies, poor structure of incentives, and ibility of the transfer system to offset disabilities of poorer states.

This study attempts to assess the statewise impact of central tax preferences. Since there are a large number of tax preferences, an attempt has been made to assess and allocate the impact of some of the major tax preferences. It is found that if the preferences specifically targeted towards the backward areas are not included, there is a bunching of incentives in higher income states. However, some of this impact is neutralized by the benefits accruing on account of the incentives provided to backward areas.

Sponsored by the Planning Commission, this research work is essentially a status report on the finces of states collectively and individually, with special reference to actual and targeted plan outlays as well as actual vis-à-vis planned resources to fince these outlays. It covers the current decade until the fiscal year 2008-09, and also examines the issues in a disaggregated manner, both by states and by sectors. On the basis of full coverage for Tenth Plan and partial coverage for the Eleventh, it identifies sectors and states with large shortfalls and highlights that at least for the general (non-special) category states, own source resources are the main determint of plan performance.

This study provides an assessment of the impact of the incentive schemes in income tax and excise duty for encouraging investment in backward areas of northern states, such as, Himachal Pradesh, Jammu and Kashmir, and Uttarakhand. The study indicates that there is little to suggest long-term sustaibility of the investment that came in response to the incentive regimes. The underlying constraints like infrastructure bottlenecks in Himachal Pradesh would limit the benefit that the state can derive in the long-run.

Three distinct outputs/papers are prepared on (i) an update on the centre and state finces focusing on key issues; (ii) an alysis of the effectiveness of current subsidy expenditures; and (iii) a critical review of the infrastructure spending in key sectors, and how the Government of India might prioritise at a time when fiscal space is limited.

Making cities and towns “slum-free” and ensuring that no new slum settlements crop up form the centerpiece of the proposed tiol urban poverty reduction strategy. This study, undertaken for the Ministry of Housing and Urban Poverty Alleviation, takes the position that economic growth is central to poverty reduction; however, urban poverty is an outcome not of merely economic, but social, physical, and political processes. Fighting urban poverty and these processes means giving to the urban poor recognition, security, and stability. The study suggests (i) establishment of a 10-year tiol programme for slum renewal and redevelopment; (ii) a safety net for the urban poor, designed to mitigate the possible adverse effect of economic meltdown and of reform measures; and (iii) laying down a policy to bring additiol lands into the urban fold.