An autonomous research institute under the Ministry of Finance


Ongoing projects

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.

Determining Private Corporate Investment in India: Role of Monetary and Fiscal Policy Stance

  • Start date Nov., 2017
  • Completion date Nov., 2018
  • Sponsor Fordham University, New York
  • Project leader Lekha Chakraborty
  • Other faculty Hrishikesh Vinod (Fordham University)
  • Consultants/Other authors Honey Karun (IMF)
  • Focus

    To analyze the determinants of corporate investment in India, at the aggregate level, incorporating monetary and fiscal policy variables, in India, using maximum entropy ensembles and bootstrapping methodology.

Fiscal Policy, Intergovernmental transfers and Gender Equity : A study of Indian States

  • Start date Dec., 2017
  • Completion date Dec., 2019
  • Sponsor Janet Stotsky, IMF, Washington DC
  • Project leader Lekha Chakraborty
  • Focus

    To empirically analyse the subnational political economy processes and linkages of fiscal transfers and gender equity in India, across all States.

Analysis of Public Expenditure Pattern in India

  • Start date Aug., 2015
  • Completion date Sept., 2018
  • Sponsor Partly funded by financial support from Centre for Public Affairs and Critical Theory, Shiv Nadar University
  • Project leader Sudipto Mundle
  • Other faculty Satadru Sikdar
  • Focus

    The purpose of the study is to analyse how the pattern of public expenditure has evolved over time with specific reference to allocation of government expenditure on public goods, merit goods and private goods.

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.