An autonomous research institute under the Ministry of Finance


Ongoing projects

Fiscal sustainability Analysis

  • Start date April, 2021
  • Completion date Dec., 2022
  • Sponsor World Bank
  • Project leader Pinaki Chakraborty
  • Other faculty Manish Gupta
  • Consultants/Other authors Smriti Mehra

Transparency Audit for the Department of Revenue, Ministry of Finance

  • Start date Dec., 2019
  • Completion date Dec., 2022
  • Sponsor Central Information Commission, Government of India, New Delhi
  • Project leader Sacchidananda Mukherjee
  • Consultants/Other authors Shivani Badola and Vibha Kumari
  • Focus

    Section 4(1) of the Right to Information (RTI) Act, 2005 requires every public authority to make suo moto disclosure of information of the nature listed under sub-section (1)(b). The government departments are also required to analyse information which is sought most often by the RTI applicants and provide it on their website as suo moto disclosure. In pursuance of this provision, the Department of Personnel and Training has further directed that each ministry/ public authority should get its proactive disclosure package audited under each ministry/ department/public authority every year and submit the findings to the Chief Information Commission (CIC). The CIC has assigned NIPFP the task of conducting third party audits of 78 public authorities under the Department of Revenue, Ministry of Finance. So far, NIPFP has completed the assignment for 2019-20, and since it would be an annual exercise, the Institute will continue the work for the coming years. NIPFP has taken up the work as an autonomous Institute of the Department of Revenue, without any additional payment/ fee etc. 

Post Pandemic Budget Management: Learning from the Experience of Budget Credibility at Sub-national Level

  • Start date March, 2021
  • Completion date Dec., 2022
  • Sponsor NIPFP
  • Project leader Pratap Ranjan Jena
  • Consultants/Other authors Abhishek Singh
  • Focus

    Post pandemic budget management requires securing and using resources effectively, efficiently and transparently, given the prevailing economic distress and revenue shortfall.  Failure to implement the budgets as planned may result in the shifting of spending priorities, exceeding of deficit targets, and compromising on critical service delivery promises. This issue has become more important as a deepening economic slowdown has put government finances under stress. This paper assesses the budget credibility of states in India to explain their ability to implement planned activities and respond to fiscal stress. It also focuses on strengthening the institutional framework to utilize fiscal instruments optimally for better service delivery and development.

NIPFP-DEA Research Programme

  • Start date April, 2021
  • Completion date March, 2022
  • Sponsor Department of Economic Affairs, Ministry of Finance
  • Project leader Ila Patnaik
  • Consultants/Other authors Radhika Pandey, Pramod Sinha, Rachna Sharma, Ganesh Gopalakrishnan, Devendra Damle, Ashim Kapoor, Aruma Khan, Utsav Saksena, Simran Kaur, Ramya Rajasri Kumar, Kriti Wattal, Ritika Singh and Anandita Gupta
  • Focus
    The objective of the programme is to provide research and consultancy to the Department on issues related to implementation of Financial Sector Legislative Reforms Commission (FSLRC) recommendations, financial markets including Sovereign Credit Rating, Study of Debt Sustainability, Cryptocurrency-related matters and Payment & Settlement System (PSS). Research on potential of internationalization of Indian currency, framing of rules and regulations of the Resolution Corporation (RC), comprehensive foreign investment law, and research assistance for establishmentrelated aspects on setting up of Financial Data Management Centre.

Complementing Public Provisioning in Health: Do Public and Private Providers co-exist?

  • Start date Aug., 2021
  • Completion date June, 2022
  • Sponsor BMGF under Approaches to Public Financing of Health in India: The Way Forward
  • Project leader Mita Choudhary
  • Consultants/Other authors Pritam Datta
  • Focus
    The study is trying to analyse the spread of public and private health providers and their coexistence, if any. It provides insights on the potential complementarity between public and private health providers in India.