The Department of Revenue (DoR) has asked NIPFP to conduct Third-party Transparency Audits of 78 public authorities under the Department. So far, NIPFP has undertaken the assignment for 2023-24. 

The project involves preparing training modules on public financial management and local government finances.

There is considerable heterogeneity among Indian states in terms of economic growth and human development. This study attempts to identify the class of factors explaining this heterogeneity such as initial condition, capital stock, physical infrastructure, quality and level of social infrastructure and quality of governance.

To what extent do frequent elections impact the implementation of projects and schemes? Can these be quantified to ascertain the likely “loss” for the country? The study aims to assess the impact of frequent elections on the implementation of ongoing schemes. The implementation of the MCC and its undeniable impact on policy actions and freeze on any type of new or fresh expenditures. Simultaneously, the induction of a very large number of government staff for election duty impacts both normal revenue collections and implementation of ongoing programmes and schemes. An impending electoral calendar may also tempt the ruling dispensation to announce programmes, schemes and subsidies and/or tax waivers or concessions designed to influence voters. These programmes could be part of the budgetary announcements or post-budget announcements in an election year. Resources for these could be found by implicit reduction in some other expenditure allocations. The impending electoral calendar may lead to an expenditure spree not matched by related outputs or outcomes to favour chosen areas and agents. 

We propose mapping two distinct datasets pertinent to the Indian economy: Gross Value Added (GVA) sourced from the National Account Statistics and corporate income tax data extracted from the Receipt Budget. By implementing a segregated-level analysis, our objective is to uncover the factors shaping effective tax rates at segregated manufacturing sectors. The study finds an inverted-U relationship between effective tax rates and industry size. Additionally, it identifies other determinants such as the statutory rate, governance index and optional tax regime.