An autonomous research institute under the Ministry of Finance


Ongoing projects

Why Determination of Minimum Pay in the Public Sector Should Consider Job Description and Corresponding Employee Profile?

  • Completion date Sept., 2022
  • Sponsor Self-Initiated
  • Project leader Mukesh Kumar Anand
  • Consultants/Other authors Rahul Chakraborty
  • Focus
    The Central Pay Commission determines minimum pay by considering an average (desirable) consumption basket for three person consumption units. However, their approach ignores the minimum requirements as given in the job description at the entry level to evolve a basic profile of the lowest level recruit. The profile of the ‘successful’ recruit then is likely to drift towards the one utilized in the actual pay determination, and not what the job description considers as adequate/ sufficient. In this paper, the desired attributes of the lowest level entrant detailed under ‘qualifications and requirements’ and the consumption expenditure data from the National Sample Survey Office are utilized to reconfigure minimum pay. It is argued that such rationalization in procedures is extremely important, as these procedures impact the build-up of wage expectations and, in turn, impact labour force participation.

Study on Gender-sensitive Budgeting on School Education

  • Start date Dec., 2019
  • Completion date Dec., 2022
  • Sponsor National Coalition for Education
  • Project leader Sukanya Bose
  • Consultants/Other authors Anuradha De (CORD)
  • Focus
    Gender Budgeting (GB) is an analytical tool which scrutinizes the government budget to reveal its gender-differentiated impact and advocate for greater priorities for programmes and schemes to address the gender-based disadvantages faced by women. The objective is to understand the policies and practices on gender budgeting in their application to the school education sector. Do gender budgets exist? If yes, how meaningful are these as a tool for planning and prioritization for education of girls? What is the pattern of education spending on girls as reflected in the budgets? What kinds of  improvements in data are required for a more meaningful GB exercise?

Revisiting the Issues of State Finances in India: Some Empirical Investigations

  • Start date Nov., 2021
  • Completion date Dec., 2022
  • Sponsor Self-Initiated
  • Project leader Bhabesh Hazarika
  • Other faculty Dinesh Kumar Nayak
  • Focus
    The objective of the study is to analyse various issues and implications on state finances.

Public Spending, Governance, and Regional Disparity in Sustainable Development: A District-Level Analysis in Assam

  • Start date March, 2022
  • Completion date Feb., 2024
  • Sponsor Indian Council of Social Science Research
  • Project leader Bhabesh Hazarika
  • Focus
    Among the various axes of inequalities in India, regional disparity has gained importance in recent times. Not only is Assam less developed than other mainstream Indian states, but there are also wide disparities within the state. Assam has been active in terms of Sustainable Development Goals (SDGs) by developing SDG-aligned Vision Documents, adopting customized State Indicator Frameworks, and creating SDG cells and dedicated institutional structures. However, the North Eastern Region (NER) District SDG Index Report and Dashboard 2021-22 reveals that there has been a considerable disparity in the status of SDGs across the districts in Assam. It is, thus, crucial to understand what drives such inter-district divergences – to know why some districts have better outcomes while others have poor SDG achievements. Does an increase in public expenditure directly impact improving SDG outcomes, especially at the district level? What role does good governance play in explaining such variation? The proposed study attempts to analyse the role of public expenditure and quality of governance in explaining the divergence of SDGs achievement across districts, which has important implications for policy prescriptions. This is crucial as the district is the implementing unit when it comes to social sector spending. Moreover, the fiscal space of Assam is weak due to stagnation in revenue. In such a situation, good governance and quality public spending would be critical in bridging the widening developmental gaps.

Impact of Withdrawal of GST Compensation on Revenues of Andhra Pradesh

  • Start date Feb., 2022
  • Completion date April, 2022
  • Sponsor Commercial Taxes Department, Government of Andhra Pradesh
  • Project leader R. Kavita Rao
  • Other faculty Bhabesh Hazarika
  • Consultants/Other authors Ashok Bhakar
  • Focus
    Andhra Pradesh is one of the states that have been experiencing revenue shortfalls on account of GST implementation. Thus, any shock in lieu of withdrawal of GST compensation on revenue collections may have implications for the fiscal management for the state. Similarly, since there have been discussions on the projected nominal growth rate of revenue subsumed for a state during the transition period (fixed at 14 percent per annum), it is unlikely that the rate will continue even if the Union Government decides on extension of GST compensation period. With this background, the present report undertakes a holistic assessment of the possible impacts of withdrawal of GST compensation on revenues of the state. It also throws light on the possible designs of continuation of GST compensation beyond June 2022 reducing the severity of the impact on state finances and burden on the Centre as well as rate rationalization taking into account Andhra Pradesh, in particular.