Macroeconometric Modelling for the Indian Economy

• Start date फ़रवरी., 2021
• Completion date दिसम्बर, 2022
• Sponsor Self-Initiated
• Project leader N. R. Bhanumurthy
• Other faculty Sukanya Bose
• Focus

  The aim is to find answers to current macroeconomic policy choices, given various external shocks, through policy simulation exercises. Simulations of the impact of external shocks on growth, inflation, external and fiscal balance will be worked out, based on a re-estimation of the NIPFP macro-econometric model, using latest data.  One of the questions of interest is the impact of the FRBM roadmap proposed by the Fifteenth Finance Commission, on macro-outcomes.