An autonomous research institute under the Ministry of Finance

 

Budget 2023 has stayed on the fiscal consolidation path

10/03/2023

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(Co-authored with Divy Rangan and Balamuraly B.)
 
Despite the global economic headwinds and geopolitical uncertainties, the fiscal arithmetic looks conservative.
 
The predominant focus of the Union Budget 2023 was to adhere to the path of fiscal consolidation. Despite the global economic headwinds …

Will FM's Budget 2023 enable 'Nari Shakti'?

10/03/2023

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(Co-authored with Balamuraly B.)

 

The FM has rolled out a slew of gender-friendly announcements, but a conscious increase in the public expenditure on soft sectors like health, education and gender will give social infrastructure investment a boost.

 

In Union Budget 2023, gender …


Financing Cities

09/03/2023

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(Co-authored with Balamuraly B.)
 
Against the backdrop of 73rd and 74th Amendment, in 1992, India has institutionalised the structure of local governance with the devolution of functions and finances to the third tier of government. The Urban Local governments (ULB) include municipal corporations, municipal councils and …

Why Kerala’s tax rate hikes appear compelling

09/03/2023

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Given constraints in the fiscal space, resorting to revenue mobilisation is vital.

 

Kerala’s Budget 2023 presented by Finance Minister K.N. Balagopal on February 3, 2023 focused on revenue mobilisation. The narrative of the Kerala State finances has taken a relative transit from focusing on debt …

Nari Shakti: Gender Budgeting for Women-led Development

09/03/2023

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In Union Budget 2023, Finance Minister Smt Nirmala Sitaraman has emphasised on “Nari Shakti” as the harbinger of India’s bright future. As this is the last year before India goes for elections, the government has been focusing on incentivizing the “calculus of consent” through women-led development narratives.