An autonomous research institute under the Ministry of Finance

 

India’s Economic Resilience: Navigating Economic Growth

09/01/2026

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As India enters 2026, its economy continues to demonstrate remarkable resilience amid a complex global landscape. The latest advance estimates from the National Statistical Office project real GDP growth at 7.4% for FY 2025-26, up from 6.5% in the previous fiscal year.  This robust performance, driven by buoyant services …


Gender Budgeting in the Space Sector: Fiscal policy Rationale and Application

05/01/2026

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(Co-authored with Lekha Chakraborty)

The United Nations Office for Outer Space Affairs’ (UNOOSA) Space4Women Landmark Study (2025) documents a persistent gender imbalance in public space organisations worldwide: with women constituting approximately only 30% of the global workforce in public space agencies, a figure that declines sharply to 19 percent at …


Who are banks lending to?

02/01/2026

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(Co-authored with R. Kavita Rao)

Banks have been a major source of financing for investment and working capital especially for large firms in India. Changing pattern of resource mobilisation for these firms – with a shift in favour of own resources and the bond market – could have some implications …