An autonomous research institute under the Ministry of Finance

 

Indian Fiscal Federalism: A Few Empirical Questions

11/04/2019

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The book titled “Indian Fiscal Federalism” co-authored by Y V Reddy and G R Reddy is written from a “practioner’s perspective”. The simplicity of this book is appealing, especially when the content of the book is about a very complex set of rules and games between the Centre and …

Sustainable growth challenge: Dynamics of the Indian growth story

05/04/2019

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Gender gaps in labour force participation rates in India affect the “potential output” and also harm the inclusiveness of the growth process.
 
IMF’s World Economy Outlook recently reported that India’s real GDP growth forecast for FY19 remains at 7.3% while it is relatively higher at …

Looking at budget through ‘gender lens’

05/04/2019

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The announcements for women in a budget are just the tip of the iceberg. An intelligent woman can ask: how much of these announcements are backed by real budgetary allocations?
 
The announcements for women in a budget are just the tip of the iceberg. An …

Fiscal Monetary Co-ordination: insights from Kalecki

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05/04/2019

The coordination of fiscal and monetary policy is a difficult challenge for all economies. Coordinating fiscal and monetary policy involves specifying an analytical framework that is shared by the institutions responsible for these policies, namely, the government and the central bank. Without such a framework there is dissonance about …

Sharp fall in female labour force participation rate is not new, but is critical

05/04/2019

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(Coauthored with Namita Jain)
 
Fewer women working is a big problem but if DeMo is cited as the reason for this, how do you explain an equally sharp fall in FLFPR over long periods in the past?
 
The media attention has been …