An autonomous research institute under the Ministry of Finance


Exploring Possible Reasons for GST Revenue Shortfall


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In the 25th meeting of GST Council, concerns are raised over shortfall in GST revenue collection. Mismatch of Rs. 34,000 Crore tax liabilities reported in GSTR-1 and GSTR-3B took the centre stage of discussion on GST during last week. The shortfall in GST revenue collection may be due ...


Financial Protection through the National Health Protection Scheme (NHPS): How Much Can it Cover?


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[Co-authored with Arpita Chakraborty and Jay Dev Dubey]

Following the Union Budget 2018, the NITI Aayog announced that the fiscal burden on the Government for the National Health Protection Scheme (NHPS) is likely to be around 10-12 thousand crores. This is based on the premise that the annual insurance ...

Cess Collection and Spending: A Brief Review on the Basis of Union Budget 2018-19


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In the Union budget 2018-19, the government has not made any change in income tax rate, but has made substantial changes in cess types and rates. During the financial year 2017-18, the Union Government abolished more than 20 types of cess and introduced GST compensation cess. In the current budget ...

Analysing the National Medical Commission Bill, 2017


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[Co-authored with Shefali Malhotra]


The Parliament referred the National Medical Commission Bill, 2017 (NMC Bill) to the Standing Committee on 2 January, 2018. This is the thirteenth legislative attempt (bills and amendments) to reform the Medical Council of India (MCI). Due to concerns about its functioning, the MCI ...

The National Health Protection Scheme in the Union Budget 2018: Is it in the Right Direction?


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The National Health Protection Scheme (NHPS), described by the Finance Minister (FM) as ‘the largest Government funded health care programme in the world’, was a centre piece of the 2018-19 Union Budget. This is, however, not a new announcement. The NHPS was announced by the FM in his budget speech ...