वित्त मंत्रालय के तहत एक स्वायत्त अनुसंधान संस्थान

 

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 Nagar panchayats, which ...

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 financing to revenue ...

Regional variation in complaints and resolution

09/03/2023

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(Co-authored with Vimal Balasubramanium, Aishwarya Gawali, Nancy Gupta and Srishti Sharma)
 
In previous articles, we examined the extent of grievances and redress for various financial products in the financial market landscape, specifically for banking and pensions. We also evaluated whether grievance redress mechanisms worked and what was the impact ...

Gender and the financial grievance redress system

09/03/2023

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(Co-authored with Vimal Balasubramanium, Aishwarya Gawali, Nancy Gupta and Srishti Sharma)
 
Background
 
India already suffers from the problem of low financial literacy. This problem, however, is compounded for women who have even lower financial literacy compared to men.
 
Additionally, there is evidence to suggest that structural and individual ...

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. 
 
It ...