An autonomous research institute under the Ministry of Finance


Book review

Fiscal Consolidation, Budget Deficits and the Macro Economy


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The 2016 book titled “Fiscal Consolidation, Budget Deficits and the Macro Economy”, by Lekha Chakraborty,  is a welcome addition to the growing literature that deals with fiscal policy in specific countries, focusing on the longer run and on fiscal consolidation, rather than on a short run and countercyclical perspective. The ...

Empire and extraction


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Indian history has been well documented by great writers like Dadabhai Naoroji, Romesh Chander Dutt, Jawaharlal Nehru and others.  Shashi Tharoor has turned the same material into a gripping page turner. With his characteristic wit, biting sarcasm and gifted writing, he has produced a bestseller that will re-ignite thinking and ...