An autonomous research institute under the Ministry of Finance


Fiscal Space before the New Government in Karnataka


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(Coauthored with Lekha Chakraborty and MD Azharuddin Khan)
Karnataka is the first state in the country to have introduced a fiscal rules framework, even before the central government had enacted the Fiscal Responsibility and Budget Management (FRBM) Act, 2003. The Karnataka Fiscal Responsibility Act (KFRA) was enacted in 2002 ...

India needs a ‘care economy’ policy


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The ‘care economy’ is statistically invisible. No effective macro policy coherence is there to ensure and support care economy in India. More often, women as primary caregivers leave the job market to perform the responsibilities, at the peak of their career. This, in turn, can affect economic growth of the ...