An autonomous research institute under the Ministry of Finance

 

A missed opportunity

08/09/2020

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(Co-authored with Rishab Bailey)
 
The Gopalakrishnan Committee Report does not adequately address governance frameworks around government data sets
 
The Committee of Experts on the Non-Personal Data Governance Framework has recommended in their report, among other things, making privately held non-personal data “open”. The objective is to make such ...

An Augmented Flexible Inflation Targeting Framework for India with an Unconventional Fiscal-Monetary Coordination Strategy

07/09/2020

1. The Context
 
The inflation targeting framework adopted in India in 2016 is coming up for review in 2021. Critiques of this framework have argued that there are a number of reasons why some aspects of this framework needs to be changed. These include the inappropriateness of the current ...

Subsidies, merit goods, and fiscal space: An aspect of public expenditure in India - I

04/09/2020

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(Co-authored with Satadru Sikdar)
 
Large fiscal deficits and even larger public-sector borrowing requirements are a regular feature of the fiscal landscape in India. In this context, this article argues that rationalisation of the prevailing large volume of non-merit subsidies should constitute a major component of deep fiscal reforms. Doing ...