An autonomous research institute under the Ministry of Finance

 

Why we need to debate the Old Pension Scheme

05/04/2023

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(Co-authored with Balamuraly B and Lekha Chakraborty)
 
OPS  raises concerns about fiscal sustainability and intergenerational inequities.
 
In the post-pandemic fiscal strategy of State finances, the fiscal risks emanating from revenue uncertainties, high percentage of committed spending and increasing subsidy burden have a crucial significance for long-term fiscal sustainability. The ...

Understanding goods and services inflation in India

05/04/2023

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(Co-authored with Pramod Sinha and Rachna Sharma)
 
Background
 
In recent months, there has been a growing concern around elevated services inflation. In the US, while the falling goods inflation has helped pull down the overall inflation, the pace of price increases among services has remained high. These patterns ...