An autonomous research institute under the Ministry of Finance


Rs 2000 ban by RBI


NIPFP blog author image
As the Rs 2,000 banknote is still a legal tender in India, the likelihood of economic disruptions is comparatively lesser. However, the ease of transactions will be disrupted ex-post to the RBI’s decision to withdraw Rs 2,000 notes. 
The Rs 2,000 denomination banknote was ...

What central banks need to consider when making monetary policy in times of war and crisis


NIPFP blog author image
The central banks' lack of understanding about the non-monetary components of inflation in times of war and crisis, driven by disruptions in supply chains is reflected in its policy to tackle inflation through a series of interest rate hikes.
The US Federal Reserve increased policy rates by 25 basis ...

INTERVIEW_LEKHA S. CHAKRABORTY: Tax buoyancy key to FY26 fiscal aim


blog author image
NEW DELHI – In order to achieve its medium-term fiscal consolidation aim of below 4.5% of GDP by 2025-26 (Apr-Mar), the government needs to increase the tax buoyancy since compression of expenditure would hurt economic growth, says Lekha S. Chakraborty, a professor at the National Institute of Public Finance ...

Fiscal Policy for Sustainable Development in Asia Pacific: Gender Budgeting In India by Lekha Chakraborty


blog author image
The public budget of a country is one of the earliest economic tools that economists and accountants have had available over the years for their theorizing and their analyzing. Public budgets became available when the public accounts of countries could be separated from the private accounts of those who ran ...

Making Gender Budgeting Work


blog author image
Fiscal Policy for Sustainable Development in Asia Pacific: Gender Budgeting In India
Author: Lekha S Chakraborty
Publisher: Palgrave Macmillan
Price: Rs 13,300
At the outset Lekha S Chakraborty makes a significant observation about the role of fiscal transfers to generate a better gender outcome. “While social mores cannot ...