An autonomous research institute under the Ministry of Finance

 

Budget: Going beyond the GDP

02/02/2023

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(Co-authored with Balamuraly B.)
 
The Union Budget was presented against the backdrop of geopolitical risks and macroeconomic uncertainties of mounting global inflation. The fiscal arithmetic however is grounded on the path towards fiscal consolidation, pegging a fiscal deficit to 5.9 per cent in FY 23 and to 4 ...

Fiscal Policy for Sustainable Development in Asia-Pacific' is an inspiring read on gender budgeting

31/01/2023

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Book Review
 
Lekha Chakraborty, Fiscal Policy for Sustainable Development in Asia Pacific: Gender Budgeting in India, Palgrave Macmillan, 2021.
 
Until recently fiscal policy and government budgets were thought to be matters that had no differential impacts on the lives of women and men.  Dr. Lekha Chakraborty has ...

INTERVIEW: Economist Kavita Rao says 4.5% fisc aim may shift to FY27

27/01/2023

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Interview by Kavita Rao, Director NIPFP, given to Informist Media Pvt. Ltd. New Delhi, on January 20, 2023.

 

By Priyasmita Dutta and Krity Ambey

 

NEW DELHI – While staying the course on fiscal consolidation will be a priority for the upcoming Union Budget, the government may have to ...

Budget 2023 must target fiscal consolidation while supporting specific sectors: NIPFP’s Pandey

27/01/2023

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Given the uncertain global environment, Finance Minister Nirmala Sitharaman also needs to focus on capex, as also on labour-intensive manufacturing.
 
India’s central government must aim to lower its fiscal deficit gradually while taking measures to tackle sector-specific issues in the upcoming budget for 2023-2024, according to Radhika Pandey, Senior ...

NBFCs: A deeper look

25/01/2023

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(Co-authored with Pramod Sinha and Radhika Pandey)
 
Banks and Non-bank financial companies (NBFCs) form an integral part of the financial sector. In recent times, banks have seen robust growth in demand for credit, improved asset quality, record profits, strong capital and comfortable liquidity buffers. The Gross Non Performing Assets ...