An autonomous research institute under the Ministry of Finance


Why Indian States Need to Incorporate Gender Budgeting in Their Fiscal Planning


NIPFP blog author image
Even in a state like Kerala, higher human development indices have not translated into equally solid gender outcomes.
An interesting public policy question that has emerged over the last few years is why high human development indices are not translating into a better ‘gender status’ for Kerala.
The ...

A pandemic is not the time to worry about fiscal deficit


blog author image
(Co-authored with Lekha Chakraborty)
Given that a timely deficit may not have adverse macroeconomic consequences, surviving this pandemic first by enhancing the required spending is crucial
As India reels from a new wave of COVID-19, concerns are being raised about the premature halt to its economic recovery. After ...

An Uneven Recovery


blog author image
(Co-authored with Lekha Chakraborty)
US Recovering faster than emerging economies presents a policy challenge for latter.
With the passage of Joe Biden’s $1.9 trillion coronavirus relief package receiving final backing from the US House of Representatives, the cumulative fiscal stimulus to heal the pandemic-scarred US economy ...

The government must loosen its purse strings


NIPFP blog author image

(Co-authored with Emmanuel Thomas)


Given the limitations of monetary policy, a fiscal push is crucial for sustained growth recovery.
That the Indian economy has managed to exit a “technical recession” to grow at 0.4 per cent in the third quarter is heartening indeed. However, as compared to ...

A gender lens on recovery packages


NIPFP blog author image
Exuberance in financial markets alone is no indicator of recovery. Sans response in terms of gender equality, recovery will be unsustainable
The United Nations Secretary General has called for an emergency pandemic response package, with a threshold of 10% of the GDP. A Policy Support Tool on “How to ...