An autonomous research institute under the Ministry of Finance

 

Isolation : A weak link in Indian public health

03/07/2020

NIPFP blog author image
  1. There are four parts to the public health response to an epidemic: 1) Trace, 2) Test, 3) Isolate, and 3) Treat. Once someone is infected, tracing involves identifying, listing and following up with all the people who have come in contact with the infected person to ensure that they do ...

Applicability of the IBC to public sector enterprises: The case of Hindustan Antibiotics Ltd

03/07/2020

NIPFP blog author image
(Co-authored with Sudipto Banerjee and Karthik Suresh)
 
Since the enactment of the Insolvency and Bankruptcy Code (IBC) in 2016, the National Companies Law Tribunal (NCLT) has been admitting insolvency cases against public sector enterprises (for example, the Tamil Nadu Generation and Distribution Co. Ltd., the Northern Power Distribution Co ...

The myth of India’s import dependence

03/07/2020

In the wake of the growing military tension on the India-China border, there have been calls for boycott of Chinese products. These have little impact on strategic reality. Equally, the plea that India cannot afford to do without Chinese imports is not a truism.
 
If bilateral tensions escalate, then ...

Does India’s current system of fiscal transfers undermine the spirit of co-operative federalism?

01/07/2020

NIPFP blog author image

(Co-authored with Atul Sarma)

 
To contain the spread of the coronavirus pandemic, the government imposed a nationwide lockdown starting from March 25. As all economic activity came to a standstill, there was a large-scale disruption of livelihoods, accompanied by the spread of starvation and disease. A measure to address ...

Intuition, not prediction

05/06/2020

There is a difference between an estimate, a projection, and a forecast. Projections extrapolate on past trends. Forecasts are based on an economic model that uses data to forecast future economic magnitudes.
 
The Covid crisis makes “data driven” projections inaccurate, as the past provides zero guidance for the future ...