An autonomous research institute under the Ministry of Finance


Ongoing projects

Agreement to provide Expert Assistance in Performance Audit of Hospital Management System in Uttar Pradesh

  • Sponsor CAG
  • Project leader Ajay Shah
  • Consultants/Other authors Shubho Roy

Analysis of Public Expenditure Pattern in India

  • Start date Aug., 2015
  • Completion date Sept., 2018
  • Sponsor Partly funded by financial support from Centre for Public Affairs and Critical Theory, Shiv Nadar University
  • Project leader Sudipto Mundle
  • Other faculty Satadru Sikdar
  • Focus

    The purpose of the study is to analyse how the pattern of public expenditure has evolved over time with specific reference to allocation of government expenditure on public goods, merit goods and private goods.

Review of Compliance to Odisha FRBM Act for the Fiscal Year 2015-16

  • Sponsor Government of Odisha
  • Project leader Pratap Ranjan Jena
  • Focus

    The review report contains detailed evaluation of the State finances as projected in the budget for the year 2015-16 and the budget out-turns as reported in the Finance Accounts for the year and the fiscal management principles enunciated in the FRBM Act. The review report assessed the achievements of the State Government while implementing the provisions of FRBM Act.

Research and advisory services for Restructuring and Strengthening of National Council for Vocational Training (NCVT)

  • Start date June, 2017
  • Completion date Oct., 2017
  • Sponsor Ministry of Skill Development & Entrepreneurship (MSDE)
  • Project leader Ajay Shah
  • Consultants/Other authors Anirudh Burman, Suyash Rai and Aditya Singh Rajput
  • Focus
    To help the ministry make decisions about restructuring NCVT as a regulator. This includes decisions and functions of NCVT as well as the governance and processes at NCVT.

Public Expenditure Management in Assam

  • Sponsor Government of Assam
  • Project leader Pratap Ranjan Jena
  • Focus

    The report was part of an overarching study on Assam State Finances. The report analysed Public expenditure management system of Assam including budget management processes and systems, compliance of the Government to various objectives of the fiscal rules, resource management, internal audit and control mechanism, accounting and reporting, and procurement systems. The report suggested reform measures to bring in performance orientation to the budgeting environment, multi-year spending perspective, strengthening fiscal rules, inculcating transparency and hard budget constraint, improving prioritization in spending pattern and improving technical efficiency.