An autonomous research institute under the Ministry of Finance


Ongoing projects

The Review of Compliance of the Government of Sikkim to the FRBM Act 2015-16

  • Sponsor Government of Sikkim
  • Project leader Pratap Ranjan Jena

2017-18 Evaluation of Governance Parameters of Pradhan Mantri Awaas Yojana-Gramin (PMAY-G)

  • Start date Dec., 2017
  • Completion date Sept., 2018
  • Sponsor Ministry of Rural Development, Government of India
  • Project leader N. R. Bhanumurthy and H.K. Amarnath
  • Other faculty Bhabesh Hazarika
  • Consultants/Other authors Krishna Sharma, Tanvi Bramhe and Kanika Gupta

Innovation in Public Finance

  • Sponsor Bill and Melinda Gates Foundation (BMGF)
  • Project leader Rathin Roy, Pinaki Chakraborty and R. Kavita Rao
  • Focus

    NIPFP has also undertaken following studies under the above study

    1.   Resource Sharing between Centre and States; and Allocation across States: Principles and Trends

    2.  Fiscal Implications of Introduction of Goods and Service Tax

    3.  Overview of State Finance Commission Reports

    4.  Quantitative Evaluation of the Effects of the Fourteenth Finance commission: Effect on Growth and Fiscal Outcomes of the Centre and the States

    5.  Tax experiment to assess responses of taxpayers to audit and penalty if past evasions can be detected

    6.  Survey of taxpayers to assess attitudes of towards tax policy and compliance

    7.  Explore the possibility an utility of a negative income tax

    8.  Identifying ways for states to improve their revenue performance in non-GST taxes and restructure GST administration


Study "Can Monetary Policy pursue Financial Stability in India"

  • Start date May, 2017
  • Completion date April, 2018
  • Sponsor Indian Council of Social Science Research (ICSSR)
  • Project leader Ila Patnaik
  • Other faculty Radhika Pandey and Shalini Mittal
  • Focus

    To investigate the trade-off between price stability and financial stability in India 

BIOFIN: Mobilising Resources for Biodiversity conservation

  • Start date Dec., 2017
  • Completion date Sept., 2018
  • Sponsor UNDP
  • Project leader Rathin Roy
  • Other faculty Rita Pandey, Renuka Sane and Priya Yadav