An autonomous research institute under the Ministry of Finance


Ongoing projects

Financial Globalisation and Economic Growth: An Empirical Investigation for South Asia

  • Sponsor ICSSR
  • Project leader N.R. Bhanumurthy

Biodiversity Finance Initiative under Natural Resource Management Project

  • Start date Oct., 2015
  • Completion date Oct., 2017
  • Sponsor UNDP
  • Project leader Rathin Roy
  • Other faculty Rita Pandey, Manish Gupta
  • Focus

    BIOFIN aims to develop a methodology for quantifying the biodiversity finance gap at national level, for improving cost-effectiveness through mainstreaming of biodiversity into national development and sectoral planning, and for developing comprehensive national resource mobilization strategies. BIOFIN will feed into the development of NBSAPs, while the NBSAP projects in turn will provide a platform for integration into decision-making processes.

Sikkim State Finances: Implications of the award of the Fourteenth Finance Commission

  • Start date March, 2016
  • Sponsor Government of Sikkim
  • Project leader Pinaki Chakraborty

Comprehensive Study of Assam State Finances to Recommend 10 years Perspective Planning and Concomitant Changes in the Public Finance Management

  • Sponsor Government of Assam
  • Project leader Rathin Roy
  • Other faculty Kavita Rao, Pinaki Chakraborty, N.R. Bhanumurthy, Pratap Ranjan Jena, Sacchidananda Mukherjee, H.K. Amarnath, Manish Gupta
  • Focus

    1. Study the trend of revenue of generation and suggest measure to augment the resources in the light of new policy of Central Government after advent of NITI Aayog and post 14th FC award; 2. Study and recommend to the State government on how to reduce wasteful expenditure and plug loopholes and leakages, how to raise revenues etc.; 3. Study the pattern of expenditure and suggest measures for Public expenditure reforms.; 4. Study the current status of various decentralisation initiatives (including transfers made to Rural, urban local bodies, VIIth Schedule areas, development and autonomous councils); 5. Study the impact of state-level public sector enterprises on their finances and, measures taken for improving their performance; 6. Study the impact of power sector reforms on state finances and suggest measures for sustained development.; 7. Analysis of contingent liabilities; 8. Evaluation and targeting of subsidies by the states; 9. Submit the 10 year perspective plan from 2016 to 2026 along with the structural and institutional reforms in public finance in the State.  

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India-LINK Model

  • Sponsor Multiple Agencies
  • Project leader N.R. Bhanumurthy
  • Focus

    This is an on-going collaboration with Delhi School of Economics, under which annual macroeconomic forecasts are provided to the UN-DESA, New York.