An autonomous research institute under the Ministry of Finance


Ongoing projects

NIPFP-DEA Research Programme

  • Start date April, 2022
  • Completion date March, 2024
  • Sponsor Department of Economic Affairs, Ministry of Finance
  • Project leader R. Kavita Rao
  • Consultants/Other authors Radhika Pandey, Pramod Sinha, Rachna Sharma, Ashim Kapoor, Ritika Singh, Simran Kaur, Utsav Saksena, Kriti Wattal, Ramya R. Kumar and Anandita Gupta
  • Focus
    The objective of this Memorandum of Understanding is to establish a collaborative work process, between the Department and the Institute, which will enhance capacity at the Department in its tasks of financial and monetary institution building. Providing research and consultancy to the Department on issues related to implementation of Financial Sector Legislative Reforms Commission (FSLRC) recommendations, financial markets including Sovereign Credit Rating, Study of Debt Sustainability, Cryptocurrency-related matters and Payment and Settlement Systems (PSS), Research on potential of internationalization of the Indian currency, framing of rules and regulations of the Resolution Corporation (RC), Comprehensive foreign investment law, and Research assistance for establishment-related aspects of setting up a Financial Data Management Centre.

Stocktaking on management of public investments in selected States

  • Start date March, 2022
  • Completion date Feb., 2024
  • Sponsor World Bank
  • Project leader Supriyo De, Lekha Chakraborty and R Kavita Rao
  • Consultants/Other authors Piyali Das, Seema Maurya, Mayurakshi Mitra, Divya Rudhra
  • Focus

    To help boost growth and productivity Government of India is currently undertaking infrastructure spending on a large scale. These include areas such as housing, water and sanitation, energy, transport and logistics, largely implemented by the States. However, these infrastructure projects face challenges.  To facilitate a comprehensive approach to address these challenges, World Bank along with NIPFP seeks to undertake analytical work related to stocktaking on management of public investments in selected States. With the help of a questionnaire tailored to the Indian context, this project seeks to highlight the good practices and lessons from the States. 

Development of National Policy Framework and Strategy for Implementation of the Kigali Amendment in India

  • Start date Sept., 2022
  • Completion date July, 2023
  • Sponsor Ministry of Environment, Forest and Climate Change
  • Project leader Suranjali Tandon

Improving Budget Execution through Public Financial Management reforms: The Case of National Health Mission

  • Start date Nov., 2022
  • Completion date Dec., 2023
  • Sponsor BMGF under Approaches to Public Financing of Health in India: The Way Forward
  • Project leader Mita Choudhury
  • Consultants/Other authors Chetna Choudhury, Nitya, Khusboo

MoHUA-NIPFP Research Programme: Establishment of Centre for Research in Urban Public Finance (CeRUPF) – to carry out research and create a repository of innovations in urban financing and service delivery in India

  • Start date Nov., 2022
  • Sponsor Ministry of Housing and Urban Affairs
  • Project leader R Kavita Rao
  • Other faculty Manish Gupta, Amey Sapre, Akash Gupta, Niti Gupta, Siraj Yezdani and Soumya Agarwal