An autonomous research institute under the Ministry of Finance

 

Ongoing projects

A study on public procurement of pharmaceutical drugs and quality control

  • Start date June, 2020
  • Completion date April, 2021
  • Sponsor Thakur Family Foundation, Inc.
  • Project leader Ila Patnaik
  • Consultants/Other authors Harleen Kaur, Madhur Mehta, Ashim Kapoor, Siddharth Srivastava
  • Focus
    The objectives of the study are: 
    research on Central and state government expenditure on public procurements;
    the procurement process evaluation; 
    the tendering process; 
    blacklisting policies; 
    how India can leverage the public procurement system to improve drug quality across the pharmaceutical industry; 
    whether or not there is a need for a public procurement law specific to the procurement of drugs; 
    profile of national companies which supply drugs to states; 
    Not of Standardised Quality (NSQ) drugs is published by Central Drugs Standard Control Organisation (CDSCO) on the Sugam portal periodically. What role does this information play in procurement process and what actions do agencies take against repeat offenders.
     

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

  • Start date May, 2018
  • Completion date July, 2019
  • Sponsor Comptroller and Auditor General of India (CAG)
  • Project leader Ajay Shah and Ila Patnaik
  • Other faculty Amey Sapre
  • Consultants/Other authors Shubho Roy, Harleen Kaur, Mahima Gupta, Pramod Sinha, Rachna Sharma, Sameer Pethe, Shefali Malhotra, Supriya Krishnan
  • Focus
    NIPFP is the external expert agency for providing consultation and knowledge support to CAG for conducting performance audit on hospital management, Medical Health & Family Welfare Department, and Medical Education and Training Department of Government of Uttar Pradesh. NIPFP's engagement with CAG for the purpose of consulting and support during the audit will be to provide strategic objective development, developing the audit plan, audit execution and analysis.

Revising Manual for Indian Public Finance Statistics

  • Start date Jan., 2020
  • Completion date Aug., 2021
  • Sponsor Department of Economic Affairs, Ministry of Finance
  • Project leader H. K. Amar Nath
  • Other faculty Manish Gupta, Srihari Nayudu
  • Focus
    In view of the recent changes in Central transfers to states, Central support to states’ budgets, tax structures (introduction of GST) and discontinuation of Plans, the contents of Indian Public Finance Statistics (IPFS) need changes. There is a need to discontinue certain sections while others needs restructuring. The study would: 
    examine the chapters/sections/tables which can be discontinued; 
    examine where additional information needs to be included in the context of recent developments;  
    suggest additions or deletion in the existing table formats; and 
    prepare a format and fill in the data for two years.
     

Public Procurement Mechanism in India: Exploring the Alternatives for L1

  • Start date Feb., 2020
  • Completion date June, 2021
  • Sponsor Self-initiated
  • Project leader Bhabesh Hazarika, Ayushi Jain
  • Focus

    The present study focuses on the mechanism of public procurement in India. For many decades, now, the least cost selection (L1) is method has been followed for public procurement in goods, works and services. Various institutions such as the Central Vigilance Commission (CVC), NITI Aayog, FICCI etc. have suggested the need to replace this with a more suitable method which focuses both on technical as well as financial aspects of procurement. This study highlights the issues associated with the public procurement mechanism and suggests quality and cost based selection (QCBS) as an alternative mechanism which is more efficient in every aspect.The present study focuses on the mechanism of public procurement in India. For many decades, now, the least cost selection (L1) is method has been followed for public procurement in goods, works and services. Various institutions such as the Central Vigilance Commission (CVC), NITI Aayog, FICCI etc. have suggested the need to replace this with a more suitable method which focuses both on technical as well as financial aspects of procurement. This study highlights the issues associated with the public procurement mechanism and suggests quality and cost based selection (QCBS) as an alternative mechanism which is more efficient in every aspect.


Macroeconometric Modelling for the Indian Economy (continuation)

  • Start date Feb., 2021
  • Sponsor Self-Initiated
  • Project leader N. R. Bhanumurthy
  • Other faculty Sukanya Bose
  • Focus

    The aim is to find answers to current macroeconomic policy choices, given various external shocks, through policy simulation exercises. Simulations of the impact of external shocks on growth, inflation, external and fiscal balance will be worked out, based on a re-estimation of the NIPFP macro-econometric model, using latest data.  One of the questions of interest is the impact of the FRBM roadmap proposed by the Fifteenth Finance Commission, on macro-outcomes.