An autonomous research institute under the Ministry of Finance


Ongoing projects

Macroeconomic Policy Modelling

  • Start date March, 2011
  • Sponsor NITI Aayog, Government of India
  • Project leader Sudipto Mundle
  • Other faculty N.R. Bhanumurthy, Sukanya Bose
  • Consultants/Other authors Parma Devi Adhikari
  • Focus

    This is a continuation of on-going work in further refinement and application of NIPFP-Macro Economic Policy Simulation Model. Under the aegis of the Planning Commission, the NIPFP undertook a macro economic modeling project spread over a five-year period. Under this project, policy simulation studies are done to address different policy questions. The basis of these studies is the NIPFP Macro-economic Policy Simulation Model (NIPFP-MPSM). During 2011-12, three studies were done to address various policy questions that the Planning Commission needed to examine for the preparation of the 12th Plan Approach Paper. These three studies focused on the following questions: i) Effect of high international oil prices on growth and other macro variables; ii) Possibility of achieving 10 per cent growth in the 12th Plan; and iii) Trade-off between growth and current account deficit.

MCA Expert Committee on Auditors MOU between Ministry of Corporate Affairs and NIPFP

  • Start date May, 2018
  • Completion date Aug., 2018
  • Sponsor Ministry of Corporate Affairs (MCA)
  • Project leader Ajay Shah
  • Consultants/Other authors Ashish Aggarwal, Shefali Malhotra, Shubho Roy, Sudipto Banerjee
  • Focus

    The Supreme Court has asked the government to form a three member committee to look at the operations of Multinational Audit Firms (MAFs). NIPFP is the secretariat to the committee

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

  • Start date May, 2018
  • Completion date Sept., 2018
  • Sponsor Comptroller and Auditor General of India (CAG)
  • Project leader Ajay Shah, Ila Patnaik
  • Consultants/Other authors Amey Sapre, Harleen Kaur, Ila Patnaik, Mahima Gupta, Manpreet Singh, Pramod Sinha, Rachna Sharma, Sameer Pethe, Shefali Malhotra, Shubho Roy, 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.

Policy input regarding Digital Object Architecture (DOA)

  • Start date Aug., 2017
  • Completion date Jan., 2018
  • Sponsor Department of Telecommunications (DoT)
  • Project leader Ajay Shah
  • Consultants/Other authors Smriti Parsheera, Vishal Trehan, Sudipto Banerjee
  • Focus

    Study models of implementation of MPA structure in different countries.

Policy research on strategic disinvestment of Central Public Sector Enterprises (CPSEs) and policy analysis on loss making CPSEs (3rd and 4th report)

  • Start date Sept., 2017
  • Completion date Nov., 2017
  • Sponsor National Institution for Transforming India (NITI) Aayog
  • Project leader Ajay Shah
  • Consultants/Other authors Suyash Rai
  • Focus

    Advise on Strategic Disinvestment from Central Public Sector Enterprises (CPSEs) and provide policy analysis on loss making CPSEs.