Gender budget is an analytical tool which scrutinizes the government budget to reveal its gender-differentiated impact and advocate for greater priorities for programmes and schemes to address the gender-based disadvantages that women face. The objective is to understand the policies and practices on gender budgeting in their application to the school education sector.  Do gender budgets exist? If yes, how meaningful are these as a tool for planning and prioritisation for education of girls? What is the pattern of education spending on girls as reflected in the budgets? What kind of improvements in data are required for a more meaningful gender budgeting exercise? 

Post pandemic budget management requires securing and using resources effectively, efficiently and transparently, given the prevailing economic distress and revenue shortfall.  Failure to implement the budgets as planned may result in the shifting of spending priorities, exceeding of deficit targets, and compromising on critical service delivery promises. This issue has become more important as a deepening economic slowdown has put government finances under stress. This paper assesses the budget credibility of states in India to explain their ability to implement planned activities and respond to fiscal stress. It also focuses on strengthening the institutional framework to utilize fiscal instruments optimally for better service delivery and development.

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.

The choice of capital and investment decisions by corporations depend on the different treatment of debt and equity. This project provides a detailed review of tax treatment of instruments and its impact on the economy.

The project involves a detailed review of the international tax dispute resolution mechanisms in India and an international comparison of best practices to find ways to improve the dispute resolution system in India.

The report was part of an overarching study on Assam State Finances. The report analysed Public expenditure management system of Assam including budget management processes and systems, compliance of the Government to various objectives of the fiscal rules, resource management, internal audit and control mechanism, accounting and reporting, and procurement systems. The report suggested reform measures to bring in performance orientation to the budgeting environment, multi-year spending perspective, strengthening fiscal rules, inculcating transparency and hard budget constraint, improving prioritization in spending pattern and improving technical efficiency. 

The Central Government initiated a country-wide health insurance scheme for the bottom 40 per cent of population through the Pradhan Mantri Jan Arogya Yojana (PMJAY). This flagship scheme is expected to attract a significant amount of public spending in the next couple of years. We examine the accessibility to the scheme and claims in the first three years to highlight the emerging contours and their implications for the fiscal burden as well as the effectiveness of public spending on the scheme. 

The NIPFP study analysed the financing of adaptation in India for MoEFCC, GoI. The study examined the total amount of spending done by the Union Government on adaptation mechanisms to combat climate change for the year 2022-23 FY. 

A number of studies have highlighted the methodological concerns with the new base year GDP series and discussed the discordant trends in the growth estimates arrived at using the two base year series. There is relatively scarce literature on attempting to arrive at an estimate of growth using the annual financial statements of firms. This could give us insights on the growth story. This study proposes to analyse the annual financial statements of firms in the manufacturing sector to generate growth estimates based on gross value addition (GVA), a key metric to measure economic growth.