An autonomous research institute under the Ministry of Finance

 

INTERVIEW: Economist Kavita Rao says 4.5% fisc aim may shift to FY27

27/01/2023

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Interview by Kavita Rao, Director NIPFP, given to Informist Media Pvt. Ltd. New Delhi, on January 20, 2023.

 

By Priyasmita Dutta and Krity Ambey

 

NEW DELHI – While staying the course on fiscal consolidation will be a priority for the upcoming Union …

Budget 2023 must target fiscal consolidation while supporting specific sectors: NIPFP’s Pandey

27/01/2023

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Given the uncertain global environment, Finance Minister Nirmala Sitharaman also needs to focus on capex, as also on labour-intensive manufacturing.
 
India’s central government must aim to lower its fiscal deficit gradually while taking measures to tackle sector-specific issues in the upcoming budget for 2023-2024, according …

NBFCs: A deeper look

25/01/2023

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(Co-authored with Pramod Sinha and Radhika Pandey)
 
Banks and Non-bank financial companies (NBFCs) form an integral part of the financial sector. In recent times, banks have seen robust growth in demand for credit, improved asset quality, record profits, strong capital and comfortable liquidity buffers. The Gross …

The New Money Challenge

23/01/2023

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(Co-authored with V. Ramya Rajasri Kumar)
 
On Monday, 12th of December 2022, founder of the collapsed crypto exchange FTX, Sam Bankman-Fried was arrested in the Bahamas. FTX crashed almost overnight after failing to meet a run on deposits, throwing the crypto industry into its latest crisis. …

Budget must keep fiscal policy accommodative; consolidate without affecting recovery: Lekha Chakraborty

19/01/2023

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Fiscal consolidation through tax buoyancy rather than expenditure compression will be a relatively less painful path towards economic growth recovery, according to Lekha Chakraborty.
 
The Union government must keep the fiscal policy accommodative to support growth recovery amid an uncertain global situation and monetary tightening, …