An autonomous research institute under the Ministry of Finance

 

Sustainable growth challenge: Dynamics of the Indian growth story

05/04/2019

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Gender gaps in labour force participation rates in India affect the “potential output” and also harm the inclusiveness of the growth process.
 
IMF’s World Economy Outlook recently reported that India’s real GDP growth forecast for FY19 remains at 7.3% while it is relatively higher at …

Looking at budget through ‘gender lens’

05/04/2019

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The announcements for women in a budget are just the tip of the iceberg. An intelligent woman can ask: how much of these announcements are backed by real budgetary allocations?
 
The announcements for women in a budget are just the tip of the iceberg. An …

Missing the wood for the trees

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04/04/2019

Several commentators and economists have expressed concerns about the arithmetic underlying the government’s fiscal deficit calculations, spurred by a recent report by the Comptroller and auditor general (CAG). 
 
The report points out that 1) government has not reimbursed the Food Corporation of India and fertiliser companies …

How to analyse budget forecasting errors

04/04/2019

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Volatility in intergovernmental fiscal transfers has had significant impact on the forecasts of public deficits by state governments.

 

Does the ministry of finance produce biased budget forecasts in India? Does the electoral cycle predominantly determine the fiscal behaviour of the Centre? The answers …

Strategy? What Strategy?

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04/04/2019

The Niti Aayog has unveiled its 41 Chapter ‘Strategy for New India @ 75.” I am baffled as to why such a document is produced so late in the lifetime of this government. Still, the intention is welcome; since the abolition of the Planning Commission, there has been no …