An autonomous research institute under the Ministry of Finance

 

Fiscal Consolidation, Budget Deficits and the Macro Economy

04/10/2017

blog author image
For close to twenty five years now the fiscal deficit has had a central place in the economic policy of the central government in India. In particular, as Lekha Chakraborty in her book titled, Fiscal Consolidation, Budget Deficits and the Macro Economy puts it “fiscal consolidation has become the …

What’s a Shell Company?

06/09/2017

blog author image
Shell companies are known to be misused by individuals and companies for the purpose of avoiding taxes as well as to launder money. Investigations reveal that shell companies are amorphous entities. Learning from the experience during demonetisation, large number of shell companies allowed the laundering of cash by …

Cost of compliance for clinical establishments

04/09/2017

blog author image

[Co-authored with Manya Nayar]

 

The Clinical Establishments (Registration and Regulation) Act, 2010 (Clinical Establishments Act) is facing resistance from the medical fraternity. The Indian Medical Association claims that the law will cause an increase in the cost of treatment and adversely affect small …


Environmental Federalism: A Roadmap for Climate Responsive Budgeting (CRB) in India

18/07/2017

blog author image

[Co-authored with Amandeep Kaur]

 

A climate responsive budgeting (CRB) for both adaptation and mitigation is a dynamic process in environmental federalism.* A promising framework for CRB has been evolving within the purview of the Public Financial Management (PFM) over the years across selected …


Issues with the regulation of Information Utilities

13/07/2017

blog author image

[Co-authored with Prasanth Regy, Renuka Sane, Anjali Sharma, and Shivangi Tyagi]

 

The Insolvency and Bankruptcy Code, 2016 (IBC) provides for the speedy resolution of insolvency. The process described in IBC hinges on the assumption that information will be easily accessible to the parties involved. …