An autonomous research institute under the Ministry of Finance

 

Special Category Status: Raising tax transfers to states a good alternative

22/07/2024

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The Special Category states receive special financial assistance and other benefits from the central government due to their unique developmental needs and challenges.
 
The clamour for the ‘Special Category Status’ for Bihar and Andhra Pradesh came back into the spotlight after the Janata Dal (United) …

GENDER KALEIDOSCOPE: Gender Budgeting and it's critical role in Rural Development

22/07/2024

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Interview with Dr Lekha S. Chakraborty 
 
(Professor and Chair, NIPFP NET-Website Committee, National Institute of Public Finance and Policy, New Delhi & Research Faculty Associate, The Levy Economics Institute of Bard College, New York)
 
In the Gender Kaleidoscope segment in Pragati, …


DOING THE MATH: IT'S TAX BUOYANCY THAT SHRANK THE DEFICIT

06/05/2024

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Against the backdrop of geopolitical uncertainties and war, the finance minister has strictly adhered to the macroeconomic stabilization function of the government in the interim budget 2024, with fiscal deficit-to-Gross Domestic Prod- uct (GDP) ratio pegged at 5.1% in FY25. She announced that the revised estimate of fiscal deficit-GDP …

The uses of running a deficit

06/05/2024

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GROWTH STRATEGY. An interplay of fiscal and monetary policy would be needed to serve developmental goals.

 

The predominant narrative of the Interim Budget 2024 is the macroeconomic stabilisation function of a government in times of poly-crisis. The Finance Minister has reiterated that the fiscal consolidation …