Nipfp

However, any further escalation on the geopolitical front is likely to add further depreciation pressure on the rupee and bond yields.

From licence-permit raj to globalisation: Economists reflect on Manmohan Singh’s transformational legacy

Singh’s tenure as Finance Minister in 1991 is particularly noted for bold economic reforms during a period of acute financial crisis.

Govt policies need to boost women-led development, say experts

At a panel discussion on ‘We the women - India’s next growth engine’ at the Moneycontrol Policy Next - India’s $10 trillion Run', experts said providing finance to women can be an engine of growth that would drive social change.

Budget must keep fiscal policy accommodative; consolidate without affecting recovery: NIPFP’s Chakraborty

Fiscal consolidation through tax buoyancy rather than expenditure compression will be a relatively less painful path towards economic growth recovery, according to Lekha Chakraborty.

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

Given the uncertain global environment, Finance Minister Nirmala Sitharaman also needs to focus on capex, as also on labour-intensive manufacturing.

Ila Patnaik, former Principal Economic Advisor, to join Aditya Birla Group as Chief Economist

Ila Patnaik previously served with the Finance Ministry and Reserve Bank of India on multiple working groups, and is a published author and researcher on economics.

FRBM panel seeks RBI views, to submit report next month

The government panel set up to review the working of FRBM Act has sought views of the Reserve Bank on the fiscal consolidation path and will submit its report next month.

State FMs to elect new Chmn on Friday;discuss model GST law

The Empowered Committee of State Finance Ministers has to elect the new Chairman as K M Mani has resigned from the post subsequent to stepping down as the Kerala Finance Minister.

Cooling inflation to fuel calls for lower interest rates

With price pressures at record lows, expectations are building that the RBI will lower borrowing costs by at least 25 basis points (bps) at its next policy review on September 29, after three cuts earlier this year.

GST rollout: A race against time

The National Institute of Public Finance and Policy (NIPFP), which has been entrusted with recommending on revenue neutral rates, is likely to file its report soon perhaps by this month-end.

NIPFP reworks revenue neutral rate for GST: Finmin sources

The central sales tax will be subsumed into GST plus the original states rather than manufacturing states will also have the right to levy one percent additional tax in the initial two years.

Govt must step up divestment: NIPFP

The Budget speech is likely to highlight the govt‘s decision to give states a higher share of taxes to reset centre state relations. The govt says the move will help provide an economic lift to states, economists believe the centre will find itself constrained to spend big money to pump prime the economy. Sapna Das spoke with NIPFP Director.

Union Budget 2015: Govt has limited room to ramp up public spending: NIPFP

In an interview to CNBC-TV18, Roy said the Centre needs to rationalise state plan assistance and subsidies sharply in the Budget, besides it also has to mop up revenues by a sharply accelerated disinvestment

India in inflation crisis; not in favour of rate cut: NIPFP

If we want high growth we have got to get inflation down. I feel that the RBI should be held accountable for delivering on low and stable inflation and they need to do more, says Ajay Shah of NIPFP.

Non-tradable inflation remains big worry: NIPFP's Shah

Ajay Shah, Senior Fellow, NIPFP does not seem excited about what is happening in inflation. He believes that India has a long tradition of falling on inflation. “People are factoring in double digit inflation into their lives and it is not going to be easy to purge this inflation,” he said.

Selling diesel to bulk buyers at mkt price to hit glass ind

The railway minister on Wednesday went ahead with an across-the-board hike in railway fares in all classes from midnight of January 21. The possibility of a hike in freight rates also cannot be ruled out after the decision.

India mismanaging its monetary & fiscal policies: NIPFP

Ajay Shah, senior fellow, NIPFP says India is mismanaging its monetary and fiscal policies. "It doesn‘t do any good to monetary policy to try to blame fiscal policy. "

Experts debate: Is diesel, LPG, kerosene price hike next?

The government has a lot on its plate right now – from the freefalling rupee to the twin deficits which are spiraling out of control. But it dealt the biggest blow to the common man today by hiking petrol prices effective from midnight with the steepest ever increase of Rs 7.50 per litre.

Black money probe: Pranab Mukherjee to give details

Finance Minister Pranab Mukherjee is likely to table White Paper on black money in Parliament today, providing information about black money stashed abroad.

There is a real fiscal problem, says Ajay Shah

The Finance Minister sees FY13 fiscal deficit at 5.1%. Ajay Shah, senior fellow at NIPFP says, there is a real fiscal problem and things are getting a bit worse. “Things will get worse, if the economy should slowdown,” he warns.

Oct IIP, Nov inflation and RBI policy: Experts decode all

This week was a heavy one with industrial output data, November inflation and a credit policy. Experts decode all.

Govt borrowing shouldn't affect NREG scheme: Experts

Ashok Jha, former finance secretary and Ajay Shah, senior fellow at NIPFP, in an interview to CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, shared their views on the government borrowing programme.

RBI should continue with interest rate tightening: NIPFP

Ajay Shah, Senior Fellow, National Institute of Public Finance and Policy (NIPFP) believes the movement towards fuel price deregulation is necessary.

If fuel isn't administered, fiscal deficit may rise: PMEAC

In an interview with CNBC-TV18, Govinda Rao, Director of NIPFP and member of the PM's Economic Advisory Council (PMEAC) talks on the inflation quagmire and government's options regarding fuel duty rejig.

Falling growth & rising inflation: Implication for economy

With inflation rising and industrial growth falling is the country caught in what could be a double buying? If it is, which should be the priority and what are the implications for the fiscal deficit target? Experts discuss.