The National Institute of Public Finance and Policy (NIPFP) is an autonomous research institute under India's

Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance. Lists of current ministries of finance Named "Ministry" * Ministry of Finance (Afghanistan) * Ministry of Finance and Eco ...

. Based in

New Delhi New Delhi (, , ''Naī Dillī'') is the capital of India and a part of the National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament House ...

, India, the centre conducts research on public finance and contributes to the process of policy-making relating to public finance. The NIPFP also works jointly with the Department of Economic Affairs at the

to research the effects of past economic policy. NIPFP is overseen by a governing board comprising a chairman and representatives from the Ministry of Finance,

Planning Commission of India The Planning Commission was an institution in the Government of India, which formulated India's Five-Year Plans, among other functions. In his first Independence Day speech in 2014, Prime Minister Narendra Modi announced his intention to diss ...

and

Reserve Bank of India The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for ...

Urjit Patel Urjit Patel (born 28 October 1963) is an Indian economist, who formerly served as the 24th Governor of the Reserve Bank of India and also Deputy Governor of Reserve Bank of India, looking after monetary policy, economic research, financial ma ...

is the present chairman and

Pinaki Chakravarty Pinaki,Te Kiekie or Artomix is a small atoll of the Tuamotu group in French Polynesia. Geographically Pinaki Atoll is part of the East-central subgroup of the Tuamotus, which includes Ahunui, Amanu, Fangatau, Hao and Nukutavake. Geography The ...

is the present director of the institute. The previous director was Rathin Roy and chairman was Vijay Kelkar.

Research

*Tax policy and administration, especially in reference to reform in the structure and administration of personal and corporate income tax, customs, excise, sales tax, and state-level and local-leveltaxes, as well as the impact of tax incentives on particular sectors. *State fiscal studies and vision documents. *Public expenditure and subsidies with particular reference to the analysis of trends and structural shifts and its management and control. *Government debt both at the centre and states. *Fiscal federalism, relating to the division of fiscal powers between the centre and states, and state and local governments, problems of inter-jurisdictional spillovers and issues of tax harmonisation. *Rural and urban economics and finance including reform of the finances of urban and rural local bodies and institutions. *Environmental and resource economics, examining the use of fiscal instruments for environmental management and improvement. *Financing social sector expenditure particularly, health and education.

Collaborations and partnerships

The NIPFP maintains close functional links with the Central and State Governments in India, and actively collaborates with bilateral and multilateral donor agencies in pursuing its research and training agenda. It serves as a nodal agency for the State Finance Commissions. It has research partnership arrangements with the Indira Gandhi National Open University, Delhi, International Centre for Taxation and Development, IDS, Sussex, UK, University of Surrey, UK, Columbia University, New York, Australian National University, Canberra, and Hitotsubashi University at Tokyo. The Reserve Bank of India (RBI) has established a professorial chair at NIPFP for advancing research frontiers in the fields of macroeconomic and fiscal policy. The NIPFP faculty members are associated with world-wide research networks and serve as members on national and state-level commissions, professional organisations, and management boards of various institutions.Collaborations and Partnerships

Campus

Spread over an area of 3 acres, the institute is situated near

Jawaharlal Nehru University Jawaharlal Nehru University (JNU) is a public major research university located in New Delhi, India. It was established in 1969 and named after Jawaharlal Nehru, India's first Prime Minister. The university is known for leading faculties and r ...

and the

Indian Institute of Technology The Indian Institutes of Technology (IITs) are central government owned public technical institutes located across India. They are under the ownership of the Ministry of Education of the Government of India. They are governed by the Institu ...

. The campus consists of two academic and an office block, residential quarters, a hostel (guest house).Infrastructure

Library

The three-storied refurbished library houses one of the largest collections of public economics books and reports among all research institutes in the country. It is popular among researchers in the field of public finance owing to its extensive collection of central and state budget documents. The library is centrally air-conditioned with cubicles providing private workspace to the visitors.

Conference facilities

Seminars and conferences are conducted in a state-of-the art auditorium, fitted with overhead projectors, a printable writing board, a public address system, cable/satellite TV connection, and audio and video recording facility, with a capacity to seat more than 60 delegates. The Committee Room and Board Room in the building are used for smaller gatherings.

References

External links

* {{coord missing, Delhi Research institutes in Delhi Public finance Think tanks based in India