A review of the various primary measures of inflation with a particular reference to the divergence between WPI and CPI. Focus is also given on different secondary (derived) measures of inflation, particularly core inflation, and end the discussion with some thoughts on the way forward. [Speech...

The FRBM Act was reflective of the shared commitment across political parties towards fiscal conservatism. A decade later, the picture, as reflected in the Union Budget, is yet to change for the better. And given the interests that the current Government represents, a real departure from the...

This policy brief aims to summarise evidence and discuss various concerns about charging user fees from a low-income perspective.

The Planning Commission constituted, in September 1989, an 'Expert Group' to consider methodological and computational aspects of estimation of proportion and number of poor in India. [Planning Commission].

The Minister of Railways, D V Sadananda Gowda, presented the Railways Budget 2014 to Parliament on July 8, 2014. In his address, he assessed the performance of Railways in 2013-14 and laid out his budget proposals for 2014-15. The Ministry targets to become the largest freight carrier in the world.

This essay examines the trajectory of India?s fiscal policy with a focus on historical trends, fiscal discipline frameworks, fiscal responses to the global financial crisis and subsequent return to a fiscal consolidation path. [Ministry of Finance WP]....