Major shifts in the policy initiated in the electricity sector are well documented so that the effect of this policy change can be analyzed especially from the point of view of laying down future policies in the power sector. [Report Planning Commission]....

This study investigates the water demand of Indian manufacturing plants. It adopts an input distance function approach and approximates it by a translog form. Duality between cost function and input distance function is exploited to retrieve information concerning substitutability and the shadow...

This week, the finance minister presents a statement to Parliament of how much money the central government expects to raise in the next financial year, and how it will spend that money. The budget speech is also used by the government to propose other policy measures. In this primer the paces...

The Finances of the PRIs are looked into. The role of 13th Finance Commission is explained. Some ‘learnings’ from International experience is given.

The challenge to the tax system to expand both the revenue base and progressively bring into the net larger number of taxpayers remains as daunting as ever. The object is not to ignore the generally beneficial impact of deregulation and tax friendly measures in providing a more conducive...

Budget speech by finance minister of Karnataka

1) Allocating budget to the measure for the real revitalization of Japan to recover Japan’s economy and society 2) Reviewing the existing budget based on the result of evaluation by the Policy Proposing Type Screening 3) Reducing public sector’s waste thoroughly 4) Following the...