Provides the Overview to the Report and reviews each of the chapters in the report. The theme of governance in India in the context of commercialisation of infrastructure is introduced and issues raised by the various papers are linked together to present an agenda for reform

The economic slow-down of several States in India including Gujarat during the later half of 90s has caused considerable disturbance in the State's fiscal equilibrium. The fiscal deficit has more than doubled during last five years and government's debt has jumped up from 17 percent of GSDP to...

Gender-responsive budgeting (GRB) is a fiscal innovation. Innovation, for the purposes of this paper, is defined as a way of transforming a new concept into tangible processes, resources, and institutional mechanisms in which a benefit meets identified problems. GRB is a fiscal innovation in...

Public Investments in India have witnessed large delays and cost overruns. The same are estimated and shown to continue to be large, even though they have declined despite many changes in economic policy. What has brought about change in efficiency of overall investments is the sharp decline in...

The study is based on data collected under the project entitled "Tracking change in rural poverty in household and village economies in Eastern India". Data were collected from sample households through panel interview method in four villages namely; Arap, Baghakole, Inai and Susari. The study...

Affirmative action raises the likelihood of getting into college or obtaining a government job for minority groups in India. I study how this change in future prospects affects schooling incentives, and find that minority group students are incentivized to stay in school longer. This approach is...

Gender-responsive budgeting (GRB) is a fiscal innovation. Innovation, for the purposes of this paper, is defined as a way of transforming a new concept into tangible processes, resources, and institutional mechanisms in which a benefit meets identified problems. GRB is a fiscal innovation in...

Gender budgeting is a public financial management (PFM) tool, used to ensure accountability mechanisms. The analysis of "process" indicators of gender-responsive PFM (GRPFM) reveals that India has been successful in integrating a gender lens within the budget cycle, including in the financial...

We propose a mechanism that uses the financial markets to mobilize the resources of a large population of investors, to revive the impaired assets in the real sector in India today. This should also allow the economy to escape from the strangle hold of the “doom loop”, in which the financial...