Category Center for the Study for Finance and Economics

Charting the Course of Urban Policy in India’s Amrit Kaal

A One-Month Immersive Online Intermediate Certificate Training Course and Online International Autumn School Program on, Contours of the Public Policy in India in the Amrit Kaal was conducted by the Center for the Study of Finance and Economics (CSFE), IMPRI, Impact and Policy Research Institute, New Delhi from September 1 to September 30, 2023.

From Lunar Triumph to Enlightened Minds: A Call to Revise GST on Education & Training Services for Scientific Advancement

In the global quest for excellence, India's strides in scientific and technological advancements have drawn international attention. As the nation strives to ascend to new heights, fostering scientific temper and knowledge acumen becomes paramount. A significant leap towards this goal lies in the rationalization of the Goods and Services Tax (GST) rate on education and training services, with a special focus on scientific and technological education. The current rate of 18% should be revisited and reduced to 5%, facilitating broader knowledge dissemination and innovation across the country.

Off-Budget Borrowing: What it is?

The relevance of understanding the fiscal position of India and its states is always complex as well as interestingly pertinent. Here we will have a closer look at the concept of Off-budget borrowing and its correlated effects on the public finance. The policy insight here mainly discusses about the key idea of extra budget borrowings which is not really discussed across the economic literature though there is a rising relevance in the Indian public finance. We also discuss why government go for the off-budget borrowings from a fundamental axis by looking at some of the examples and case studies in Indian economy with a specific example of the state of Kerala. It also sheds some light on questions like why extra borrowing could be a problem and, if it becomes a threat, what is the generic way out?

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