Macro/Finance Group: Policy

Ongoing Policy work

Committee on Digital Payments, Ministry of Finance
Government has constituted a Committee to review the framework related to digital payments under the chairmanship of Shri Ratan P. Watal, Principal Advisor, Niti Aayog. The Committee shall review the payment systems in the country and recommend appropriate measures for encouraging digital payments. NIPFP-DEA program at the National Institute of Public Finance & Policy shall be the technical and research secretariat. (August 23, 2016)

Financial Sector Legislative Reforms Commission, Government of India
The FSLRC has been given the mandate of rethinking and rewriting the entire gamut of Indian financial sector laws. The Macro/Finance Group at NIPFP will provide research services on an ongoing basis to the Commission. The NIPFP will provide economic, policy and legal inputs to the FSLRC on a wide range of issues like capital control laws, securities regulation etc.

NIPFP-UIDAI program on Financial Inclusion, Unique Identification Authority of India
NIPFP is collaborating on a research program with the UIDAI to improve knowledge through original research on public policy challenges to UIDAI in expanding financial inclusion in India. This includes, understanding the interface between the banking system, payments system, and challenges with the present regulatory framework for financial inclusion. The research program will primarily provide policy advice in the design of the framework for financial inclusion by the UIDAI.

Setting up an Innovation fund for Drug Innovation in India, Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers
NIPFP is the nodal institution for the Department of Pharmaceuticals to provide policy advice on Setting up an innovation fund for the Pharmaceutical industry in India. NIPFP will also be involved closely in the entire process of preparation of a feasibility report on the establishment of an Indian Pharma Innovation Venture Fund for Drug Design, Discovery and Development.

Past Policy work

Committee on mis-selling and distribution incentives Department of Economic Affairs,
Ministry of Finance
Nov 2014 -- Aug 2015
NIPFP-DEA Research Program Department of Economic Affairs,
Ministry of Finance
Aug 2007 --May 2011
Committee on Price Statistics Central Statistical Organisation Nov 2010 -- Apr 2011
Working Group on Foreign Investment Department of Economic Affairs,
Ministry of Finance
Nov 2009 -- Jun 2010
Harnessing the India Post Network for Financial Inclusion Department of Posts,
Ministry of Communications, Posts and Telegraphs
Jun 2009 -- Jun 2010
Report of the Internal Working Group on Debt Management Department of Economic Affairs,
Ministry of Finance
Jun 2008 -- Oct 2008
Mumbai as an international financial centre Ministry of Finance Feb 2006 -- Feb 2007