National Institute of Public Finance and Policy


The National Institute of Public Finance and Policy is an autonomous research institute under India's Ministry of Finance. Based in New Delhi, India, the centre conducts research on public finance and contributes to the process of policy-making relating to public finance. The NIPFP also works jointly with the Department of Economic Affairs at the Ministry of Finance to research the effects of past economic policy.
NIPFP is overseen by a governing board comprising a chairman and representatives from the Ministry of Finance, Planning Commission of India and Reserve Bank of India. Urjit Patel is the present chairman and Rathin Roy is the present director of the institute. The previous director was M. Govinda Rao and chairman was Vijay Kelkar.

Research

The NIPFP maintains close functional links with the Central and State Governments in India, and actively collaborates with bilateral and multilateral donor agencies in pursuing its research and training agenda. It serves as a nodal agency for the State Finance Commissions. It has research partnership arrangements with the Indira Gandhi National Open University, Delhi, International Centre for Taxation and Development, IDS, Sussex, UK, University of Surrey, UK, Columbia University, New York, Australian National University, Canberra, and Hitotsubashi University at Tokyo. The Reserve Bank of India has established a professorial chair at NIPFP for advancing research frontiers in the fields of macroeconomic and fiscal policy. The NIPFP faculty members are associated with world-wide research networks and serve as members on national and state-level commissions, professional organisations, and management boards of various institutions.

Campus

Spread over an area of 3 acres, the institute is situated near Jawaharlal Nehru University and the Indian Institute of Technology. The campus consists of two academic and an office block, residential quarters, a hostel.

Library

The three-storied refurbished library houses one of the largest collections of public economics books and reports among all research institutes in the country. It is popular among researchers in the field of public finance owing to its extensive collection of central and state budget documents. The library is centrally air-conditioned with cubicles providing private workspace to the visitors.

Conference facilities

Seminars and conferences are conducted in a state-of-the art auditorium, fitted with overhead projectors, a printable writing board, a public address system, cable/satellite TV connection, and audio and video recording facility, with a capacity to seat more than 60 delegates. The Committee Room and Board Room in the building are used for smaller gatherings.