The course is designed to provide an overview of the fiscal policy in India and the linkages in inter-governmental finances. It covers basic understanding of fiscal policy instruments, budgets, debt management, and their overlap with monetary policy. Sessions on revenue and expenditure management deal with medium term revenue and expenditure strategy, both at the central and state level. Some sessions cover general issues including on off-budget borrowings, tax reforms, debt sustainability, tools for macro-monitoring and project management, social sector expenditure, pensions and subsidies.  Other sessions focus on contemporary and topical issues of green and gender accounting, regulatory reforms, business cycles and measure of development.  The course is relevant for mid-career officials to get an overview on evolution of good practices for fiscal policy management.

The lecture schedule has been prepared in consultation with senior officials of BOI with the aim of covering the overall macro environment, banking regulations, public funded schemes, PFMS and the banking interface.

The programme aims to strengthen participants’ overview of fiscal policy issues in India and interlinkages in inter-governmental finances.  The course covers basics of fiscal policy instruments, understanding of budgets and debt management. 

NIPFP in collaboration with the Finance Department, Government of Assam is organizing a one week Training and Capacity Building Programme for officials of the State Government of Assam on "Fiscal Policy and Scenarios" from April 25-29 2022.

NIPFP is organising a two-weeks training program for officials of Govt. of Bangladesh from 21st March to 1st April, 2022. Lectures will be held in-person in the classroom (R&T Building)