The Reserve Bank of India released today two studies - “Introducing Expenditure Quality in Intergovernmental Transfers: A triple-E Framework” and "An Outline of Post 2009 FRBM Fiscal Architecture of the Union Government in the Medium Term" relating to the terms of reference of the Thirteenth Finance Commission. The first study entitled “Introducing Expenditure Quality in Intergovernmental Transfers: A triple-E Framework” is co-authored by Prof. Mala Lalvani, Departmen

A Reserve Bank of India study, released today - "Strengthening Decentralisation - Augmenting the Consolidated fund of the States by the Thirteenth Finance Commission: A Normative Approach" relates to the terms of reference of the Thirteenth Finance Commission. The authors of the Study Shri Abhay Pethe, University of Mumbai along with research staff members from the Reserve Bank (Shri B.M. Misra, Adviser, DEAP and Kum. Rakhe P.B., Research Officer, DEAP) opine that the

[Note: Development Research Group (DRG) is constituted in the Reserve Bank's Department of Economic Analysis and Policy for undertaking effective policy-oriented research backed by strong analytical and empirical basis on subjects of current interests. The views expressed in these studies are those of the authors and do not reflect the views of the Reserve Bank]The Reserve Bank of India today published a Study entitled ‘Agricultural Growth in India since 1991’. The St

[Note: DRG is constituted in the Reserve Bank's Department of Economic Analysis and Policy for undertaking effective policy-oriented research backed by strong analytical and empirical basis on subjects of current interests. The views expressed in these studies are those of the authors and do not reflect the views of the Reserve Bank] The Reserve Bank of India (RBI) today published a Study entitled "Municipal Finance in India – An Assessment". The Study is co-authored

The Reserve Bank of India has today published a study titled "Transmission of Monetary Policy and the Bank Lending Channel: Analysis and Evidence for India" co-authored by Prof. B.L.Pandit of Delhi School of Economics along with three internal team members under the aegis of the Development Research Group (DRG). The study attempts to characterise the process of monetary policy transmission in India and crystalise the role of bank lending channel, employing both publis

The Development Research Group (DRG) of the Reserve Bank of India has published a Study entitled "Interest Rate Modelling and Forecasting in India", the twenty-fourth in the DRG Study Series. The Study is authored by Dr. Pami Dua of the Delhi School of Economics and Smt. Nishita Raje and Dr. Satyananda Sahoo of the Department of Economic Analysis and Policy of the Reserve Bank. DRG Study Series have an accent on policy-oriented research. The studies are released for w