Madras School of Economics

Ph.D., Economics, Delhi School of Economics, University of Delhi, 1992, recipient of the Reserve Bank of India Fellowship under RBI Endowment Scheme at the Institute of Economic Growth, Delhi.

Research Interests
Public Finance, Applied Econometrics, Developmental Issues, Agricultural Economics, Macro Economics and Banking

Curriculum Vitae [pdf]

Profile

Publications

Teaching

Current Research

Books and Reports

Finance Commission Issues of the Southern States (co-authors ed.), Madras School of Economics, Chennai, 2009, pp. 288.

Government Subsidies in India (co-authors), National Institute of Public Finance and Policy, New Delhi, 1997, pp.161.

Taxation of Goods and Services in India (co-author D K Srivastava), Madras School of Economics, Chennai. The final report was submitted to the Centre State Relations Commission in January, 2010

Coping with Pollution: Eco-taxes in a GST Regime (co-authors), Madras School of Economics, Chennai, Discussion Paper submitted to the Ministry of Environment
and Forests, Government of India, November 2009.

A Macro-Fiscal Modeling Framework for Forecasting and Policy Simulations, (co-authors), Madras School of Economics, Chennai. This study was submitted to the Thirteenth Finance Commission in July 2009.

Review of Trends in Fiscal Transfers in India (co-author D K Srivastava), Madras School of Economics, Chennai. This report was submitted to the Thirteenth Finance Commission, July 2009.

National Urban Poverty Reduction Strategy A Study of Six Cities (co-authors), Madras School of Economics, Chennai. The final report was submitted to Ministry of Housing and Urban Poverty Alleviation, Government of India in July 2009.

Memorandum to the Thirteenth Finance Commission 2009. The Tamil Nadu Memorandum was prepared by a team (D K Srivastava, K R Shanmugam, C Bhujanga Rao and Tamil Nadu Government Officials), and submitted to the Tamil Nadu Government in March 2009.

Fiscal Relations between the Centre and the States: Dependence of States on Devolution of Funds (co-author with D K Srivastava), Madras School of Economics, Chennai. The report was submitted to Centre-State Relations Commission, January 2009.

MDGs-based Poverty Reduction Strategy for Tamil Nadu (co-authors), Madras School of Economics, Chennai. The final report was submitted to IGIDR and UNDP in September 2009.

Feasibility of Incentive Based Environmental Instruments in State and Central Taxation Regimes (co-author), Madras School of Economics, Chennai (mimeo). This study was sponsored by Ministry of Environment and Forests, New Delhi and the report was submitted on 28th March, 2008.

Rural Decentralisation and Participatory Planning for Poverty Reduction (co-authors). This study was sponsored by Planning Commission and UNDP. The final report was submitted in December 2007. The findings where in the form of five reports: Overall Report of Four States, Chhattisgarh State Report, Madhya Pradesh State Report, Orissa State Report, and Rajasthan State Report.

A Study of State Finances (NIPFP). This study was sponsored by the Planning Commission, Government of India. The final findings where submitted in February 2006.

Uttar Pradesh: Reforming the Budgetary System (co-authors). This study was sponsored by the Resource and Expenditure Commission of Uttar Pradesh. The final findings where submitted in November 2005.

Uttar Pradesh: Medium Term Expenditure Policy (co-authors). This study was sponsored by the Resource and Expenditure Commission of Uttar Pradesh. The final findings where submitted in November 2005.

Revised report on Uttar Pradesh: Study of State Finances (co-authors) was submitted at the request of National Council of Applied Economic Research and the Planning Commission in February 2005. This study is part of the Uttar Pradesh Development Report.

India: Fiscal Reforms for Poverty Alleviation (co-authors). This study was sponsored by Canadian International Development Agency. The final findings where submitted in the form of seven papers in March 2004: Approach, Trends and Issues; Sampling Design and Survey Instruments; Case Study of Madhya Pradesh, Case Study of Chhattisgarh; Case Study of Uttar Pradesh; Case Study of Uttaranchal and Summary, Comparative Perspective and Conclusions.

Budgetary Subsidies in India Subsidising Social and Economic Services (co-authors). The Planning Commission, Government of India sponsored this work. The final report was submitted in March 2003.

Assam: Study of State Finances (co-authors). This work was sponsored by the Government of Assam and the report was submitted in February 2002.

Uttar Pradesh: Study of State Finances for Uttar Pradesh Development Report sponsored by the Planning Commission (co-authors). The chapter on Fiscal Component of Uttar Pradesh was carried out at the NIPFP. This report was submitted in March 2002.

External Assistance to India Concessionality and Transmission to States (co-authors), National Institute of Public Finance and Policy, New Delhi. The final report was submitted to the Ministry of Finance in September 2000.

Government Subsidies in India (co-authors), National Institute of Public Finance and Policy, New Delhi. This work was sponsored by Ministry of Finance, Government of India and the final report was submitted in March 1997. Based on this report, a White Paper on Government Subsidies in India was presented to the Parliament on 6.05.1997.

Housing Subsidies in India (co-authors), National Institute of Public Finance and Policy, New Delhi. The Planning Commission, Government of India, sponsored this work and the report was submitted in April 1996.

As India Globalises (co-authors), National Council of Applied Economic Research, New Delhi. This Project was sponsored by ITC and submitted in November 1992.

Prepared a back ground paper for Project LINK along with Professor K Krishnamurty titled Nature of Specification of Agricultural Sub Models in Select Recent Macro Econometric Models for India and Present Data Base, Institute of Economic Growth, Delhi, September, 1992.

Chapters in Edited Books / Reports

“Inter-state Imbalances in Essential Services: Some Perspectives” (co-author) in D.K. Srivastava, K. R. Shanmugam and C. Bhujanga Rao (eds.) Finance Commission Issues of the Southern States, Chennai: Madras School of Economics, 2009, pp. 171-194.

“State Finances” (co-authors) in Planning Commission, Uttar Pradesh Development Report, Vol. 1 & 2, Government of India, New Delhi: Academic Foundation, 2007, pp. 481-539.

“Government Subsidies in India: Issues and Approach” (co-author) in E. Favaro and A. Lahiri (eds.) Fiscal Policies and Sustainable Growth in India, New Delhi: Oxford University Press, 2004, pp. 148-165.

“Agricultural Taxation and Subsidies: Issues and Review” in Bhupat M. Desai (ed.), Agricultural Development Paradigm for the Ninth Plan Under New Economic Environment, New Delhi: Oxford & IBH Publishing Co., 1997, pp. 996-1032.

“Nature of Specification of Agricultural Sub Models in Select Recent Macroeconometric Models for India and Present Data Base”, (co-author) in Macroeconometric Modelling for India, IEG & DSE Research Team, Vol. II: Sectoral Studies, May 1996, pp. 1-55.

Journal Articles

“Eco-Taxes in a GST Regime” (co-authors), Discussion Paper, Madras School of Economics, Chennai, January 2010.

“Inter-state Imbalances in Essential Services: Some Perspectives” (co-author), Working Paper 42/2009, Madras School of Economics, January, 2009.

“Rural Poverty in Madhya Pradesh: Looking beyond Conventional Measures” (co-authored), Economic and Political Weekly, Vol. XLII (5), February 3, 2007, pp. 381-388.

“Central Flows to Panchayats: A Comparative Study of Madhya Pradesh” (co-authors), Economic and Political Weekly, Vol. XLII (5), February 3, 2007, pp. 365-368.

“Irrigation Subsidies in India: Some Observations” Indian Journal of Economics, Vol. LXXXVI (342), Part 3, January 2006, pp. 405-432.

“Rural Poverty in Chhattisgarh: Findings of a Primary Survey”, (co-authors) Guru Ghasidas University Journal of Business, Vol. No. 1 (2), July-December 2005, pp. 1-27.

“Analysing the Market for Engineering Education in India” (co-author) submitted to the World Bank in May 2002.

“Government Subsidies in India: Issues and Approach” (co-author) Discussion Paper No. 6, National Institute of Public Finance and Policy, New Delhi, January 2002.

“Credit Controls in India with Special Reference to Agricultural Commodity Prices”, Artha Vijnana, XXXVIII (4), 1996, pp. 333-365.

“Trade Credit in Agriculture: A review”, Indian Journal of Economics, LXXVI (303), 1996, pp. 437-454.

“Price Behaviour of Foodgrains and Commercial Crops: An Empirical Analysis”, Indian Economic Journal, 42 (1), 1994, pp. 17-38.

“Trade Credit and Selective Credit Controls: An Empirical Analysis, 1965-66 through 1985-86”, Indian Economic Review, XXVIII (2), 1993, pp. 74-90.

“An Analysis of Selective Credit Controls in India: 1955-56 to 1985-86”, Artha Vijnana, XXXIV (3), 1992, pp. 235-63.

“Determinants of Foodgrain Prices in India: An Empirical Study, 1961-83”, Indian Economic Review, XXII (1), 1987, pp. 51-77..