- Profile
- Publications
- Teaching
- Current Research
J.V.M. Sarma, Professor in charge of the Centre for Public Finance, Madras School of Economics.
He was formerly a Professor at the School of Economics, the University of Hyderabad has been involved in public finance, statistical and econometric methods, tax policy research, and teaching for over three decades.
He served as Economic Advisor to the Twelfth Finance Commission, Government of India. He has also been associated with several studies for national, international, and state-level governments.
Before joining the University of Hyderabad, he was a Senior Fellow at the National Institute of Public Finance and Policy (NIPFP), Indian Institute of Management Bangalore (IIMB), Centre for Economic and Social Studies (CESS), Hyderabad, and Institute for Social and Economic Change (ISEC), Bengaluru. Throughout his career, Dr Sarma’s basic research interests have been statistical and econometric methods and their applications in public finance, public policy design, corporate finance, and international taxation.
Dr. Sarma has been actively involved in public policy reforms in the country, having been a member of several committees such as the Andhra Pradesh Revenue Reforms Committee, Andhra Pradesh Fiscal Reforms Implementation Committee, Gujarat State Public Finance Reform Committee, Central Excise Working Group, and Commission on Macroeconomics and Health, Government of India.
He was Visiting Fellow of the Ford Foundation (at Economic Growth Centre, Yale University, USA) and (Indo-Canadian Foundation, University of Toronto, Canada), Consultant to the World Bank and Asian Development Bank. Presently, he advises the Governments of Nepal, Bangladesh, Laos, Bhutan, Vietnam, and Sri Lanka on matters relating to public finance management.
Dr Sarma has authored six books, undertaken several policy research projects, and published numerous papers in reputable journals. His most recent work is the textbook - Public Finance: Principles and Practices, which is being published by the Oxford University Press.
Books
Public Finance: Principles and Practices: Oxford University Press, 2018.
Federal Fiscal Relations in India : Imperatives for Restructuring, Sage Publications 2020.
Financing Public Sector Development Expenditure in Selected Countries - India - Asian Development Bank, Manila, June 1988 (Co-author: M G Rao).
Taxation and Corporate Dividend Behaviour in India, Harman Publishing Co. New Delhi, 1990.
Investment Allowance (Section 32A of Income Tax Act) - A Review. (Studies on Impact of Income tax Incentives) National Institute of Public Finance and Policy, 1989 (Co- author: H.K.Sondhi).
Rural Development Allowance (Section 35CC of Income Tax Act - A Review. (Studies on Impact of Income tax Incentives), National Institute of Public Finance and Policy, 1988. (Co-author: H K Sondhi).
Government and Economic Development, (Co-author: V V Bhanoji Rao), Khamas Publishing Co, New Delhi, 1995.
Central Government Expenditure - National Institute of Public Finance and Policy, 1984. (Co-authors: K N Reddy and N Sinha).
Papers ‘Monitoring Fiscal Performance in India’, paper as part of the volume on Advancing Economic Integration in South and East Asia, February 2010.
‘Indian Finance Commission: Need for Revamping and Restructuring’, paper presented at National Seminar on Centre-State Relations In Indian Fiscal Context In Honour of Sri B.P.R. Vithal, at Centre for Economic and Social Studies, Hyderabad. (Co-author Bhaskar, V). 2012.
‘A Road Map for Implementing the Goods and Services Tax’, Economic & Political Weekly, August 4, 2012. (Co-author Bhaskar, V).
‘Policy Options for a Goods and Services Tax’, paper presented at the National Law School University, Bangalore, 2012. (Co-author Bhaskar, V)
‘Federal fiscal sharing and fiscal accountability in India: An integrated approach’ paper presented at the Conference on Federal Fiscal Relations at Andhra University, Waltair, 2012. (Co-author Kamble, P )
Financing Government Expenditure For Sustainable Development In India, (Co-author: Sarma E A S), A Report submitted to the Embassy of Sweden, 2002
‘Fiscal Governance in India’, ICFAI Journal, 2009. Economic and Financial Situation in Sri Lanka: A Review, Background Paper submitted to Government of Sri Lanka, 2008.
‘Federal Fiscal Sharing: Some Issues of Southern States in India’, in Srivastava D K (ed) Finance Commission: Issues of Southern States, Madras School of Economics, 2008.
‘Economic Governance and Accountability’, ICFAI Journal (Special Issue on Governance), 2008.
Financing Public Sector Development Expenditure in Selected Countries - India - Asian Development Bank, Manila, June 1988 (Co-author: M G Rao).
Taxation and Corporate Dividend Behaviour in India, Harman Publishing Co. New Delhi, 1990.
Investment Allowance (Section 32A of Income Tax Act) - A Review. (Studies on Impact of Income tax Incentives) National Institute of Public Finance and Policy, 1989 (Co- author: H.K.Sondhi).
Rural Development Allowance (Section 35CC of Income Tax Act - A Review. (Studies on Impact of Income tax Incentives), National Institute of Public Finance and Policy, 1988. (Co-author: H K Sondhi).
Government and Economic Development, (Co-author: V V Bhanoji Rao), Khamas Publishing Co, New Delhi, 1995.
Central Government Expenditure - National Institute of Public Finance and Policy, 1984. (Co-authors: K N Reddy and N Sinha).
Papers ‘Monitoring Fiscal Performance in India’, paper as part of the volume on Advancing Economic Integration in South and East Asia, February 2010.
‘Indian Finance Commission: Need for Revamping and Restructuring’, paper presented at National Seminar on Centre-State Relations In Indian Fiscal Context In Honour of Sri B.P.R. Vithal, at Centre for Economic and Social Studies, Hyderabad. (Co-author Bhaskar, V). 2012.
‘A Road Map for Implementing the Goods and Services Tax’, Economic & Political Weekly, August 4, 2012. (Co-author Bhaskar, V).
‘Policy Options for a Goods and Services Tax’, paper presented at the National Law School University, Bangalore, 2012. (Co-author Bhaskar, V)
‘Federal fiscal sharing and fiscal accountability in India: An integrated approach’ paper presented at the Conference on Federal Fiscal Relations at Andhra University, Waltair, 2012. (Co-author Kamble, P )
Financing Government Expenditure For Sustainable Development In India, (Co-author: Sarma E A S), A Report submitted to the Embassy of Sweden, 2002
‘Fiscal Governance in India’, ICFAI Journal, 2009. Economic and Financial Situation in Sri Lanka: A Review, Background Paper submitted to Government of Sri Lanka, 2008.
‘Federal Fiscal Sharing: Some Issues of Southern States in India’, in Srivastava D K (ed) Finance Commission: Issues of Southern States, Madras School of Economics, 2008.
‘Economic Governance and Accountability’, ICFAI Journal (Special Issue on Governance), 2008.
• Teaching public finance, econometrics and related subjects in the University of Hyderabad (UoH) for the last one-and-half decades.
• Taught courses on managerial economics, public finance, Indian economy, international taxation, corporate taxation and business research methodology at the Indian Institute of Management, Bangalore (IIMB).
• Taught research students on themes such as macro and micro economics, statistics, taxation, public policy at the Centre for Economic and Social Studies (CESS), Hyderabad
• Designed a course on ‘International Tax Planning’ at Indian Institute of Management, Bangalore (IIMB), and a course on ‘Issues in Indian Fiscal Policy’ at University of Hyderabad (UoH).
• Conducted international training programs on macro-economics and on fiscal policy at National Institute of Public Finance and Policy, New Delhi (NIPFP).
• Taught courses on managerial economics, public finance, Indian economy, international taxation, corporate taxation and business research methodology at the Indian Institute of Management, Bangalore (IIMB).
• Taught research students on themes such as macro and micro economics, statistics, taxation, public policy at the Centre for Economic and Social Studies (CESS), Hyderabad
• Designed a course on ‘International Tax Planning’ at Indian Institute of Management, Bangalore (IIMB), and a course on ‘Issues in Indian Fiscal Policy’ at University of Hyderabad (UoH).
• Conducted international training programs on macro-economics and on fiscal policy at National Institute of Public Finance and Policy, New Delhi (NIPFP).
• Public Finance, Econometrics, Public Expenditure evaluation, Fiscal Reforms, Economic and Financial Analysis of public sector investments, Local Finance, and Infrastructure.
