Studies On State Budget

Studies on the Budget

YEAR 2024-25

Study Reports Completed

  • A Study on Budget Reliability and Budget Management of ULBs in Odisha.
  • Healthcare in Odisha: A Decade of Progress and Initiatives.
  • An Assessment of Pradhan Mantri MUDRA Yojana (PMMY): State-wise Insights with a Special Emphasis on Odisha.
  • A comparative analysis of the number of active taxpayers in the GST regime of Odisha with all of India.
  • Financial Management of Bhubaneswar Municipal Corporation.
  • A Study on the Relationship between Billing Efficiency and Per-Capita GSDP in the States of India.
  • Challenges in MGNREGS.
  • A note on the Clean Energy Cess.
  • Achievement of Key Revenue Components of States in India: March 2024.
  • Achievement of Key Revenue Components of States in India: May 2024.
  • Analysis of Expenditures of Panchayati Raj Institutions in India.
  • Analysis of Revenue Expenditures of Panchayati Raj Institutions in India.
  • Financial Autonomy of Panchayati Raj Institutions in India.
  • Financial Expenditure of PRI.
  • Trends and Patterns in Financial Grants to Local Governments.
  • A Comparative Analysis of the Trends and Patterns of GST Revenue Collection in Odisha and India since its Implementation: A Graphical Representation.
  • CAG Financial Accounts of the States in India (Expenditure Profile): May 2024.
  • Tryst with Gender Goals- How Odisha fares in SDG-5.
  • Changes in Monthly Per capita Consumption Expenditure Patterns: Odisha vs Other Indian States.
  • A Study Assessing the Impact of BSKY on Ever-Pregnant Women.
  • Trends and Progress in Distribution Utilities of Power Sector in India
  • Micro-study on the “Annual requirement of non-agriculture job creation for Odisha until 2036
  • Micro-study titled “Synchronization of Business Cycles at the National and Sub-national Levels”
  • Micro-study on the “Manufacturing Performance during 10 Years of Make in India”
  • Capital Formation in Odisha – An Enabler for Growth
  • The Dynamics of Monetary Policy: The Fed, RBI, and Worldwide Effects
  • A micro-study titled “Development of the tourism sector in India”
  • Micro-study on “India’s Fiscal Transfers Dynamics”
  • Analysis of the higher consumption expenditure in rural India
  • Micro Study on “India Emerges as a ‘Transparent’ Property Market: A New Era for Real Estate”
  • Micro-study on “Analysis of the consumption expenditure of rural and urban households in India”
  • Micro-study on “Investment behaviors in India over the decade”
  • Micro-study on the Impact of Farm Trade Policy on Indian Agriculture
  • Why does India have a low female labor force compared to other countries?
  • Employment Indicators of India
  • The surge in private consumption due to an increase in rural demand
  • Pension Expenditure and the Introduction of Unified Pension Scheme (UPS)
  • Micro-study on ” The sedate growth in the car sales before the festive season”
  • A Brief Note on the Savings Profile of SHGs
  • Move towards greater transparency in the Union Budget, FY 2024-25
  • Indian Credit Landscape and Unified Lending Interface
  • Finan/ cial Accounts of the States of India (Expenditure Profile)-July 2024
  • Achievement of Key Revenue Components of States in India-July 2024
  • NER at Secondary level (in %) (SAARC and Regional Areas (as per development status))
  • DIGITALISATION AND THE PAYMENT REVOLUTION IN INDIA
  • Breaking Barriers in Healthcare: Increasing Public Investment, Promoting Affordable Insurance, and Managing Rising Costs
  • Snapshot of GDP Estimates for Q1 of FY 2024-25
  • Adani Group’s Debt Profile: Strategic Diversification and Improved Leverage Amid Rising Liabilities
  • Robust GST Growth in July 2024: A Comprehensive Overview
  • Comparison study of the Net Enrolment Ratio (NER) of Odisha and neighboring states
  • Micro-study on “Financial Z score Analysis of Aluminium Sector NALCO- during the Pre-and Post-disinvestment period”
  • How far is the Fiscal Deficit of 3% justified?
  • Understanding Odisha’s Inflation Gap
  • Spending Efficiency of Un-tied Fund provided to the Rural Local Bodies (RLBs) in all States
  • Micro-study on the “Relationship between United Grant and Human Development Index (HDI) to the Urban Local Bodies (Category II – ULBs) in all States”
  • Is Fiscal Policy in India Truly Countercyclical?
  • How far is the Fiscal Deficit of 3% justified?
  • Analysis of Cost of Borrowing of State Development Loans
  • A Brief Examining the World Development Report 2024 -The Middle-Income Trap
  • Quarterly Economic Activity Index-June 2024
  • QUICK OBSERVATIONS ON UNION BUDGET FY 2024-25
  • Micro-study on “The Impact of the Budget on Accelerating EV Sales in India”
  • A Mico study on the “Relationship between United Grant and Human Development Index (HDI) to the Urban Local Bodies (Category II – ULBs) in all States”
  • Spending Efficiency of Un-tied Fund provided to the Rural Local Bodies (RLBs) in all States
  • A Brief Examining the World Development Report 2024 -The Middle-Income Trap
  • Analysis of Cost of Borrowing of State Development Loans
  • Understanding Odisha’s Inflation Gap
  • Is Fiscal Policy in India Truly Countercyclical?
  • Micro-study on “Financial Z score Analysis of Aluminium Sector NALCO- during the Pre-and Post-disinvestment period”
  • Comparison study of the Net Enrolment Ratio (NER) of Odisha and neighboring states
  • Robust GST Growth in July 2024: A Comprehensive Overview
  • Adani Group’s Debt Profile: Strategic Diversification and Improved Leverage Amid Rising Liabilities
  • Snapshot of GDP Estimates for Q1 of FY 2024-25
  • Breaking Barriers in Healthcare: Increasing Public Investment, Promoting Affordable Insurance, and Managing Rising Costs
  • DIGITALISATION AND THE PAYMENT REVOLUTION IN INDIA
  • NER at Secondary level (in %) (SAARC and Regional Areas (as per development status))
  • Achievement of Key Revenue Components of States in India-July 2024
  • Financial Accounts of the States of India (Expenditure Profile)-July 2024
  • Indian Credit Landscape and Unified Lending Interface
  • A Brief Note on the Savings Profile of SHGs
  • Micro-study on ” The sedate growth in the car sales before the festive season”
  • Pension Expenditure and the Introduction of Unified Pension Scheme (UPS)
  • The surge in private consumption due to an increase in rural demand
  • Employment Indicators of India
  • Why does India have a low female labor force as compared to other countries?
  • Micro-study on the Impact of farm trade policy on Indian Agriculture
  • Micro-study on “Investment behaviors in India over the decade”
  • Micro-study on “Analysis of the consumption expenditure of rural and urban households in India
  • Micro Study on “India Emerges as a ‘Transparent’ Property Market: A New Era for Real Estate”
  • Analysis of the higher consumption expenditure in rural India
  • Micro-study on “India’s Fiscal Transfers Dynamics”
  • Micro-study titled “Development of the tourism sector in India”
  • The Dynamics of Monetary Policy: The Fed, RBI, and Worldwide Effects
  • The Role of Private Investment in Driving Infrastructure Development in India
  • Capital Formation in Odisha – An Enabler for Growth
  • Manufacturing Performance during 10 Years of Make in India
  • Micro-study on the “Manufacturing Performance during 10 Years of Make in India”
  • Micro-study titled “Synchronization of Business Cycles at the National and Sub-national Levels”
  • Micro-study on the “Annual requirement of non-agriculture job creation for Odisha until 2036
  • Trends and Progress in Distribution Utilities of Power Sector in India
  • Micro-study on “The Impact of the Budget on Accelerating EV Sales in India”
  • Micro-study on the “India’s Digital-driven Tax Collection”
  • Micro-study on the ” Debt Management of Central Government of India “
  • Debt Management of the Central Government of India
  • Micro-study on the “Budget Subsidies of the 18 major Indian States”
  • Public Expenditure on Higher Education and its relation with Gross Enrolment Ratio
  • World Energy Outlook special report on “India’s Success in Energy Sector”
  • Micro-study on the “Indian Railways Expenditure Trends and its Operative Efficiency”
  • Fiscal Performance Index (FPI) of the States in India – A comparative analysis
  • Micro-study on the “A comparison in the volatility of the monthly SGST Collection of Odisha and All States’ Average during FY 2018-19 to FY 2024-25.”
  • Micro-study on the “Analyzing per Taxpayer State’s GST Revenue”
  • Micro-study on the “A comparison in the volatility of the monthly SGST Collection of Odisha and All States’ Average during FY 2018-19 to FY 2024-25.”
  • Financial Accounts of the States of India (Expenditure Profile) August 2024
  • Achievement of key Revenue Components of the states of India (Revenue Profile) August 2024
  • A Study on – Revenues Raised but not Realised
  • Micro-study on the “India’s Fiscal Stance in April-September Period of FY 2024-25”
  • Employment Estimates of Nine Key Non-Farm Sectors
  • Micro-study on the “Relationship Urbanization and Per Capita GST Revenue”
  • Micro-study on “Estimating the CDR Growth Potential: Odisha Vs India”
  • Micro-study on the ” Analysis of Capital Expenditure (H1: 2024-25) of the Union Government of India”
  • Financial Accounts of the States of India (Expenditure Profile) September 2024
  • Turnaround in Bihar’s State Finance
  • Micro Study on “Key Trend Analysis of IIP and Use-Based Indices for September 2024″
  • Achievement of Key Revenue Components of the states of India (Revenue Profile) September 2024
  • Micro-study on the “Analyzing the Relationship Between Infrastructure and Per Capita GST Revenue Across States”
  • A study on – Revenue Trend Analysis of Rourkela Municipal Corporation
  • Micro-study on “Analyzing the Nature of Relationship Between Per Capita Development Expenditure and Per Capita Borrowing Across Major States in India”.
  • Micro-study on the “A comparative analysis of the number of active taxpayers of Odisha vs All States’ during 30th June 2020 to 30th September-2024″
  • Micro-study on “Decline in State Governments’ Borrowings and Bond Market Dynamics”
  • The performance of 5 states showing the decline in education enrolment
  • A Study on Strengthening Municipal Revenues in Odisha: A Comparative Analysis of BMC, RMC, and CMC
  • Micro-study on “Research and Development in BRICS countries: A Primer”
  • Micro-study on the “Analyzing the Relationship Between Unspent Funds and Economic Growth in Odisha”
  • Is There a Systematic Bias in Budget and Revised Estimates of Gross Fiscal Deficit?
  • Achievement of Key Revenue Components of the states of India (Revenue Profile) || October 2024
  • Financial Accounts of the States of India (Expenditure Profile) || October 2024
  • Micro-study on the “Analyzing economic growth and human development in Odisha: 1991-2019”
  • World Food Prices: Trends in the UN’s FAO Food Price Index (FFPI)
  • Micro-study on “The Rule of Law and Control of Corruption in BRICS Countries”
  • Micro-study on “The concern for an overcrowded agricultural labor force”.
  • Micro-study on “Comparison of Food Prices in and across India”
  • Micro-Study on ”Child Malnutrition in Odisha”.
  • Financial Accounts of the States of India (Expenditure Profile) || November 2024.
  • Achievement of Key Revenue Components of the states of India (Revenue Profile) || November 2024
  • Micro-study on “Comparison of Cost of Housing using CPI Housing sub-component in and across the Non-Special Category States of India”.
  • Micro Study on “Analysis of Petroleum Consumption Trends: November 2024”
  • QUICK OBSERVATIONS ON UNION BUDGET FY 2025-26, February 1, 2025.
  • An Overview of Central Government Finances | November 2024
  • Micro-study on “Financial Overview of Distribution Utilities Operating in India”
  • Micro-study on “Analyzing GST revenue efficiency in Odisha: 2018-19 to 2024-25”
  • State-wise scenario and changes in MPCE from 2022-23 to 2023-24
  • Micro-study on entitled “Interstate comparison of Taxpayers Density, SGST Efficiency & SGST Yield for the year 2022-23”
  • Quick Observations on Union Budget FY 2025-26, February 1, 2025.
  • A Micro-study on “Analysing GST revenue efficiency in Odisha: 2018-19 to 2024-25”
  • A Micro-study on “Analysing GST Revenue Efficiency of Major States in India: 2024-25”
  • An Overview of Central Government Finances, December 2024
  • A Micro-study on “Analysing State-wise position of GST Dealers (Regular) in India: 2024-25”
  • Monthly Economic Activity Index: Odisha (January 2025)
  • Achievement of Key Revenue Components of the states of India (Revenue Profile), January 2025
  • A Micro-study on “Analysis of the Cost of Borrowing State Government Securities”
  • A Micro-study on “India’s GDP doubles in 10 years, set to surpass Japan and Germany by 2027”
  • A Micro-study on “Index of Budgetary Evaluation (IBE) of the States in India – FY 2024-2025(B.E)”
  • A Micro-study on “Odisha’s Performance in GST Revenue Growth as of March 2025”
  • Achievement of Key Revenue Components of the states of India (Revenue Profile), February 2025
  • A Micro-study on “Evaluating IGST Settlement Patterns Across Major Indian States: 2021-22 to 2024-25”
  • A micro-study titled “Evaluating the Tax Buoyancy of Odisha’s SOTR & Its Component during FY2015- 16 to FY2024- 25”
  • A Micro-study on “Evaluating State-wise Composite GST Performance Index (CGPI) for 21 Indian States: 2023-24 to 2024-25”
  • A Micro-study on “Odisha’s Leading Performance in Revenue Growth Among Major States: 2012-13 to 2022-23”
  • A Micro-study on “Analysis of the Cost of Borrowing by State Government by Issuance of State Government Bonds”

Monthly Reports

  1. Fiscal Monitor Report
  2. Odisha Economic Activity Index
  3. Financial Accounts of the States of India- Expenditure Profile
  4. Financial Accounts of the States of India- Revenue Profile
  5. Analysis of open market borrowing of Indian States

Contribution of CEFT towards the preparation of Odisha Annual Budget FY 2025-26

  • Preparation of Child Budget 2025-26
  • Preparation of Gender Budget 2025-26
  • Preparation of Nutrition Budget 2025-26
  • Preparation of SDG Budget 2025-26

Seminars and Workshops

1. A paper titled “Do Aggregate Technical and Commercial Losses in the Power Sector Converge Across Indian States?” was presented at the 57th Odisha Economic Association Annual Conference at Ravenshaw University, Cuttack from 7-8 February 2025.

2. A paper titled “Do Aggregate Technical and Commercial Losses in the Power Sector Converge Across Indian States?” was presented at the 1st International Conference on “Sustainable Energy Economics in the Asia-Pacific Region” at the Goa Institute of Management (GIM), Goa in collaboration with the Asia-Pacific Applied Economics Association (APAEA), Australia during 12-13 April 2024.

 

 

The Chairman of the 6th Finance Commission of Odisha, Shri Arun Kumar Panda, and Shri Satya Priya Rath, IAS, Director, Budget, Finance Department, visited CEFT. During their visit, they interacted with officials, discussed key financial policies, and explored various initiatives undertaken by the institution. They also engaged in discussions on future collaborations and shared insights on fiscal management and budgetary planning.

Summer Internship at CEFT

  1. Swastik Routray, MA in Economics, Pondicherry University
  2. Archita Mukherji, MA in Economics, Jindal School of Governance & Public Policy, O.P. Jindal Global University, Sonipat
  3. Avi Meena, Shri Ram College of Commerce, University of Delhi.
  4. Sanjaya Dilip Virani, Batch: 2021-23 MBA-BM, Xavier Institute of Management, XIM University, Bhubaneswar.
  5. Manisha Agarwal, Batch: 2021-23 MBA-BM, Xavier Institute of Management, XIM University, Bhubaneswar.
  6. Pankaj Kumar Sharma, Batch: 2022-24 MBA-BM, Xavier Institute of Management, XIM University, Bhubaneswar.
  7. Menaka Mishra, Symbiosis Centre for Distance Learning, Pune.
  8. Debashree Champatiray, Batch: 2022-24 MMS-BF, XIM University, Bhubaneswar.

Ongoing Work

  1. Price elasticity of Demand of Petroleum Goods (ATF, MS, HSD) of Odisha and its policy implications
  2. Practices in India’s Incentive Framework for Urban and Rural Bodies.
  3. Redevelopment of Brownfield Assets in Odisha
  4. Review of Municipal Bonds issued in India
  5. Additional Resource Mobilisation for Urban Development in Odisha
  6. Additional Resource Mobilisation for Rural Development in Odisha
  7. Development of Per-Urban Areas in Odisha
  8. Review of decentralisation of Local Bodies in Odisha
  9. Assessment of the State Finance of India
  10. Assessment of Urban Finance in Odisha
  11. Assessment of Rural Finance in Odisha
  12. Performance Index of GST in 2025-26: An Inter-state Analysis
  13. Governance and Public Debt: A Cross-country Analysis
  14. Contributing Factors towards Improvement in GNPA in recent years in India
  15. Policy Briefs on Social Security Schemes
  16. Observing the Rosenfeld Effect in India
  17. Governance Index and Tax Revenue: A Cross-country Analysis
  18. Financial Ratio Analysis of Aluminium Sector: A Case Study of M/s NALCO
  19. Drifting towards Convergence in Bank Credit to Deposit Ratio: Evidence from the Indian States
  20. Topical/Thematic Micro Studies

YEAR 2023-24

Study Reports Completed

  • Economic Activity Index (EAI) Odisha: September 2023
  • Economic Activity Index (EAI) Odisha: August 2023
  • Economic Activity Index (EAI) Odisha: July 2023
  • Monthly Fiscal Monitor Report Odisha: July 2023
  • Monthly Fiscal Monitor Report Odisha: August 2023
  • Achievement of Key Revenue Components of States in India: June 2023
  • Achievement of Key Revenue Components of States in India: August 2023
  • Achievement of Key Revenue Components of States in India: June 2023
  • Financial Accounts of the States of India (Expenditure Profile) – August 2023
  • Financial Accounts of the States of India (Expenditure Profile) – July 2023
  • Estimating Tax Buoyancy, Elasticity, and Stability for Odisha (FY 1990-91 to FY 2016-17)
  • Actual Gross Fiscal Deficit is explained better by Budget Estimate of Gross Fiscal Deficit than Revised Estimates of Gross Fiscal Deficit
  • Estimation of Fiscal Multipliers in India A State Level Analysis
  • Study on Trends and Progress of the E-Way Bill of States in India During the period from April 2019 to August 2022 22
  • GST Compensation: Dependency, Efficiency and Progressivity 36
  • Status of Women’s and Children’s Health in Odisha: Some
  • Reflections from National Family Health Survey – 5 (NFHS5) (October 2022)
  • Analysis of Open Market Borrowing of the States (SDL) in India-July- August 2022
  • Key Economic Indicators
  • Is there a systematic bias in estimates (BE & RE) of Gross Fiscal Deficit (GFD)?
  • Budget Stabilization Fund: A Survey of Literature
  • An Assessment of Debt Sustainability of Odisha
  • Analysis of Financial Ratios of Odisha Mining Corporation
  • Analysis of Open Market Borrowing of the States in India
  • Key Fiscal Indicators
  • Tryst with Gender Goals – How Odisha fares in SDG – 5
  • GST Compensation: Dependency, Efficiency and Progressivity
  • Fiscal Monitor Report of Odisha in September 2023
  • Fiscal Monitor Report of Odisha: October 2023
  • Aggregate Technical & Commercial Losses- An analysis of overall efficiency of the Indian Electricity Sector
  • Understanding Evolution of Public Debt to GSDP Ratio in Odisha: Debt Dynamics

Towards the preparation of Odisha's Annual Budget 2023-24-24

  • Preparation of People’s Guide to Annual Budget
  • Preparation of Odisha Gender Budget Statement
  • Preparation of Odisha Child Budget Statement
  • Preparation of Odisha Nutrition Budget Statement
  • Preparation of Odisha Climate Budget Statement
  • Preparation of Odisha SDGs Budget Statement 2023 – 24
    1. Verification of System generated report of the SDG budget from mapped Chart of Accounts of the previous year
    2. Mapping and restructuring of schemes and programmes from previous year’s SDG budget and Supplementary Budget
  • Preparation of Mission Shakti’s Budget
    1. Preparation of Mission Shakti Budget Statement outline
    2. Preparation of the detailed structure of Mission Shakti Budget Statement and presentation of the same for discussion with respective stakeholders
  • Preparation of Odisha Fiscal Strategy Report
  • Preparation of Odisha Fiscal Risk Statement
  • Preparation of Handbook on Outcome Budgeting:
    1. Submitted a comprehensive document outlining the concepts and process of Outcome Budgeting to aid the outcome budgeting exercise carried out by the different departments of theGovernment of Odisha
    2. Submitted a presentation and a one pager on the handbook to the Finance Department
  • Study Report on Budgetary Feedback for Departments-wise of the Government of Odisha
  • Participatory Budget Initiative: Compilation of the Suggestions received from the citizens of Odisha through online modes for the formulation of State Budget
  • Preparation of People’s Guide-Supplementary Budget
  • Preparation of Odisha SDGs Budget Statement 2023 – 24
    1. Verification of schemes and programs of Government of Odisha under different Goals and Target
    2. Several Discussion/meeting on mapping with the team from SDG Cell, Planning, and Convergence Department
    3. Review of scheme mapping done by SDG Cell, Planning and Convergence Department
    4. Goal and Target wise analysis of Budget Allocations for FY 2023-24 is undergoing
    5. Preparation of Draft of SDG Budget 2023-24 is undergoing

Manuscripts Under Review

  • Is there a systematic bias in Budget and Revised Estimates of Gross Fiscal Deficit? (Economics Bulletin)
  • Does development expenditure converge? Evidence from the Indian States (Revised Manuscript in South Asian Journal of Macroeconomics and Public Finance, Sage Publication)
  • ” Revisiting Fiscal Performance of Non-Special Category States of India Using a Composite Index Approach” (Journal of Public Budgeting Accounting & Financial Management, Emerald)
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Seminars and Workshops

  1. Faculty Development Programme on ” Empirical Tools in Social Science Research”
  2. Participation in the workshop on Effective Communication under the GA&PG Department
  3. Workshop of Odisha Mission on Improving Budget Documentation
  4. Seminar with the Finance department and UNICEF (including the Social Policy Specialist from the Delhi Office) to develop a strategy and work plan for preparing Gender and child budget documents.
  5. Participation in a workshop titled “Lateral Learning Session of Gender Responsive Budget – West Zone” by UN Women and Government of India, and presentation on Gender Budgeting Efforts of Government of Odisha
  6. Seminar on Multi-Dimensional Poverty Index organised by the Government of Odisha and NITI Aayog.
  7. A seminar on “Kautilya’s Arthashastra” was organised by CEFT on 22nd December 2021. The esteemed speaker was Prof. Pradipta Choudhury, Jawaharlal Nehru University, Delhi.
  8. A Seminar on “How Should India Fund Its Democracy?” was organised on 30th December 2021. The esteemed speaker was Dr. Niranjan Sahoo, Senior Fellow, Observer Research Foundation, Delhi.
  9. A seminar on “Tax Salience” was organised by CEFT on 4th December 2021. The esteemed speaker was Prof. Dinabandhu Sethi, IISER, Bhopal.
  10. A Workshop on Union Budget 2022-23 was organised by Madhusudan das Regional Academy of Financial Management on 11th February 2022. CEFT participated in the workshop along with experts from the Finance department, the Government of Odisha, IIT – Bhubaneswar, etc.
  11. Seminar on “Fiscal Transparency” – August 2019
  12. Seminar on “Macro Fiscal Strategy of Odisha” – August 2019
  13. Workshop and Training on “Gender and Child Budgeting” – 26-28 August 2019
  14. Workshop on “PFM Reforms in Odisha and Budget Making Process” – October 2019
  15. “Review meeting on Odisha Gender and Child Budgeting” – 11-12 November 2019 at XIMB, Bhubaneswar. The purpose of the review meeting is to share the experience and lessons learned from the gender and child budget of Odisha, and to discuss the potential for improvement and get inputs on the way forward for the gender and child budgeting in Odisha.
  16. Capacity Building Programmed on the “State Government Debt Management Functions in Odisha” by RBI – December 20, 2019, at XIMB, Bhubaneswar.
  17. “Review Meeting of Centre of Excellence in Fiscal Policy and Taxation (CEFT)” – December 28, 2019, at XIMB, Bhubaneswar.
  18. Consultation with child and gender experts, New Delhi – 1-2 August 2019: Two-day Delhi visit to get technical inputs and guidance for the improvement of Odisha Gender and Child budgeting with NIPFP, CBGA, and HAQ- Centre for Child Rights.
  19. Participation in the 57th Annual Conference of The Indian Econometric Society (TIES).
  20. Participation in the workshop on Managing Fiscal Risks for Selected Indian States with the South Asia Regional Training and Technical Assistance Centre (SARTTAC, IMF).
  21. Seminar on State Government Debt Management Functions in Odisha led by Ms Latha Vishwanathan and Shri Abhishek Nandan, Reserve Bank of India, IDMD, Mumbai.
  22. Seminar on Gender and Child Budgeting (11th-12th November 2019) led by Monica Neilsen, UNICEF National Head, and Dr. Subrat Das, CBGA, New Delhi.
  23. Seminar on Innovation for Reforms in Public Finance: Phase I (14th January 2019 – 18th January 2019) by the NIPFP Team.
  24. Seminar on Innovation for Reforms in Public Finance: Phase II (11th February 2019 – 14th February 2019) by the NIPFP Team.
  25. Presentation by the RBI Team on State Finances: A Study of Budgets of 2017-18 and 2018-19. The presentation was led by Ms. Sangita Misra, Director, Fiscal Analysis Division (FAD), DEPR, RBI.
  26. Seminar on Expenditure Control by Shri Sailendra Pattanayak, Fiscal Affairs Department, International Monetary Fund, Washington.
  27. Seminar on Performance Budgeting by Ms. Lesley Fisher, South Asia Regional Training and Technical Assistance Centre (SARTTAC), International Monetary Fund, New Delhi.
  28. Seminar on Government Cash Management and Debt Management, South Asia Regional Training and Technical Assistance Centre (SARTTAC), International Monetary Fund, New Delhi.
  29. Associated Banking Arrangements by Shri Sailendra Pattanayak, Fiscal Affairs Department, International Monetary Fund, Washington.
  30. Seminar on Medium-Term Budgeting by Ms. Lesley Fisher, South Asia Regional Training and Technical Assistance Centre (SARTTAC), International Monetary Fund, New Delhi.
  31. How Quality of Expenditure in State Finances Impacts State Economy: 27th May 2016 – By Reserve Bank of India, Mumbai.
  32. Macroeconomic Effects of Demonetization in India: Policy Simulations Using A Macro Econometric Model for India – 24th December, 2016 – By Dr. Prof. KN Murty.
  33. Completed one Week Faculty Development Programme (FDP) on “Empirical Tools in Social Science Research”, organised by the Department of Finance and Business Economics, University of Delhi South Campus from 11th to 17th December 2023.
  34. A paper titled “Do Aggregate Technical and Commercial losses in the power sector converge across Indian states?” was presented at the 1st International Conference on “Sustainable Energy Economics in the Asia-Pacific Region” at the Goa Institute of Management (GIM), Goa in collaboration with the Asia-Pacific Applied Economics Association (APAEA), Australia during 12-13 April 2024.
  35. Participated and presented a paper titled “Mainstreaming Gender in Public Policy: The Case of Gender Responsive Budgeting in Odisha” at the Day International Conference on New Frontiers in Economic and Financial Research from 30-31 January 2024, organised by G M University, Sambalpur.
  36. Participated as a speaker in a regional workshop on “Developing Analytical Approach for Assessment of Gender Budgeting in India” on February 9, 2024, in Kolkata organised by the Federation of Indian Chambers of Commerce and Industry (FICCI), and Karmannya Counsel with support from Ministry of Women & Child Development, GoI.
  37. A paper titled “Understanding the State Fiscal Performance in India presented on January 3, 2024, by the Chair Professor at CEFT to the Finance Department, Government of Odisha.

Ongoing Work

  • Does good Governance predict Government Revenue: Evidence from the South Asian Countries
  • Drifting towards Convergence in Bank Credit to Deposit Ratio: Evidence from the Indian States (Manuscript work in progress)
  • An Analysis on Odisha’s Multi-dimensional Poverty Index
  • Per Capita GFD: A Complementary measure of GFD as a share of GSDP
  • Policy Brief on Children and Women Development
  • Policy Brief on Nutritional Improvement
  • Policy Brief on Social Security Schemes
  • Development of note on Global SDG background
  • Study on Economic Crimes in Odisha

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