Conference : 'Fiscal Responsibility and Intergovernmental Finance' - June 22-24, 2005 at Hyderabad

The Inaugural session was attended by Dr. Y S Rajasekhara Reddy, Chief Minister of Andhra Pradesh, Dr. C. Rangarajan, Chairman, Economic Advisory Council of the Prime Minister, Dr. Ashok Lahiri, Chief Economic Advisor, Ministry of Finance, Mr. Michael F. Carter, Country Director, World Bank India and Dr. S. K. Rao, Director, ASCI, Hyderabad.

The conference :
- Addressed issues relating to fiscal discipline, accountability and inter-governmental finance.
- Provided a forum for officials to share knowledge and facilitate learning on principles & practices of fiscal responsibility legislation.
- Attempted to Build consensus and best practices within the framework of ongoing reforms in fiscal management at the central and state government levels.

>>> Conference Agenda

Presentations at the Conference

Intergovernmental Finance and Policy Coordination: Implications of the Report of the Twelfth Finance Commission      Indira Rajaraman, Professor, National Institute of Public Finance and Policy, New Delhi.

The Economic Impact of HIV/AIDS    Shanta Devarajan, Chief Economist, South Asia, World Bank

Reforms to India’s Federal Transfer and Borrowing Regime Proposed by the Twelfth Finance Commission: what will they mean for the states?    Stephen Howes, Lead Economist, World Bank

Fiscal Rules in India    R K Patnaik, Adviser, Dept of Economic Analysis and Policy, Reserve Bank of India, Mumbai

Fical Rules for a Federation : the case of the Brazilian Fiscal Responsibility Law    
Selena Peres Peres Nunes, Fiscal Policy Advisor, Institute for Socioeconomic Studies, Brazil

Fiscal Responsibility Legislation in Indian states - State perspective - Kerala  
K Jose Cyriac, Principal Secretary, Finance, Government of Kerala

Public Financial Management - Internal Controls and External Oversight   M.J. Joseph, Joint  Controller General of Accounts, Ministry of Finance, Government of India

Budgeting for Results : An idea whose time may be there   Anwar Shah, Lead Economist (Public Sector Governance), World Bank Institute, The World Bank

Fiscal responsibility in South Africa  Ismail Momoniat, Director, Ministry of Finance, Republic of South Africa

Internal Control and External Oversight     Vinod Sahgal, Lead Financial Management Specialist, The World Bank

Fiscal Responsibility and Budget Management Acts & Rules     S C Pandey, OSD(FRBM), Ministry of Finance, Government of India

Fiscal Responsibility Legislation at the State level in India : what has been achieved to date, what are the Challenges ?    Stephen Howes, Lead Economist, World Bank

International experience with fiscal responsibility legislation     George Kopits, National Bank of Hungary

Framework For Responsive, Responsible and Accountable Sub-national Fiscal Management  
Anwar Shah, Lead Economist (Public Sector Governance), World Bank Institute, The World Bank

Developing a medium term fiscal framework     L Krishnan, Special Secreatary, Finance, Government of Tamil Nadu


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