Director's Message


Sujit Kumar Chowdhury, IPoS:1991

Date of Assuming Charge: 27th Mar 2018



I consider the opportunity given to me to work as the Director of Fiscal Policy Institute as a privilege that seldom comes in the career of a public servant. Within a short span of its existence, FPI has emerged as an institution of repute, within and outside Karnataka. This institution is an interface between the academia as well as practitioners and the Govt. of Karnataka, specifically Finance Dept. Its primary role is to give valuable inputs for fiscal policy and budget formulation including the required reforms. It is also mandated to meet the training requirements for capacity building for effective governance and efficient service delivery. Leading such an organisation is an engaging as well as a challenging task. With your support, I hope that FPI shall meet the expectations of all the stakeholders.

Fiscal Management is the core of governance and the harbinger of economic growth. It is a multi-dimensional area that covers under its ambit various aspects and facets of public finance like resource mobilisation, evolving a prudent and fair tax-regime, budgetary decisions with time-bound goals, fiscal balance, public finance institutional framework, accountability & auditing systems, e-Governance, efficient expenditure management etc. Giving special attention to the needy sections of society is also covered under its arena.

Karnataka has been a pioneer state in Fiscal Management as it enacted Fiscal Responsibility Act way back in 2002. Setting up of FPAC and subsequently FPI, followed by their merger into a single entity of FPI reflect the genuine concern and intention of the Govt. of Karnataka to institutionalise the objectives envisaged in the Act. The Vision and Mission Statements of FPI recapitulate the essence of this enactment in actionable terms. Since its inception, FPI, as a Directorate under the Finance Dept., has been successfully discharging its roles and responsibilities. Specific centres have been set up in FPI for more focussed research and training with relevant expertise. Gender Budgeting has been a remarkable achievement of Karnataka Govt. as Karnataka was chosen as the pilot state. In recent years, Gender Budgeting has been further fine-tuned in Karnataka and FPI has gone ahead with Gender Auditing now. In its journey, FPI has been associated and collaborated with various departments, organisations, institutions and academics. This confluence and synergy have helped tremendously in its growth and strength. Recently, FPI has entered into MOU with National Institute of Public Finance and Policy, New Delhi for mutual collaboration and assistance. This would certainly strengthen FPI’s academic and training capability. I consider that my role is to strengthen the academic and administrative set up of FPI further by facilitating and encouraging active interaction and involvement of all our partners and stakeholders in our journey ahead.

I seek support of you all to take FPI to a new height. I also invite suggestions and feedback to further improve the activities and facilities at FPI.

Sujit Kumar Chowdhury