CRGD: The Public Policy Bridge logoCentre for Research on Governance and DevelopmentThe Public Policy Bridge

Independent Research. Informed Dialogue. Transformative Policy.

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Research vertical 01

Governance, Finance and Accountability

How governments raise and spend public money, how they are held to account for it, and how the machinery of administration can serve citizens better.

Every policy promise eventually becomes a line in a budget. This vertical follows the money: where it comes from, where it goes, and whether anyone can tell what it achieved.

Why it matters

Kerala built strong public services on the back of steady public spending, but a large share of today’s revenue is committed before the year begins, to salaries, pensions and interest. Choices about capital investment, welfare and debt now carry consequences for decades. Citizens and legislators deserve clear, independent analysis of those choices, not slogans from either side.

Accountability is the other half of the story. Audit reports, legislative committees, the right to information and social audits all exist on paper. The question this vertical asks is how well they work in practice, and what would make them work better.

How we work

  • Budget analysis. Each year we publish a plain language reading of the Kerala budget and of relevant Union budget decisions within weeks of their presentation.
  • Follow the audit. We track selected audit findings over time to see which are acted upon.
  • Local finance. With partner panchayats and municipalities, we study how decentralised planning funds are planned, spent and reported.
  • Administrative reform. We document reforms that worked elsewhere in India and abroad, and test whether they would travel.

The vertical works closely with the Federalism, Economy and Institutions and Social Justice verticals.

Questions we are asking

  1. 01

    What does the state actually get for each rupee it spends on salaries, pensions, subsidies and capital works?

  2. 02

    How can off budget borrowing be made transparent without stopping investment the state needs?

  3. 03

    Which reports of the Comptroller and Auditor General lead to action, and why do others not?

  4. 04

    How much real fiscal freedom do panchayats and municipalities have, and how well do they use it?

Publications

All 10
Policy Brief
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Policy Brief

Bringing Off Budget Borrowing into the Light

Borrowing by state owned bodies has become a large and contested part of public finance. A simple annual disclosure statement would let legislators and citizens see the full picture without stopping investment.

Scholar One

Events

Public lectureIn person

Budget Decoded 2026

5:30 pm to 7:00 pm IST

[Venue name], Thiruvananthapuram

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Programs and impact

Advocacy

Campaign for Fiscal Transparency

An effort to persuade the state to publish a single annual statement of all its extended liabilities, including borrowing by state owned bodies and guarantees.

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