Consultancy

AJNIFM being a pioneer think-tank for Department of Expenditure, Ministry of Finance; contributes through unique reassessment and refinement of current practices by virtue of undertaking various consulting assignments both from central and state government/ organizations. Given its core competence in Public Finances, Procurement Procedures, Fiscal Federalism and Management, Revenue & Taxation policies, General Financial Rules, Government accounting, Accounting in autonomous institutions, Financial reporting standards, Public policy and economics, central and state finances‎, AJNIFM undertakes various consultancy & research assignments both from central and state government/ organizations in the following areas:

  • Public Expenditure
  • Public Procurement procedures
  • Fiscal Federalism and Fiscal management
  • Central & State Finances
  • Revenue and taxation policies
  • General financial rules.
  • Government accounting & accounting in autonomous institutions
  • Financial reporting standards
  • Project management
  • Public Economics
  • Financial Management
  • Financial Markets
  • Gender Budgeting

AJNIFM’s continuous research, innovative developing business models and two decades of experience in government policies and strategies has made us dynamic yet adaptable consultants.

If you have the relevant qualifications and work experience, and if you would like to work alongside AJNIFM faculty on consultancies in any of these areas, please send your detailed CV to the email address given below:

consultancies@nifm.ac.in

 

List of Consultancies Ongoing Project for whom the Reports has been submitted.

Sl. No.

Name of Consultancy Project

Ministry/ Department/ Organization

Date of Award

Cost

Target date of completion

Date of submission of Report

Comment

1.

Comprehensive Procurement Policy for Central Armed Police Forces

Ministry of Home Affairs

October, 2020

12 Lakh

Project completed

Report Submitted in October, 2022

Report has been submitted. However, MHA will release the remaining 30% after the approval of the report by the competent authority. Our study team has made a presentation before ASPM Division, MHA on the report and it is expected that it will result in acceptance of the report and remaining 30% of the amount will be released to MHA.

2.

Impact of Removal of Anti-Dumping Duty on Man-made Fibre

Ministry of Textiles

June, 2022

19.95 Lakh

Reply from Ministry is awaited

Draft Report Submitted on March, 2023

Director has written a DO letter to Secretary, Textile for early resolution of the pending issues and for the release of outstanding payment

3.

Preparation of Manual/ Standard Operating Procedures for Footwear Design & Development Institute (FDDI)

Ministry of Commerce and Industry.

February, 2022

10 Lakh

 

Project completed

Final Report submitted by AJNIFM in August 2023 & it has been accepted by FDDI

We have raised an invoice for the release of the final payment. It is expected that the money will be received by the end of March 2024.

4.

Formulation of Monitoring and Evaluation Policy for the State of Uttarakhand

Government of Uttarakhand

2022-23

9.75 Lakh

Project completed

Draft Report submitted

Report submitted; reminder has been sent in the month of October, 2023 for the release of outstanding dues.

5.

Financial Aspects of Stalled Realty Projects/Cancelled Licenses

Department of Town & Country Planning (DTCP), Government of Haryana

October, 2023

40 Lakh

Project completed

Report submitted

 

 

List of Ongoing Projects for which Preparation of Report is in process.

 

Sl. No.

 

Name of Consultancy Project

Ministry/ Department/ Organization

Date of Award

Cost

Target date of completion

Progress in terms of percentage of work

Comment

1.     

Rationalisation & Prioritization of the schemes of the State Govt. of Uttarakhand

Government of Uttarakhand

2022-23

2.54 Crore

Final report to be submitted by 30th  June 2024

Ongoing

The third deliverable has been submitted and accepted. Till now we have received 15% of the project amount. The project team is working on the fourth deliverable. We are requesting to increase the timeline till 30th June 2024. 

2.     

Independent Third-Party Impact Assessment of Production Linked Incentive Scheme (PLI) for White Goods (Air Conditioners and LED Lights)

Ministry of Commerce & Industry

May 2023

23.97 Lakh

Final report to be submitted in May 2024

Ongoing

Draft report has been submitted to Ministry. The project team had prepared PPT capturing findings of the study and submitted in January 2024. We have received first instalment of 40%. The second instalment is likely to be released soon.

3.     

Accounting of OPS liabilities of Centre and State

Department of Expenditure

August 2023

 

 

42.55 Lakh

 

Final report is to be submitted by 31st March 2024

Ongoing

First deliverable has been submitted. The study team is working on other deliverables. Draft report is to be presented to Secretary, Expenditure either in the last week of March 2024 or first week of April 2024.

4.     

Cost Benefit Analysis of Biomedical Research Career Program

Department of Biotechnology

March 2024

23.46 Lakh

May 2024

Ongoing

Preliminary discussion with the DBT has been held and the field visit is likely to begin in April 2024.

5.     

Third Party Audit of Proactive Disclosure under Section 4 of the RTI Act 2005 of Public Authorities as per CIC format

Public Authorities such as PSUs, Public Sector banks, Ministries Universities, Institutes etc.,

 

AJNIFM charges a consultancy fee for conducting audit of each Public Authority

The award process has begun and it will be finalised by end of April 2024

Ongoing

It is done on annual basis for different Public Authorities who map AJNIFM as an auditor on CIC portal. This year we are expecting audit of about 20 Public Authorities