IPS is an autonomous, not for profit, civil society organization, dedicated to promoting policy-oriented research. IPS provides a forum for informed discussion and dialogue on national and international issues. The contributions spanning over nearly about thirty years and the overall impact signifies the importance of pragmatic research on policy issues. The Institute highlights the role for think tanks in modern democratic polity.

IPS achieves its objectives through a wide range of activities and outcomes ranging from seminars, symposia, conferences and roundtables on multi-dimensional topics to reports, periodicals and publications, Interaction, dialogue , thematic research and capacity-building programs are instrumental in its research endeavors. IPS formulates viable plans and presents key initiatives and policy measures to policy makers, analysts, political leaders, legislators, researchers, academia, civil society organization, media and other stakeholders. IPS believes in good governance, transparency, professionalism, and program effectiveness. IPS strictly upholds its independence, credibility and Integrity. It operates as a self-financed think-tank through endowments, sponsorships, voluntary services and private donations. Aside from its periodicals, publications and membership fees it generates revenues by providing consultancy services.