0% found this document useful (0 votes)
100 views7 pages

Committee Year Purpose Recommendations: Latest Version On 1

This document lists various committees formed in recent years in India along with their purpose and key recommendations. Some of the notable committees mentioned include: 1. The Anoop Satpathy committee on fixing a National Minimum Wage that recommended a range of Rs. 8892 to Rs. 11622 per month. 2. The Subhash Chandra Garg committee to look into development and regulation of the financial technology sector in India. 3. The Y.H. Malegam committee to examine rising bank fraud and NPAs that recommended measures to address divergence in asset classification between banks and auditors. 4. The N. Gopalaswami committee that recommended granting autonomy and financial assistance to 6 institutions identified

Uploaded by

Aditi Saxena
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
100 views7 pages

Committee Year Purpose Recommendations: Latest Version On 1

This document lists various committees formed in recent years in India along with their purpose and key recommendations. Some of the notable committees mentioned include: 1. The Anoop Satpathy committee on fixing a National Minimum Wage that recommended a range of Rs. 8892 to Rs. 11622 per month. 2. The Subhash Chandra Garg committee to look into development and regulation of the financial technology sector in India. 3. The Y.H. Malegam committee to examine rising bank fraud and NPAs that recommended measures to address divergence in asset classification between banks and auditors. 4. The N. Gopalaswami committee that recommended granting autonomy and financial assistance to 6 institutions identified

Uploaded by

Aditi Saxena
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 7

Committees

Committee Year Purpose Recommendations


Anoop Satpathy 2019 method for fixing National Min Wage Rs. 9750/month (375/day) nationally or regionwise wages
ranging from Rs. 8892 to Rs. 11622/month for 5 regions
recommended; additional HRA of Rs. 55/day (Rs. 1430/month)
for urban workers above NMW
Agnihotri 2019 Revising rules of Rajya Sabha
Jayant Sinha 2018 roll out of UAV tech
Ratan Watal by 2018 on gold markets
NITI Aayog
N 2018 use of Artificial Intelligence in defense
Chandrashekharan
task force
Suresh Mathur by 2018 to review governance regulations for
IRDAI Insurance Marketing Firms
Arvind Virmani 2018 Advisory Council to the 15th Finance
Commission
Subhash Chandra 2018 look into the development and
Garg regulation of the financial technology
(fintech) sector in India
V Kamakoti 2018 task force on Artificial Intelligence
Y H Malegam by 2018 to examine rising incidence of fraud
RBI and its remedy, divergence in asset
classification (NPAs) as reported by
banks and auditors
Y M Deosthalee by 2018 on Public Credit Registry
RBI
Sudarshan Sen by 2018 inter-regulatory working group on
RBI FinTech and Digital Banking
Injeti Srinivas 2018 to review Companies Act 2013 to
examine decriminalization of certain
offences
Ravindra Dholakia 2018 Committee for Sub National Accounts;
to review concepts, definitions etc for
preparation of State Domestic Product
and District Domestic Product

Manmohan Juneja 2018 Panel to review CSR enforcement


under Companies Act
Rajiv Gauba 2018 To check rising incidents of mob
(Home Secy) lynching
N Gopalaswami 2018 Empowered Expert Committee to IoE instis to get financial assistance of up to 1000 cr for next 5
recommend 6 institutions as yrs + autonomy to admit up to 30% foreign students, 25%
Institutions of Eminence foreign faculty, 20% courses online, foeign collaboration,
unrestricted fees charged from foreign students, flexibility of
curriculum etc
Baba Kalyani 2018 By Commerce Ministry to study Revitalise SEZs as Employment and Economic Enclaves (3Es)
existing SEZ policy moving focus from exports to economic and employment
growth

Version 1.0 Latest version on https://skidha.home.blog/ 1


Sunil Mehta 2018 To fight NPAs form an Asset Mgt Company called Sashakt India AMC; for loans
between 50 and 500 cr, bank-led resolution approach with
resolution being approached within 180 days, to be approved by
lenders holding >66% debt; AMC for loans above 500 cr
Alternative 2018 to look into merger proposals of PSBs
Mechanism Panel
under Arun Jaitley
Sumit Bose 2018 Performance Based Payments for recommendations on human resource utilization at Gram
Better Outcomes in Rural Development Panchayat level, funding, use of IT etc
(RD) Programmes
Ashok Dalwai 2018 On doubling farmers' incomes 1. overhaul of union agriculture ministry
2. liberalise definition of 'farmer' to include cultivators, lesee
farmers and sharecroppers
3. develop an online and annually authenticated database to
identify farmer and make benefit available to him
4. undertake land reforms - incentivise land pooling
Ramesh Chand 2018 on Integration of Commodity Spot and
Derivatives Market
Chandan Sinha by 2017 review guidelines for hedging of
RBI commodity price risk by residents in
overseas markets
Tarun Ramodurai 2017 Household Finance Committee
Injeti Srinivas 2017 IBC review recommendations resulted in IBC (Amendment) Ordinance 2018
Sharada Prasad 2017 to review, rationalize and optimize the
functioning of Sector Skill Councils

Ratan Watal 2017 to review need for autonomous bodies


committee for
review of
autonomous
bodies
FRBM review 2017 Review Fiscal Responsibility and Budge 1. Draft Debt Mgt and Fiscal Responsibility Bill, 2017
committee under Management Act, 2003 2. Debt to GDP ratio of 60% should be targeted with 40% limit
N K Singh for Centre and 20% for States, to be achieved by 2023
3. creation of an independent Fiscal Council
4. grounds on which govt can deviate from targets should be
clearly specified
5. govt may be allowed to be deviate because of national
security, calamity, major economic reforms, decline in real
output growth. However, deviations should not exceed 0.5%

2
B N Srikrishna 2017 Data protection framework committee also prepared a Draft Personal Data Protection Bill;
recommendations are
1. fiduciary relationship between individual and service provider
=> data to be used for authorised purpose only
2. personal data = data from which an individual may be
identified or identifiable
3 consent based data processing except for state's welfare
functions, court orders, save a life, employment contracts
4. right to access, confirm, correct data, right to object data
processing, right to be forgotten
5. creation of a regulatory authority - Data Protection Authority
6. Bill mandates localization of at least 1 copy of data in India
7. Sensitive personal data = password, religion, caste, financial
data, genetic data, etc; explicit consent of users reqd to process
this data except when Legislature or Judiciary requires it
8. transfer of data outside India only with govt or Authority
permission
9. requirements of conducting Data Protection Impact
Assessments, audit and appointment of Data Protection Officers
B N Srikrishna 2017 Making India hub of arbitration
Arbind Modi Panel 2017 Overhaul, simplify income tax laws
T K Viswanathan 2017 Fair Market Conduct (by SEBI) Related to insider trading
T K Viswanathan 2017 Curbing cybercrimes, especially hate
speech on the internet
Uday Kotak Panel 2017 Corporate governance Chairman of Board cannot be MD/CEO; at least 1 woman Board
independent director; min 6 directors in board; 50%+ to be
independent directors; mandate min qualifications for
independent directors and disclose their relevant skills; PSUs to
be governed by listing regulations and not nodal ministries; SEBI
to have powers to grant immunity to whistle-blowers; cos
should disclose and update all rating actions
Market Infra 2017 Review Market Infrastructure 1. only adequately capitalised public financial institutions and
Institutions Panel Institutions(stock exchanges, banks should be eligible to own upto 15-24% of stock exchanges
under R Gandhi depositaries, clearing corporations) in 2. depositaries and clearing corps should not own other classes
line with recommendation of Bimal of MIIs
Jalan Committee, 2012 that asked the 3. MIIs should not be listed on stock exchanges
regulator to conduct a review every 5
years

Janak Raj panel by 2017 Lending rates by banks; review MCLR 1. linking the bank lending rates to a market benchmark in order
RBI system to hasten monetary policy transmission; canbe linked to one of
following 3 - treasury bill rates, certificates of deposits rate or
repo rate
2. lending rates must be reset every quarter instead of once a
year as done currently
3. banks migrate all existing borrowers to the new proposed
regime without any charge or fees
4. study noted that banks indulge in malpractices which include
violation of RBI guidelines, inflating of base rate and arbitrary
adjustment of spreads
Justice B N 2017 making India arbitration hub 1. autonomous Arbitration Promotion Council
Srikrishna
K Rajeswara Rao 2017 frame new National Mineral Policy New Mineral Policy 2019 framed

3
Kasturirangan 2017 preparing final draft of New Education
Committee for Policy
education policy
Sumit Bose Panel 2017 use of Socio Economic and Caste
Census data for various programs of
the Ministry of Rural Development

Ratan Watal 2016 digital payment systems setting up of Payments Regulatory Board
Chitale 2016 on desiltation of Ganga from
Bhimgouda (UK) to Farakka (WB); by
MoWater Resources
Madhukar Gupta 2016 technological solutions to address
vulnerabilities in fencing along the
international border with Pakistan
T S Subramaniam 2016 New Education Policy 1. early childhood care and education for children from 4-5
years of age be declared a right to facilitate pre-school
education by govt schools
2. RTE Act 2009 to be amended to provide uniform norms for
recognition of both private and public schools. Currently infra
norms for only private sector schools are mentioned
3. use of scaled scores and percentiles instead of traditional
marking system
4. students should be given choice to select difficulty level of
Maths and Science exams; online on-demand board exams
5. policy of non-detention to be upheld only till class 5 instead of
current class 8
6. Autonomous Teacher Recruitment Board; teaching license
subject to renewal every 10 years
7. ICT in education
8. All India Education Service as an All India Service
Ajay Tyagi 2016 Financial Data Mgt Centre as a 1. Standardise data from all financial sector regulators in a single
statutory body database and provide analytical insights based on the data to
ensure stability in th economy
2. provide analytical support to the FSDC
D B Shekatkar 2016 on Army reforms aim to increase teeth to tail ratio; create 3 integrated theatre
Panel commands - northern for China, western for Pak and southern
for maritime borders
Mihir Shah 2016 India's water reforms : restructuring
the Central Water Commission and
Central Ground Water Board

National 2016 under Cabinet Secy; consequent to


Committee on India's ratification of WTO Trade
Trade Facilitation Facilitation Agreement; part of
mandatory institutional arrangement;
inter-ministerial body; secretariat in
CBEC

Mata Prasad 2016 by CERC on transmission of power


K S Valdiya 2016 Palaeo channel of North West India;
said that Saraswati river did exist

Narasimha Reddy 2016 one man committee on OROP

4
Chandra Babu 2016 digital payment systems
Naidu headed
panel
H R Khan 2016 development of corporate bonds FPIs be allowed to directly trade in corporate bonds; allow banks
to pledge corporate bonds as collateral with RBI (currently only
g-secs allowed)
Arvind panagariya 2016 Mumbai Ahmedabad High Speed rail

Deepak Mohanty 2015 on medium term path for financial


inclusion
V M Katoch 2015 to formulate a long-term policy and
strategy for promoting domestic
manufacture of Aactive Pharma
Ingredients/bulk drugs in India
Rakesh Mohan 2015 National Transport Development Policy 1. high level and independent Office of Transport Strategy
for development of various modes of
transport
Vijay Kelkar 2015 revitalising PPP model (in 2002, task force on direct and indirect tax reforms)
Ranjit Roy 2015 drug and clinical trials; reforms related
Chaudhary to MCI
Bibek Debroy 2015 mobilisation of resources for major
railway projects and restructuring of
railway ministry and railway board

A K Bhargava 2015 Net neutrality


Bibek Debroy 2015 mobilization of resources for major
railway projects and restructuring of
railway ministry and railway board

Anil Baijal 2015 framework to assess CSR activities rationale behind CSR legislation is not to generate financial
resources but to use corporate innovative ideas and
management skills in the delivery of ‘public goods’; No
additional mechanism for monitoring of CSR required as Board
and CSR Committee are accountable for own shareholders and
public at large
Chandra kokate 2015 fixed dose combination
Urjit Patel 2014 on strengthening Monetary Policy
Framework
KS Radhakrishnan 2014 road safety (formed by SC) 1. ban on sale of alcohol on highways
Xaxa 2014 on tribal affairs
P J Nayak 2014 on governance in bank boards recommended BBB to be free of govt interference; govt to cede
control of nationalized banks and cut its stake below 51%; form
an independent Banking Investment Company for corporatized
governance of PSBs; performance related pay structure and
incentives for upper mgt
Gopalkrishna 2014 capacity building in banks and non-
Committee RBI banks - to implement non-legislative
recommendations of FSLRC

5
Nachiket Mor 2014 on comprehensive financial services creation of payment banks and wholesale banks
for small businesses and low income
households; for financial inclusion

Sam Pitroda 2014 Prasar Bharti Expert Committee recommended autonomy to Prasar Bharati
Raghuram Rajan 2013 On state backwardness introduction of the "least developed states' category (based on
the10 equally weighted indicators for monthly per capita
consumption expenditure, education, health, household
amenities, poverty rate, female literacy, percentage of the
Scheduled Caste/Scheduled Tribe population, urbanisation rate,
financial inclusion and physical connectivity
Financial Sector 2013 to comprehensively review and redraw
Legislative the legislations governing India's
Reforms financial system
Committee under
B N Srikrishna
Bimal Jalan 2012 On MIIs
Doabia 2012 development of river basin and
changes required in the existing River
Board Act, 1956 for achievement of the
same
Justice A P Shah 2012 study privacy laws and make 1. new and comprehensive law
suggestions on proposed draft Bill on 2. appointment of privacy commissioners
Privacy 3. 9 principles of privacy to be followed by data controllers -
notice, choice and consent, collection limitation, purpose
limitation, access and correction, disclosure of info, security,
openness, accountability
Justice Verma 2012 amendments to the Criminal Law so as opined that death penalty should not be awarded for rape as it
to provide for quicker trial and does not act as a deterrant; life imprisonment instead
enhanced punishment for criminals
accused of committing sexual assault
against women
Pam Rajput 2012 status of women since 1989 1. passage of Womens' Reservation Bill
2. separate committee to study the status of Muslim women in
the country
3. MoWCD should be given Cabinet rank
Parthasarthy 2012 Tax administration reform commission; recommended deferring GAAR till 2016-17 along with abolition
Shome draw up final guidelines on GAAR of capital gains tax on transfer of securities

Sam Pitroda 2012 railway modernisation


Report
Anil Kakodkar 2012 high level railway safety review
Justice Verma 2011 on teacher education
Gadgil and 2011 on Western Ghats Kasturirangan report seeks to bring just 37% of the Western
Kasturirangan Ghats under the Ecologically Sensitive Area (ESA) zones — down
from the 64% suggested by the Gadgil report
Gopalkrishna 2011 report on info security, e-banking,
Committee RBI cyber frauds
Puncchi 2010 on Centre-State relations Sarkaria and Rajmannar on this issue too
Commission
S Sundar 2007 Road safety and traffic management

6
Jeevan Reddy 2005 review AFSPA recommended repeal of AFSPA
Sitakant 2004 inclusion of Bhojpuri (and Rajasthani)
Mohapatra Report languages in 8th Schedule
by UPSC
Malimath 2003 examining fundamental principles of
criminal law to restore confidence in
the criminal justice system

Indrajit Gupta 1998 Electoral reforms


Second Narsimhan 1998 Banking sector reforms 1. merger of strong banks that will have multiplier effect
Committee 2. 'narrow banking' concept where weak banks (facing high
NPAs) will be allowed to place their funds only in short term and
risk free assets
3. raise Capital Adequacy Ratio
4. reduce govt control over banks in the form of mgt and
ownership
5. review of banking laws
Tarapore by RBI 1997 Capital Account Convertibility
First Narsimhan 1991 Look into all aspects of financial system 1. reduction in SLR and CRR
Committee in India 2. redefining priority sector
3. deregulation of interest rates
Dinesh Goswami 1990 Electoral reforms
Goswami 1990 Electoral reforms
Narasimhan 1975 conceptualized RRBs
Working Group
Santhanam 1964 Prevention of corruption
Kothari/Indian 1963 all aspects of Indian education system
Education
Justice G Rohini sub-categorization of OBCs
Nilima Shirsagar fixed dose combination
T K Viswanathan Bankruptcy Law reforms recommends Insolvency and Bankruptcy Code passed by
Parliament in 2016 (Code is a collection of laws)
Anupam Verma Carry out technical review of 66 Recommended 13 pesticides to be banned, 27 to be reviewed in
pesticides that are banned, restricted, 2018 and 6 to be phased out by 2020
withdrawn in one or more countries
but continue to be registered in India

S K Mittal railways
Montek Ahluwalia creative financing for railways
Rustomji combating piracy and ICG
Naresh Chandra defense management
S Vijay Kumar NGOs

You might also like