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