The railway board has initiated the process of reviewing the flexi-fare system in premium trains by comparing the prices with that of other modes of transport. The six-member committee will review the system and submit a report in 30 days.
The new Defence Procurement Procedure (DPP) - 2016 was implemented from 01.04. 2016. It lays the roadmap on how India, the world’s largest arms importer, will acquire defence equipment.
DPP 2016 replaces the Defence Procurement Procedure 2013 (DPP 2013)
The Union Ministry of Defence (MoD) constituted 13-member Raksha Mantri Advisory Committee on Ministry of Defence Capital Projects (RMCOMP) headed by former secretary Vinay Sheel Oberoi. The committee will monitor and expedite capital acquisition projects for modernization of armed forces… (168 more words) …
‘Linking of rivers’ aims at transferring water from water surplus basins to water-deficit basins. Based on National Perspective Plan (NPP) prepared by the then Ministry of Irrigation, now Ministry of Water Resources, River Development & Ganga Rejuvenation (MoWR, RD, &… (964 more words) …
Government has set up National Security Commission for going into all high-level appointments in the Central and State forces and ensuring transparency and rationale in them. Prior to the formation of the NSC, these activities were overseen by the Principal… (290 more words) …
A Committee of Experts (CoE) constituted by Ministry of Defence under the chairmanship of Lt Gen (Retd) DB Shekatkar recommend measures to enhance combat capability and rebalance defence expenditure of the armed forces.
Jadhav guidelines were supposed to be followed for calculating due allocations for SCs and STs for the current year. The allocation is done as per the guidelines of Dr. Narendra Jadhav Committee constituted by the erstwhile Planning Commission.
The National Commission for Minorities (NCM) set up three-member committee to study minority status of Hindus in 8 states where their population is less than 50%. Committee led by NCM’s Vice Chairman George Kurien has been given three months to… (423 more words) …
Union Government constituted high-level committee headed by NITI Aayog Chief Executive Amitabh Kant for addressing problem of Non-performing assets (NPAs) or stressed assets in power sector.
Kofi Annan Foundation and the Office of the State Counsellor established an Advisory Commission on Rakhine State which produced its recommendation in August 2017. Bangladesh Prime Minister Sheikh Hasina floated five-point peace proposal at United Nations- one of the points… (1127 more words) …
21-member committee on corporate governance headed by banker Uday has submitted its report to the Securities and Exchange Board of India (SEBI). Panel was constituted by SEBI in June 2017 and given four months to submit recommendations.
Expert committee headed by former Lok Sabha secretary general TK Viswanathan suggested steps to deal with cybercrimes especially online hate speech in its report to Union Home Ministry.
The Fourth Session of the India-Tanzania Joint Trade Committee meeting was held in New Delhi, on 29th September 2017. Following are important points of the meeting: India and Tanzania enjoy close and cordial relations due to shared history of… (321 more words) …
The union government has notified the constitution of Monetary Policy committee (MPC). With this the RBI (Reserve Bank of India) Act, 1934 stands amended by the Finance act, 2016. With this,The purpose of new MPC is to provide institutional framework… (147 more words) …
The Union Government has constituted a time bound committee which is inter disciplinary which has come up with an action plan with virtual currencies so as to fix the regulatory gaps in the existing framework governing virtual currencies. The committee… (254 more words) …
The Union Cabinet chaired by Prime Minister Narendra Modi approved setting up of NSEBC as a Constitutional body. The constitutional amendment bill for amending Constitution mainly by insertion of Article 338B will be soon introduced in the Parliament.
Madhukar Gupta Committee on border protection has submitted its report to the Home Minister Rajnath Singh. It was constituted to suggest recommendations for strengthening border protection and addressing. It studied security and threats at Border States of
M. Damodaran Committee Purpose: Customer Service in Banks,The committee, headed by former SEBI chief M Damodaran, has proposed a slew of consumer-friendly measures. RBI set up the committee and if the recommendations are accepted, Bank account holders can expect better… (832 more words) …
Omkar Goswami Committee Purpose: Industrial Sickness and Cooperate Restructuring Power to make recommendations: Election Commission shall have the power to make recommendations to the appropriate authority
(a) To refer any matter for investigation to any agency specified by the… (811 more words) …
Raja Chelliah Committee Purpose: Tax Refoms Raja Chelliah Committee recommendations: Reforming the personal taxation system by reducing the marginal tax rates.Reduction in the corporate tax rates.
Rangarajan Committee Purpose: Public Sector Disinvestment.Recommendations of the Rangarajan Committee:Adopting the trade parity principle for pricing of petrol and diesel, based on a weighted average of the import parity and the export parity prices in the ratio… (388 more words) …
Khusro CommitteePurpose: Agricultural Credit, The Committee under the leadership of Prof. A.M.Khusro was to examine the problems of agricultural and rural credit, take stock of structural and operational deficiencies, constraints, quantitative and qualitative gaps and recommend major systemic… (208 more words) …
Malhotra Committee Purpose: Insurance Sector Reforms Recommendation:Government stake in the insurance companies to brought down to 50%.Government should take over the holdings of GIC and its subsidiaries so that these subsidiaries can act Independent Corporation
Besides the major committees that we have already covered in the various updates, here are few other major committees that would prove beneficial for aspirants in long run. The major committee and their main purpose has been highlighted in the… (223 more words) …
Tata Steel pledged to stay in Britain with a 10-year commitment to a one-billion-pound investment plan. Shares surged 5% after the company committed. The Indian steel giant has offered a number of guarantees to its staff at Port Talbot steelworks… (215 more words) …
To promote the use of digital payment systems to encourage transparency and financial inclusion, and prepare a road map in this regard, the Modi government has formed a committee to look into the matter, headed by Andhra Pradesh Chief Minister… (240 more words) …
A.K.Khandelwal Committee Purpose: HR Issues of Public Sector Banks About Committee:Government constituted a Committee on Human Resources issues of Public Sector Banks (PSBs) under the Chairmanship of Dr. A.K. Khandelwal.
Committee made 105 recommendations on matters related to… (218 more words) …
L.C. Gupta Committee Purpose: Financial Derivatives Separation of Cash and Derivative Segment of an Exchange and its Clearing House/Corporation.The Dr. L.C Gupta Committee on Derivatives had permitted exiting stock exchanges having cash trading to trade in derivative contracts through… (337 more words) …
R. Jilani CommitteePurpose: Inspection System in Banks Jilani committee recommendations Broad guidelines to establish accountability for inspectors/auditors should laid down.A copy of the booklet incorporating RBI circulars to supplied to each inspecting/audit official by inspection and audit department periodically… (401 more words) …
Tandon Committee Purpose: Follow Up Of Bank Credit The observation and recommendations made by Tandon committee were:Norms: The committee suggested 15 industries excluding engineering industries. These norms suggested in following forms:
Raghunath Anant Mashelkar PanelPurpose: To recommend best technologies for Prime Minister Narendra Modi’s “Swachh Bharat” national sanitation campaign. More about Committee:Scientist Raghunath Anant Mashelkar, former director general of the Council of Scientific and Industrial Research, has named the… (458 more words) …
Justice SB Sinha (One Member Commission) Purpose: To Probe 2006 Meerut Fire Tragedy.A Supreme Court bench comprised of Justice V. Gopala Gowda and Justice Dipak Misra appointed former Judge S.B. Sinha to probe the 2006 Meerut fire tragedy, which claimed… (363 more words) …
H.R.Khan PanelPurpose: To evaluate unclaimed PPF and Post Office Savings.The finance ministry has set up a committee under Reserve Bank of India (RBI) deputy governor HR Khan to examine unclaimed deposits lying in the popular Public Provident Fund… (316 more words) …
K.V. Kamath Panel Purpose: To examine the financial architecture for Micro, Small and Medium Enterprises (MSME) sector. Recommendations of committe:The Finance Ministry has appointed a 15-member committee under the Chairmanship of ICICI Bank Chairman K V Kamath to examine… (414 more words) …
Pratyush Sinha Committee Purpose: To assess compensation for coal blocks Prime Minister, Mr. Narendra Modi okayed the recommendations of Pratyush Sinha Committee regarding the division of All India Service Officers in A.P. and Telangana. The meeting of the committee held… (426 more words) …
Nachiket Mor CommitteePurpose: To permit NBFC is to work as Business correspondence Key Recommendation Providing a universal bank account to all Indians above the age of 18 years by January 1, 2016. To achieve this, a vertically differentiated banking… (377 more words) …
Deepak Mohanty Committee Purpose: Data and Information Management in the RBI Key recommendations Augment the government social cash transfer in order to increase the personal disposable income of the poor. It would put the economy on a medium-term sustainable inclusion… (369 more words) …
R S Sharma Expert CommitteePurpose: To review the Company (Cost Records and Cost Audits) Rules 2014 The Composition of the Committee:R. S. Sharma, former Chairman and Managing Director, ONGC - Chairman
R.K. Jain, Additional Secretary, Ministry of Health… (323 more words) …
Bimal Jalan CommitteePurpose: To head the Expenditure Management Commission.About Bimal Jalan Committee The Bimal Jalan panel, which is scrutinizing applications for new bank licenses, will hold a meeting on 10 February.
The committee held its first meeting on… (416 more words) …
Sivaramakrishnan Committee Purpose: Submit Report to build the capital city for Andhra Pradesh.The main highlights of the committee’s report:It is justified to give SoP for Andhra Pradesh to help the state in economic deficit.
H Devaraj Committee Purpose: Report most deemed university. Main findings of the Committee: Many institutions were accorded deemed university status on certain conditions, against the Union Grants Commission (UGC) Act, 1956 which does not allow conditional notification.
Ajay Shankar Committee - Purpose: To review functioning of PPP Cell. Key Functions: Introduction of credible third-party certification in most areas of regulation to cut down on multiple permissions needed by investors.
Adopting global best practices for emission… (285 more words) …
Union Agricultural Ministry constituted a High-Level Munialappa Committee to monitor the situation of bird flu and help state governments take steps to curb the disease. Committee is headed by Joint Commissioner in the Department of Animal Husbandry, Dairy, and Fisheries… (291 more words) …
Three economists Pami Dua, Chetan Ghate, and Ravindra Dholakia are appointed as the external appointees on the Monetary Policy Committee (MPC) by Appointments Committee of Cabinet (ACC) for four year term.
Now with this, MPC has three Reserve Bank of… (310 more words) …
MSK Prasad the former wicketkeeper is appointed as the head of selection committee by the BCCI (Board of Control for Cricket in India) he will succeed Sandeep Patil who had played 29 Tests and 45 ODIs for India, whereas new… (267 more words) …
The Madhukar Gupta Committee on border protection has submitted its report which include detailed study on risk management and recommendations of border protection other issue such as gaps and perviousness in border fencing Border to the Union Ministry Home Affairs… (208 more words) …
Abhinav Bindra India’s first and only individual Olympic gold-medalist is going to head the five-member review committee constituted by National Rifle Association of India (NRAI) to probe the Indian shooters’ Rio Games debacle.
