Important Economic Committees in India
Listing below the Important Economic Committees in India. Reports of these committees are important in Indian Economy as well as Indian Polity.
Mahalanobis Committee
- Appointed in 1949
- Chaired by Prof. PC Mahalanobis
- To review Distribution of Income and levels of living
- Prof. Dr Gadgil and Dr. VKRV Rao as members
- First report presented in 1951.
Goswami Committee
- In 1990
- Headed by late Shri Dinesh Goswami
- For Proposals on electoral reforms
Abid Hussain Committee
- Headed by Abid Hussain
- On small scale Industries
- To review the implementation of the textile policy of June 1985.
Hazari Committe
- Headed by Dr. R. K. Hazari
- To review the Industrial Licensing System under Industries Development and Regulation Act, 1951.
- Report Submitted in 1967
Raja Chelliah Tax Reforms Committee
- Headed by Prof. Raja Chelliah
- To layout agenda for reforming India’s tax system
- Three reports submitted in 1991, 1992 and 1993 respectively.
Wanchoo Committee
- Headed by N. N. Wanchoo
- To examine and suggest legal and administrative measures for countering evasion and avoidance of direct taxes.
- Had recommended the demonetization of high value currency notes.
L K Jha Committee
- Headed by LK Jha
- For tax reforms
- Suggested introduction of value added tax (VAT) in India.
V S Vyas Committe
- Headed by Prof VS Vyas
- An RBI advisory committee on flow of credit to agriculture.
R V Gupta Committee
- Headed by R V Gupta
- In December 1997
- For suggesting measures for the removal of the constraints faced by the commercial Banks in increasing flow of credit to agriculture.
Suresh Tendulkar Committee
- Headed by Suresh Tendulkar
- In 2005 by planning commission
- To look into the people living under poverty line in India. (methodology of estimation of poverty)
- The current estimations of poverty are based upon the recommendations of this committee.
Malhotra Committee
- Headed by R N Malhotra
- To propose recommendations for reforms in the insurance sector.
- Report submitted in 1994
SS Tarapore Committee (एसएस िारापोर सममति)
- In 1997 headed by SS Tarapore
- The committee on Capital Account Convertibility (CAC)
- Constituted by the RBI for suggesting a road map on full convertibility of Rupee on Capital Account.
- Report submitted in 1997
Rangarajan Committee
- In 1993
- Headed by Dr. C. Rangarajan
- Constituted by the government for making recommendations in context with the disinvestment.
- Report submitted in June 2014.
Bhagwati Committee
- Headed by B. Bhagawati
- The final report focused on causes of farmer distresses and the rise in farmer suicides
- Recommended addressing them through a holistic national policy for farmers.
- Report submitted in 1973
Swaminathan Committee
- In 2004
- Headed by Prof. MS Swaminathan
- Constituted by the government of India to address the nation wide calamity of farmers suicides in India.
- The National Commission on Farmers (NCF).
- Five reports submitted through the period December 2004 – October 2006.
