Focus Merit

Category: Committees

D. P. Singh Committee: To explore ways to attract more students to study in India

July 26, 2020
students
  • The HRD Ministry has set up a committee to form guidelines and suggest measures to ensure that more students study in India and there is a smooth transition for students returning from abroad due to COVID-19 situation.
  • The committee headed by D. P. Singh, chairman of the University Grants Commission (UGC).The committee will present its report within 15 days.

RBI starts Report of Committee For Analysis of QR Code led by Prof. Deepak B Phatak

July 24, 2020
Reserve Bank Of India (RBI)

  • On July 24, 2020, the Reserve Bank of India (RBI) publicized the “Report of the Committee for Analysis of QR (Quick Response) Code” under the leadership of Prof. Deepak B. Phatak on its website for comments/suggestions of various industry players.
  • The committee has advised phasing out of proprietary, closed-loop QR codes as it requires customers to manage separate apps.
  • The committee was constituted by RBI on 23rd december 2019.

SEBI Revamps advisory committee on mutual funds

July 13, 2020
SEBI

  • The Securities and Exchange Board of India (SEBI) has re-constituted its advisory committee on mutual funds that advises the capital markets regulator on matters related to regulation and development of the mutual fund industry.
  • The revamped advisory committee on mutual funds has 20-member and will be headed Usha Thorat, former deputy governor of Reserve Bank of India (RBI).

Roles & Responsibilities of the committee:

  • Issues related to regulation and development of the mutual fund industry.
  • Disclosure requirements and measures required for a change in the legal framework to introduce simplification and transparency in mutual fund regulations

NGT Forms Committee chaired by Justice BP Katakey to investigate Assam Gas Leak

June 27, 2020
fire
  • The National Green Tribunal(NGT) has exacted an interim fine of Rs 25 crore on PSU major Oil India over its failure to control fire in Assam’s Baghjan oil well resulting in harm to the atmosphere. Well, number 5 at Baghjan in Tinsukia district, has been spreading gas uncontrollably for the last 27 days and it caught fire on June 9, killing two of OIL’s firefighters at the site.

MoHFW makes committee to reform Drug Regulatory System

May 24, 2020
Drug
  • The Ministry of Health and Family Welfare (MoHFW) has formed a committee to reform the Drug Regulatory System.
  • The committee includes 11 members including the senior health officials, scientists and representatives of the pharmaceutical industry and is headed by Rajesh Bhushan.