Focus Merit

Category: Committees

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

July 26, 2020

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

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

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

IRDAI makes group to find space for selling Surety Bonds led by G. Srinivasan

July 3, 2020

The Insurance Regulatory and Development Authority of India (IRDAI) has formed a nine-member working committee to see at the chance of Indian non-life insurers offering Surety Bond to contractors.

Home Ministry makes national level committee for reform in criminal law; led by Ranbir Singh

July 2, 2020

The Ministry of Home Affairs (MHA) has formed a national level committee for reform in criminal law, chaired by Ranbir Singh (Vice-Chancellor, National Law University, Delhi). The consultation exercise would begin on July 4 and go on for the next three months.

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

June 27, 2020

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.

PM Modi designates committee headed by Rajnath Singh for MSME loan scheme implementation

June 3, 2020

Prime Minister Narendra Modi has selected a committee headed by Rajnath Singh to fix any problem in the implementation of the Rs 3 lakh crore collateral-free loan scheme for MSMEs.

Mohandas Pai to lead IBBI advisory committee on service providers

June 1, 2020

The Insolvency and Bankruptcy Board of India (IBBI) has managed its advisory committee on service providers and it would now be led by Manipal Global Education Services Chairman T V Mohandas Pai.

MoHFW makes committee to reform Drug Regulatory System

May 24, 2020

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.

Govinda Rajulu Chintala selected as chairman of NABARD

May 21, 2020

The Appointments Committee of the Union Cabinet has selected Govinda Rajulu Chintala as the Chairman of National Bank for Agriculture and Rural Development (NABARD).