Committees and reports play a crucial role in shaping India’s governance, economy, and policy framework. These committees, formed by the government, RBI, SEBI, or other institutions, provide recommendations that lead to reforms and major decisions. Here is a detailed list of some of the most important committees and reports in India.

1. Economy and Banking Committees
1.1 Narasimham Committee (1991 & 1998)
- Purpose: Banking sector reforms
- Key Recommendations:
- Reduction of Non-Performing Assets (NPAs)
- Mergers of banks for financial stability
- Introduction of Basel norms for risk management
1.2 Kelkar Committee (2002)
- Purpose: Tax reforms in India
- Key Recommendations:
- Simplification of tax structure
- Elimination of exemptions in personal and corporate tax
- Introduction of GST
1.3 Urjit Patel Committee (2014)
- Purpose: Strengthening monetary policy framework
- Key Recommendations:
- Introduction of an inflation-targeting approach
- Formation of the Monetary Policy Committee (MPC)
Important Boundary Lines of the World
2. Governance and Administrative Reforms Committees
2.1 Sarkaria Commission (1983)
- Purpose: Centre-State relations
- Key Recommendations:
- Governor should act as a bridge between the Centre and State
- More autonomy to states in legislative matters
2.2 Punchhi Commission (2007)
- Purpose: Revisiting Centre-State relations
- Key Recommendations:
- Equal distribution of power between Centre and State
- Changes in the role of the Governor
2.3 2nd Administrative Reforms Commission (ARC) (2005)
- Purpose: Administrative Reforms
- Key Recommendations:
- E-governance for transparency
- Citizen-centric governance
- Police and judicial reforms
3. Financial Sector and Taxation Committees
3.1 Vijay Kelkar Committee (2012)
- Purpose: Fiscal consolidation
- Key Recommendations:
- Reduction in fiscal deficit
- Increase in public sector investments
3.2 Malhotra Committee (1993)
- Purpose: Insurance sector reforms
- Key Recommendations:
- Privatization of insurance sector
- Setting up of the Insurance Regulatory and Development Authority (IRDAI)
4. Social Reforms and Education Committees
4.1 Kothari Commission (1964-66)
- Purpose: Education reforms
- Key Recommendations:
- Introduction of 10+2+3 education system
- Common school system across India
4.2 Verma Committee (2012)
- Purpose: Strengthening laws for women’s safety
- Key Recommendations:
- Stricter laws for crimes against women
- Fast-track courts for speedy justice
5. Defense and Security Committees
5.1 Shekatkar Committee (2016)
- Purpose: Defense reforms
- Key Recommendations:
- Modernization of armed forces
- Strengthening of border security
5.2 Kargil Review Committee (1999)
- Purpose: Strengthening national security post-Kargil war
- Key Recommendations:
- Creation of Chief of Defence Staff (CDS)
- Strengthening of intelligence agencies
Conclusion
The committees and reports mentioned above have played a crucial role in India’s governance, financial stability, defense, and administration. Their recommendations have shaped several policies and reforms that continue to impact the nation.
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