Surjit Bhalla Committee Flashcards
1
Q
Why is this committee established ?
A
Boosting India’s share and importance in global merchandise services trade (Trade and Policy)
2
Q
Who has appointed it ?
A
Ministry of Corporate Affairs under it Dept of Commerce
3
Q
What type of bonds have been recommended ?
A
ELEPHANT BONDS
4
Q
What are elephant bonds ?
A
These are 25yr sovereign bonds in which ppl declaring undisclosed income will be bound to invest 50%, which will be utilised only for infrastructure projects
