The parliamentary panel headed by the Congress MP M Veerappa Moily, will review the all budgetary reforms.
The panel move comes after the Congress termed the decision to merge the two budgets as “cosmetic, superficial and non-substantive changes”.
Besides the budget, the panel has also selected to review the disinvestment policy, banking sector in the country, Reserve Bank of India’s emerging role and its framework.
The committee will also review the performance of regulatory bodies — Securities Board of India (SEBI), Competition Commission of India (CCI) and Insurance Regulatory and Development Authority (IRDA).
Similarly, the performance of other bodies — Stock Holding Corporation of India Ltd (SHCIL), National Payments Corporation of India (NPCI), Investor Education and Protection Fund (IEPF) and Serious Fraud Investigation Office (SFIO), will also be reviewed.
The panel will also evaluate the National Sample Survey Office (NSSO), Central Statistical Office(CSO)and streamlining of statistics collection machinery in the country.
Sourced from agencies, Feature image courtesy: www.livemint.com
