Surjith Bhalla committee

Question 1

Why is Surjith Bhalla committee constituted ?

Answer 1

1) For recommendations to boost India’s share and importance in global merchandise and services trade
2) To boost export and investment channels for exports

Question 2

Who has set it up ?

Answer 2

Dept of Commerce

Question 3

What type of bonds has the committee recommended ?

Answer 3

Elephant bonds – 25yr sovereign bonds in which ppl declaring undisclosed income will be bound to invest 50% which is to be utilized only for infrastructure projects