The committee will submit a report to the Finance ministry every six months.
The TReDS will be an authorised payment system and will also be subject to the oversight of the Reserve Bank of India under the Payment and Settlement Systems (PSS) Act, 2007.
National Manufacturing Competitiveness Council (NMCC) has been set up by the Government to provide a continuing forum for policy dialogue to energise and sustain the growth of manufacturing industries in India.
Incubated and supported by the incubation cell at IIT Madras, Ather was started by Tarun Mehta and Swapnil Jain in 2013 with a mission to accelerate the adoption of electrical vehicles in India.
According to the recently released World Bank’s ‘Doing Business 2015’ report, India is ranked low at 142 out of 189 countries in the overall ease of doing business.
In a recent written reply to a question in Lok Sabha,Minister of State, Micro, Small and Medium Enterprises, Giriraj Singh informed about the EDP program and its achievements.
The committee would consist of senior officials from all the ministries.
He speaking after inaugurating a rice mill in Akodhigola in Rohtas district.
The RBI's next policy review is in early February, and most analysts expect the central bank would either cut interest rates then or wait until April.
The AIFs that were registered with SEBI in November are Religare Dynamic Trust, Indus Way Emerging Market Fund and Carpediem Capital Partners Fund and those registered in October are Singular India Opportunities Trust.