PRESENTATION

NAME - SURAJ CHOUDHARY

REG. NO. – 2019BBA 26
SUBJECT – INDIAN ECONOMIC THOUGHT
COURSE – BBA 4TH SEM
 VIJAY KHELKAR

Dr. Vijay Kelkar is one of India’s pre-eminent economists. He is a former Finance

Secretary and was Chairman of the Thirteenth Finance Commission of India. For his
services to the country, he was awarded the Padma Vibhushan, India’s second-highest
civilian award, in January 2011. Known as the architect of the GST, Dr. Kelkar was
Advisor to the Minister of Finance (2002-2004). He was the Finance Secretary in 1998-
99, and in 1999 he was nominated as Executive Director of India, Bangladesh, Bhutan
and Sri Lanka on the Board of the International Monetary Fund. Besides, he has held
various notable positions in government, public and private sectors.
Dr. Kelkar is also Chairperson of a committee constituted by the
Government of India on revisiting & revitalizing the PPP model of
infrastructure development, and Chairman for a Committee constituted
by the Government of India to prepare a roadmap for enhancing the
domestic production of oil and gas with sustainable reduction in import
dependency by 2030. He has also been Chairman of the Indian Statistical
Institute and the India Development Foundation. He holds a B.E. from
the College of Engineering Pune, India, a M.S. from the University of
Minnesota, U.S., and a Ph.D. in Economics from the University of
California, Berkeley.
 Kelkar committee on PPP in India

Kelkar committee to evaluate PPP(Public-Private Partnership) in

India was a committee set up to study and evaluate the extant public-
private partnership (PPP) model in India. The committee was set up by
India's central government and headed by Vijay Kelkar. The committee
was set up following 2015 Union budget of India by the then finance
minister of India Arun Jaitley. It comprised 10 members. The
committee submitted its recommendations to Jaitley on 19 November
2015.
Tax Forces on Direct and Indirect Taxes

In order to initiate the process of tax reforms, Finance Minister Jaswant Singh set up
Vijay Kelkar Task Force with the objective of rationalizing cumbersome tax structure so
as to reverse the deteriorating trend in public GDP finances, improve tax-ratio by
making the tax administration simple and meaningful and also to make the tax base
wide with low rates.
While presenting the first batch of supplementary demands for grants to parliament in July
2003, the Finance Minister had proposed the setting up of two Task Forces so as to
recommend measures for simplification and rationalisation of direct and indirect taxes.
Accordingly, two task forces were set up in September 2002 under the chairmanship of Dr.
Vijay L. Kelkar, Advisor to Minister of Finance and Company Affairs.
• As per the terms of reference, the Task
Force on Direct Taxes was required to
submit a consultation paper to the
Government containing its
recommendation on rationalisation and
simplification of direct taxes,
improvement on tax payer services and
redesigning procedures for
strengthening enforcement.
• The Task Force on Indirect Taxes was
mandated to make recommendations
on reduction, recommendations on
simplification, reduction in the cost of
compliance of Customs and central
excise duties, automation of tax
administration, simplification of
statutory returns, records, procedures
for time-bound disposal of matters and
different aspects of legal provisions for
facilitating tax payers and also to
improve tax compliance.
Thank You