Question : EXPENDITURE REFORMS COMMISSION



(a) whether Expenditure Reforms Committee(ERC) has submitted its reports to the Government in regard to Indian Investment Centre;

(b) if so, the details of the recommendation made in the report;

(c) whether the Government has accepted the recommendations suggested by the Commission; and

(d) if not, the reasons therefor and if so, the details thereof ?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF FINANCE (BALASAHEB VIKHE PATIL)

(a) to (d) : The Expenditure Reforms Commission (ERC) has presented reports concerning restructuring of the Department of Economic Affairs (DEA) in the Ministry of Finance. This report also covers the redefined role, functions and restructuring of the Indian Investment Centre (IIC). The recommendations of the ERC are under the consideration of the Government.