Why deepak parekh committee was constituted?

Answer 1

Aim of the Deepak Parekh committee:

• To review the objectives, features and structure of US-64 scheme in the context of its role in the mobilisation of domestic savings and investment in the capital market.
• To review the policies of US-64 scheme relating to pricing and income distribution, having regard to the profile of existing investors of the scheme.
• To review the policies and procedures about the portfolio composition of the scheme as well as the asset management process.