1. These are some of the groups which have gone into the issues like feasibility of setting up a body corporate for managing small saving funds, aspects of interest rates, tax treatment, pension problems, the macro-economic implications of the fiscal burden of these schemes etc., and came out with issue-specific suggestions. [^1] ## Groups/Committees 1. September 1998 - Committee on Small Savings, 1998 (Chairman: Shri R.V. Gupta, former Deputy Governor of RBI) - Govt. of India 1. The aim was to review various parameters of small savings schemes. 2. It recommended that this issue "of operation of small savings through a separate body corporate" and the effect on collections be examined in all its ramifications before a final decision is taken. 2. Feb, 1999 - Committee on Small Savings, 1999 (Chairman: Shri R.V. Gupta) - Govt. of India 1. Given the above recommendations, the Govt. of India formed another committee in January, 1999 2. The objective was to work out the modalities of transfer of the work of small savings to an organisation outside the Government of India 3. 2000 - Study Group on Small Savings, chaired by R. K. Mathur. 4. [January 11, 2000](GoI_Report-Committee-20010111_Project%20OASIS%20Expert%20Committee%20for%20Devising%20a%20Pension%20System%20in%20India_Chairman-S.%20V.%20Dave.pdf) - Report of the Project OASIS Expert Committee for ‘Devising a Pension System in India’ (Chairman: S.A. Dave) - Ministry of Social Justice and Empowerment, Govt. of India (*also called Project OASIS report*) 5. 1997 & May 2001 - Report of the Advisory Group on Tax Policy and Tax Administration for the 9th (1997) and 10th (2001) Five-Year Plans (Chairman: Dr. Parthasarathi Shome) - Govt. of India 6. [September 17, 2001](https://rbi.org.in/scripts/BS_ViewBulletin.aspx?Id=3190) - Expert Committee to review the system of administered interest rates and other related issues (Chairman: Dr. Y.V. Reddy, the then Deputy Governor of the RBI) - Govt. of India 1. It was set up on April 19, 2002 2. The aim was to explore a better system for determination of interest rates on the small saving schemes 7. [May 31, 2004](https://rbidocs.rbi.org.in/rdocs//PublicationReport/Pdfs/55456.pdf) – Advisory Committee to Advise on the Administered Interest Rates and Rationalisation of Saving Instruments (Chairman: Dr. Rakesh Mohan, the then Deputy Governor, Reserve Bank) - Govt. of India 8. February 2002 – High Level Expert Group (HLEG) on Pension, submitted the report on 'New Pension System' (Chairman: B. K. Bhattacharya) 1. It provided a road map for introducing new pension system for new recruits entering government. 9. [Sept 12, 2008](RBI_Report:Committee_20080912_Committee%20on%20Financial%20Sector%20Reforms_2008_A%20Hundred%20Small%20Steps_Chairman-Raghuram%20Rajan.pdf) – Committee on Financial Sector Reforms (Chairman: Dr. Raghuram G. Rajan) - Govt. of India 10. [June, 2011](https://dea.gov.in/files/other_reports_documents/Report_Committee_Comprehensive_Review_NSSF.pdf) – Report of the Committee on Comprehensive Review of National Small Savings Fund - Govt. of India 11. [Jan 7, 2014](https://rbi.org.in/scripts/PublicationReportDetails.aspx?UrlPage=&ID=727) – Committee on Comprehensive Financial Services (Chairman: Dr. Nachiket Mor) - RBI [^1]: RBI. (Nov 12, 2001). ==Report of the Expert Committee to Review the System of Administered Interest Rates and Other Related Issues==. [Link](https://rbidocs.rbi.org.in/rdocs/Bulletin/PDFs/24595.pdf) | [pdf](RBI_Group-Committee_20011112_Report%20of%20the%20Expert%20Committee%20to%20Review%20the%20System%20of%20Administered%20Interest%20Rates%20and%20Other%20Related%20Issues_Chairman-Y.%20V.%20Reddy.pdf)