- Kelkar Committee: It was set up in 2002 to suggest reforms in India's tax system. It recommended the implementation of the Goods and Services Tax (GST) and recommended a reduction in tax exemptions and rates.
- Rangarajan Committee: It was set up in 2012 to look into poverty estimation and measurement. It recommended a new methodology for poverty estimation and suggested that the poverty line be revised to reflect the higher cost of living in urban areas.
- Urjit Patel Committee: It was set up in 2013 to review and revise the monetary policy framework of the Reserve Bank of India (RBI). The committee recommended that the RBI adopt a flexible inflation targeting regime.
- Vijay Kelkar Committee: It was set up in 2015 to look into the implementation of the Fiscal Responsibility and Budget Management (FRBM) Act. The committee recommended that the government reduce its fiscal deficit to 3% of GDP by 2017-18.
- Bimal Jalan Committee: It was set up in 2019 to review the Economic Capital Framework of the Reserve Bank of India. The committee recommended that the RBI transfer more funds to the government from its reserves, which led to a controversy.
- Tendulkar Committee: It was set up in 2005 to review the methodology for poverty estimation. The committee recommended a new methodology for poverty estimation that was based on a minimum consumption requirement of 2,400 calories per day in rural areas and 2,100 calories per day in urban areas.
- Chakravarty Committee: It was set up in 1985 to look into the issue of tax evasion. The committee recommended the introduction of a wealth tax, the removal of tax exemptions, and the simplification of the tax system.
- Narasimham Committee: It was set up in 1991 to review the financial system in India. The committee recommended the establishment of the Securities and Exchange Board of India (SEBI), the creation of asset reconstruction companies, and the introduction of prudential norms for banks.
- Raghuram Rajan Committee: It was set up in 2014 to look into the state of financial inclusion in India. The committee recommended measures to promote financial inclusion, including the creation of payment banks and small finance banks.
- Financial Sector Legislative Reforms Commission (FSLRC): It was set up in 2011 to review the legal framework for the financial sector in India. The committee recommended the creation of a unified financial regulator, the repeal of existing laws, and the introduction of new laws to regulate the financial sector.
- T.K. Viswanathan Committee: It was set up in 2015 to review the legal framework for arbitration in India. The committee recommended the creation of a new institution for the resolution of commercial disputes, the establishment of a code of ethics for arbitrators, and the simplification of the arbitration process.
- Sachar Committee: It was set up in 2005 to review the social, economic, and educational status of Muslims in India. The committee recommended measures to promote the social and economic development of Muslims, including affirmative action in education and employment.
- Shanta Kumar Committee: It was set up in 2014 to review the functioning of the Food Corporation of India (FCI). The committee recommended the restructuring of the FCI, the decentralization of food procurement, and the introduction of cash transfers in place of food subsidies.
- Raghavan Committee, which was set up in 1999 to review the Monopolies and Restrictive Trade Practices (MRTP) Act, 1969. The committee recommended the repeal of the MRTP Act and the introduction of a new competition law that would be more effective in promoting competition and preventing anti-competitive practices. The Raghavan Committee's recommendations formed the basis for the Competition Act, 2002, which was passed by the Indian Parliament and came into force on May 20, 2003.
