Finance Ministry sets up technology advisory group

June 07, 2010 08:29 pm | Updated November 10, 2016 05:54 pm IST - New Delhi

B.Line Nandan Nilekani, chairman, Unique Identification Authority of India (UIDAI), Planning Commission, presents the CII Presidents Award to C.R. Swaminathan, Chief Executive, PSG Institutions watched by CII President Venu SrinivasanI,in the capital on 11-5-10 Pic-Kamal Narang

B.Line Nandan Nilekani, chairman, Unique Identification Authority of India (UIDAI), Planning Commission, presents the CII Presidents Award to C.R. Swaminathan, Chief Executive, PSG Institutions watched by CII President Venu SrinivasanI,in the capital on 11-5-10 Pic-Kamal Narang

The Union Finance Ministry on Monday set up a seven-member committee headed by UIDAI chairman Nandan Nilekani to advise the government on a host of IT initiatives in various areas such as income tax, the new pension system (NPS), and the proposed Goods and Services Tax (GST).

Announcing the setting up of the Technology Advisory Group for Unique Projects (TAGUP), an official statement said the group has been given a time frame of six months to submit its report and make recommendations on the roadmap to roll out five projects — the tax information network (TIN), the NPS, the National Treasury Management Agency (NTMA), the expenditure information network (EIN), and the GST.

“These five projects alone have immense transformative power and will change the country's growth trajectory. The challenge is to find ways to rapidly roll out these complex systems, to achieve and to sustain high levels of reliable performance,” the Ministry said in the statement.

The committee, the statement said, has been constituted in pursuance of Finance Minister Pranab Mukherjee's Budget Speech 2010-11, in which he proposed to set up the TAGUP under the chairmanship of Mr. Nilekani “for an effective tax administration and financial governance system through the creation of IT projects which are reliable, secure and efficient.”

Accordingly, the committee is expected to suggest a roadmap to roll out these systems along with any changes in legal and regulatory requirements that may be needed for the purpose. It has also been asked to suggest technology architecture, including the possibility of introducing open protocols to implement these projects.

Apart from Mr. Nilekani, the other members of the committee are SEBI chairman C.B. Bhave, IT Secretary R. Chandrasekhar, former chairman PFRDA Dhirendra Swarup, former Member (CBDT) S.S. Khan, former Member (CBEC) P.R.V Ramanan, and president of the ICICI Foundation for Inclusive Growth Nachiket Mor.

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