The Kelkar proposals which were in the news recently were the

The correct answer is B because the Kelkar Task Force, headed by Vijay Kelkar, was specifically constituted by the Government of India to recommend comprehensive reforms in the tax structure. The committee focused on both direct and indirect taxes, aiming to simplify tax laws, widen the tax base, and improve tax administration to enhance revenue collection. Their proposals included significant changes to personal income tax, corporate tax, and the eventual implementation of a Value Added Tax system. While Vijay Kelkar chaired other committees later on, such as those related to Public Private Partnerships, the Kelkar proposals most famously associated with major structural shifts in the Indian economy refer to tax reforms.