Among other things, which one of the following was the purpose for which the Deepak Parekh Committee was constituted?
- ATo study the current socio-economic conditions of certain minority communities
- BTo suggest measures for financing the development of infrastructureCorrect
- CTo frame a policy on the production of genetically modified organisms
- DTo suggest measures to reduce the fiscal deficit in the Union Budget
Explanation
The Deepak Parekh Committee, formally known as the High Level Committee on Financing Infrastructure, was constituted by the Government of India to address the significant funding gaps in the infrastructure sector. The committee was tasked with reviewing existing financing methods and suggesting innovative measures to attract long term investments, particularly through Public Private Partnerships and debt markets. Its primary objective was to ensure a steady flow of capital for large scale projects like roads, power, and ports to sustain economic growth. Therefore, option B is the correct answer.
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