Indian Economy
The Ex-Officio Secretary of National Development Council is:

Secretary of Finance Ministry
General Secretary of Lok Sabha
Vice Chairman of Planning Commission
Secretary of Planning Commission

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Indian Economy
In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines

to reduce the freedom given to banks to rationalize their existing branch network
to govern entry of new private sector banks to make the banking sector more competitive
to lend more easily for industrial development
to setup more foreign exchange banks

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