The committee will also suggest alternative investment options like venture capital funding in the film and entertainment sector.
The other members of the committee are Pawan Chopra, secretary, information and broadcasting ministry; Vinai Rai, additional secretary, banking; S N Menon, special secretary, commerce ministry; and KV Kamath, chief executive officer, ICICI.
The industry representatives, who will be included in the committee, are Shekhar Kapoor, Manmohan Shetty and Sandeep Bedi.
The committee is expected to submit its report within the couple of months. Its recommendations might be included in the Budget for 2004-05, sources said.
