The Ministry of Finance (MoF) is planning to place its representatives across all committees empanelled by capital market regulator Securities and Exchange Board of India (Sebi), it is learnt. The Department of Economic Affairs (DEA) has directed the market regulator to provide a list of all the committees constituted so far, according to sources.
The Sebi website shows a total of 33 committees. Of this, 21 are expert-panel committees related to fair market conduct, primary and secondary markets, mutual funds, cyber security, corporate governance, takeover panel, among others. At present, very few Sebi committees have finance ministry nominees. These are