The Alternative Investment Policy Advisory Committee Report -Shri Narayan Murthy
The Advisory Committee on Alternative Investment Policy, constituted by the SEBI under the chairmanship of Shri N. R. Narayana Murthy, was mandated to make recommendations on various aspects of the alternative investment and start up ecosystem in India. Their key recommendations included improving the tax pass-through system, unlocking domestic capital resources, promoting onshore fund management, and reforming regulations for Alternative Investment Funds (AIFs). Additionally, they aim to address hurdles inhibiting industry development, engage with other regulators when necessary, and handle any relevant issues related to the alternative investment industry and the growth of the Indian start-up ecosystem.