The Terms of Reference of the Expert Committee are as follows:
i. To review the existing initiatives aimed at promoting innovation and entrepreneurship in India, especially those efforts that result in widespread job growth and the creation of globally competitive enterprises;
ii. To make short and medium term recommendations for actionable policy initiatives aimed at creating an innovation and entrepreneur-friendly eco-system such elements as creation of world-class innovation hubs and digital SMEs, and innovation driven entrepreneurship in such sectors as education and health;