Finance Minister, Pranab Mukherjee proposed the setting up of a technology advisory group to be headed by the Ex-Infosys Chairman and currently the UIDAI chairman Nandan Nilekani for creating reliable and tamper-proof IT projects during his budget speech for the 2010-11 fiscal.

"A Technology Advisory Group for Unique Projects (TAGUP) is proposed to be set up under the Chairmanship of Nandan Nilekani for creation of reliable and secure IT projects," Mukherjee said in his speech.

The Finance Minister emphasized on the fact that an effective tax administration and financial governance system calls for creation of IT projects which are reliable, secure and efficient.

While assuring the common man that the first lot of UID project will be delivered by the end of the coming fiscal, Mukherjee listed certain IT projects such as the Tax Information Network, New Pension Scheme, National Treasury Management Agency, Expenditure Information Network and the ambitious Good and Service Tax.

While the creation of the advisory group is still subject to the matter of approval of the budget, the proposed Group aims to focus on the various technological and systemic issues.