TNPSC Thervupettagam

FSDC

May 29 , 2020 1515 days 1133 0
  • Recently, the government had included ministry of electronics and information technology (MeitY) secretary in the FSDC in view of the increased focus of the government on digital economy.
  • Financial Stability and Development Council (FSDC) is constituted in 2010. 
  • It is not a statutory body.
  • The Council is chaired by the Union Finance Minister and 
  • Its members are 
    • Governor, Reserve Bank of India; 
    • Finance Secretary and/or Secretary, Department of Economic Affairs; 
    • Secretary, Department of Financial Services; 
    • Chief Economic Adviser, Ministry of Finance; 
    • Chairman, Securities and Exchange Board of India, etc.

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