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Budget 2021 | FSDC deliberates on measures to accelerate growth momentum

Budget 2021 | FSDC deliberates on measures to accelerate growth momentum
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Union Finance Minister Nirmala Sitharaman during a pre-budget meeting with finance and capital market sector expers, at North Block in New Delhi on December 15, 2020.
| Photo Credit:
PTI
The high-level FSDC headed by Finance Minister Nirmala Sitharaman on December 15 discussed the additional measures that could be taken by the government in the next Budget to accelerate growth while maintaining financial stability.
The meeting, which was also virtually attended by Minister of State for Finance and Corporate Affairs Anurag Singh Thakur, noted that there is a need to keep a continuous vigil by the government and all regulators on the financial conditions that could expose financial vulnerabilities in the medium and long-term. ....

Tarun Bajaj , Ajay Bhushan Pandey , Shaktikanta Das , Injeti Srinivas , Narendra Modi , Ajay Tyagi , Subhash Chandra Khuntia , Supratim Bandyopadhyay , Pension Fund Regulatory , Economic Affairs , Corporate Affairs Anurag Singh Thakur , Financial Services , Union Budget , Development Authority , Asian Development Bank , International Financial Services Centres Authority , Development Council , Exchange Board Of India , Development Authority Of India , Finance Minister Nirmala Sitharaman , Financial Stability , London Interbank Offer Rate , Exchange Board , Chairman Ajay Tyagi , Insurance Regulatory , Chairman Subhash Chandra Khuntia ,

High-level FSDC deliberates on measures to accelerate growth momentum

The high-level FSDC headed by Finance Minister Nirmala Sitharaman on Tuesday discussed the additional measures that could be taken by the government in the next Budget to accelerate growth while maintaining financial stability.
The meeting, which was also virtually attended by Minister of State for Finance and Corporate Affairs Anurag Singh Thakur, noted that there is a need to keep a continuous vigil by the government and all regulators on the financial conditions that could expose financial vulnerabilities in the medium and long-term.
The 23rd meeting of the Financial Stability and Development Council (FSDC) noted with comfort that the policy measures taken by the government and the financial sector regulatory authorities have ensured faster economic recovery, as reflected in the reduced contraction of GDP in Q2 of 2020-21. ....

Tarun Bajaj , Ajay Bhushan Pandey , Shaktikanta Das , Injeti Srinivas , Narendra Modi , Ajay Tyagi , Subhash Chandra Khuntia , Supratim Bandyopadhyay , Pension Fund Regulatory , Economic Affairs , Corporate Affairs Anurag Singh Thakur , Financial Services , Union Budget , Development Authority , Asian Development Bank , International Financial Services Centres Authority , Development Council , Exchange Board Of India Sebi , Development Authority Of India , Finance Minister Nirmala Sitharaman , Financial Stability , London Interbank Offer Rate , Exchange Board , Chairman Ajay Tyagi , Insurance Regulatory , Chairman Subhash Chandra Khuntia ,

FSDC Meeting: Recovery to be faster than predicted; focus on support for financial sector

FSDC Meeting: Recovery to be faster than predicted; focus on support for financial sector
Budget proposals submitted by the Reserve Bank of India and other regulators were discussed at the meeting.
December 16, 2020 3:29:17 am
Finance Minister Nirmala Sitharaman (centre) at the FSDC meeting at North Block in New Delhi on Tuesday. (PTI)
The Financial Stability and Development Council (FSDC) on Tuesday discussed measures that may be needed to support the financial sector for achieving faster real economic growth and achieving the overall macroeconomic targets. Finance Minister Nirmala Sitharaman chaired the FSDC meeting, which was attended by financial sector regulators and senior government officials, via videoconference. ....

Nirmala Sitharaman , Tarun Bajaj , Ajay Bhushan Pandey , Krishnamurthy Subramanian , Shaktikanta Das , Supratim Bandyopadhyay , Development Authority Chairperson , Economic Bureau , Exchange Board Of India Chairperson Ajay Tyagi , Pension Fund Regulatory , Development Council , Department Of Economic Affairs , Department Of Financial Services , Minister Nirmala Sitharaman , North Block , New Delhi , Financial Stability , Reserve Bank , Finance Ministry , Economic Affairs Secretary Tarun Bajaj , Secretary Ajay Bhushan Pandey , Financial Services Secretary Debasish Panda , Chief Economic Adviser Krishnamurthy Subramanian , Exchange Board , India Chairperson Ajay Tyagi , Insurance Regulatory ,