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Financial Stability and Development Council
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Financial Stability and Development Council : ウィキペディア英語版
Financial Stability and Development Council

Financial Stability and Development Council is apex-level body constituted by government of India. The idea to create such a super regulatory body was first mooted by ''Raghuram Rajan Committee'' in 2008. Finally in 2010 The Finance Minister Of India, Mr Pranab Mukherjee decided to set up such an autonomous body dealing with Macro prudential &financial regularities in the whole financial sector of India. The recent global economic meltdown has put pressure on governments and institutions across globe to regulate the economic assets.This council is seen as an India's initiative to be better conditioned to prevent such incidents in future.The new body envisages to strengthen and institutionalise the mechanism of maintaining financial stability, financial sector development,inter-regulatory coordination along with monitoring ''macro-prudential regulation'' of economy.
==Composition of the council〔http://www.finmin.nic.in/fsdc/GazNote31122010.pdf〕==

*Chairperson: The Union Finance Minister of India
*Members:
*
*Governor Reserve Bank of India (RBl),
*
*Finance Secretary and/ or Secretary, Department of Economic Affairs (DEA),
*
*Secretary, Department of Financial Services (DFS),
*
*Chief Economic Advisor, Ministry of Finance,
*
*Chairman, Securities and Exchange Board of India (SEBI),
*
*Chairman, Insurance Regulatory and Development Authority (IRDA),
*
*Chairman, Pension Fund Regulatory and Development Authority (PFRDA),
*
*Chairman, Forward Markets Commission (FMC),〔http://www.finmin.nic.in/fsdc/GazNote05122013.pdf〕
*Additional Secretary, Ministry of Finance, DEA, will be the Secretary of the Council,〔http://www.finmin.nic.in/fsdc/GazNote06072013.pdf〕
*The Chairperson may invite any person whose presence is deemed necessary for any of its meeting(s).

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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