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English Release 4-March 2015
Date Month Year
  • President's Secretariat
  • Speech by the President of India, Shri Pranab Mukherjee at the President’s standard presentation to 21 Squadron and 116 Helicopter Unit
  • India firmly committed to Peace and Stability, says the President
  • Prime Minister's Office
  • 35 MLAs from Maharashtra call on PM
  • Min of Information & Broadcasting
  • Notice Inviting Applications (NIA) issued for e-auction of 135 Private FM Radio Channels in 69 Cities in First Batch of FM Phase III
  • Min of Petroleum & Natural Gas
  • Global Crude Oil Price of Indian Basket was US$ 58.84 per bbl on 03.03.2015
  • Min of Tribal Affairs
  • Skill Development Centres in Maoist Affected Areas
  • Min of Urban Development
  • 46 PPP Projects with an investment of Rs.25,902 cr in progress for augmenting urban infrastructure
  • Smart City Task Forces for Ajmer, Allahabad and Visakhapatnam set up

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Ministry of Finance12-October, 2010 16:14 IST
Financial Stability and Development Council (FSDC) to be set up to Strengthen and Institutionalize the Mechanism of Financial Stability and Development
The Finance Minister Shri Pranab Mukherjee today held a meeting with the Regulators and officials of Ministry of Finance on the creation of Financial Stability & Development Council (FSDC). The discussion paper had been earlier circulated by the Ministry of Finance to all stake holders and suggestions were received. It was agreed that with a view to strengthen and institutionalize the mechanism for maintaining financial Stability and Development, the Central Government would set-up the apex Council. Without prejudice to the autonomy of regulators, this Council would engage in macro prudential supervision of the economy, including the functioning of large financial conglomerates and address inter-regulatory coordination issues. It will also focus on financial literacy and financial inclusion. The Council shall also look into issue relating to financial development from time to time. The Council would have one Sub-Committee which would be headed by Governor, RBI. The Secretariat of the said Council would be in the Department of Economic Affairs, Ministry of Finance.

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DSM
(Release ID :66284)

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