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English Release 31-October 2014
Date Month Year
  • President's Secretariat
  • Education will be the single biggest transformative factor in catapulting India into the league of developed nations, says President
  • President of India congratulates Pankaj Advani on achieving 12th world title in Leeds
  • President pays floral tributes to Sardar Vallabhbhai Patel
  • Prime Minister's Office
  • Text of PM’s address at 'Run For Unity' at Rajpath on the occasion of Rashtriya Ekta Diwas
  • PM receives personal belongings of Sardar Patel, on his 139th birth anniversary
  • Sidelights – Run For Unity Event at Rajpath, New Delhi
  • PM flags off, joins Run For Unity on Sardar Patel Jayanti
  • PM remembers Smt. Indira Gandhi on her Punya Tithi
  • PM pays tributes to Sardar Patel on his birth anniversary
  • Min of Agriculture
  • Kharif Rice Area Coverage
  • Min of Commerce & Industry
  • Department of Commerce calls for creative participation for India’s participation at Hannover Messe
  • Min of Home Affairs
  • Text of Home Minister's speech at NPA, Hyderabad
  • Cyber Crime Prevention Strategy will be Strengthened: Home Minister Shri Rajnath Singh
  • Home Secretary Administers Rashtriya Ekta Diwas Pledge
  • “Police Stations should become Temples of Justice,” says Rajnath Singh
  • Min of Parliamentary Affairs
  • Standing Committee on Railways invites suggestions on Railways(Amendment) Bill, 2014
  • Min of Personnel, Public Grievances & Pensions
  • Central Armed Police Forces (Assistant Commandants) Examination, 2014 Declaration of Result of Written Part
  • Min of Petroleum & Natural Gas
  • Constitution of Steering Committee for successful implementation of “Make in India” campaign in the Oil and Gas Industry.
  • Global crude oil price of Indian Basket was US$ 84.77 per bbl on 30.10.2014
  • Ministry of Water Resources
  • Storage Status of 85 Important Reservoirs of the Country as on October 30, 2014
  • Min of Women and Child Development
  • SRB to be raised by 10 basis points every year

Previous Date

 
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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