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24th meeting of the Financial Stability and Development Council (FSDC)

  • Published
    7th Sep, 2021

The financial sector in India typifies the progress, opportunities and challenges of its economy. Analyse. (250 Words)

Approach:

  • In the introduction, give a brief overview about the financial sector, like it sub-sectors, contribution to GDP etc
  • List the factors of progress in the financial sector and the opportunities in the Indian economy and how it will help the financial sector. Eg growing middle class 
  • List the challenges that the financial sector face in India. Eg NPAs
  • Enumerate the Steps taken by Government so the sector can work better.
  • Way forward and Conclusion 
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