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