Finance Minister Arun Jaitley today chaired the 17th meeting of the Financial Stability and Development Council (FSDC) in New Delhi. <br/><br/>The Council discussed the issues and challenges facing the Indian economy and stressed the need to keep constant vigil to manage any external and internal vulnerabilities. <br/><br/>The Council noted that India has macro-economic stability today on the back of improvements in its macro-economic fundamentals, structural reforms with the launch of the GST and long-term positive consequences of demonetization. <br/><br/>The FSDC also took note of the developments and progress made in setting up of Computer Emergency Response Team in the Financial Sector (CERT-Fin) and Financial Data Management Centre. <br/><br/>Chief Economic Adviser, Dr. Arvind Subramanian made a presentation on the state of economy. <br/><br/>RBI Governor Urjit Patel was also present in the meeting.<br/><br/>