<h1>India Forms Expert Panel to Boost Financial Sector Competitiveness, Reduce Costs, and Improve Governance.</h1> The Indian government has established a Standing Council of Experts to evaluate and enhance the international competitiveness of the country's financial sector. Led by the Secretary of the Department of Economic Affairs, the Council will assess transaction costs and business burdens in Indian markets, recommending improvements. The Council comprises various industry leaders and academics, with the authority to invite additional experts as needed. Its mandate includes analyzing policy frameworks, market performance, and suggesting reforms to boost transparency and governance. Meetings are planned bi-monthly, with the government retaining the right to reconstitute or dissolve the Council.