<h1>India's Strong Economic Position Boosted by Macro Fundamentals, Anti-Tax Evasion Measures: Financial Stability Council Meeting Insights.</h1> India is reportedly well-positioned economically despite global fragility, due to improved macro-economic fundamentals. The government's efforts to curb the shadow economy and tax evasion are anticipated to positively affect GDP and fiscal consolidation over time. These insights were shared during the Sixteenth Meeting of the Financial Stability and Development Council in New Delhi, chaired by the Finance Minister. The meeting involved key financial regulators and government officials who reviewed economic challenges, non-performing assets in banks, financial inclusion, and digital innovations. Suggestions for the upcoming budget were also discussed, alongside initiatives in fintech and cybersecurity.