Hi... Please seek Career Counselling for your daughter. She needs it more than you trying to make an efficient choice for her.
Psychology in India is still in its growing stage and different professionals are experiencing a very different kind of work environments, compensation, and challenges.
You won't be able to assess if it is wise for your daughter to opt for it as a profession, as you don't know what it needs to be effective as a Psychologist.
Psychologists in India are working in various fields, including but not limited to defence, sports, academics, research, educational institutions, government agencies, corporates/MNC's, etc.
What matters is to find out if your daughter has a basic potential, motivation and commitment to become a good professional in this area of work or she is more inclined towards something else.
Next Steps
Consult a Psychologist.
Career Guidance & Counselling is required.
Health Tips
Mr. Gunjan Maithil
Senior Psychologist
Cell: nine six seven one three zero three one three four
Website: https://gunjanmaithil.wixsite.com/therapy
App: http://wix.to/fECHB08?ref=cl