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Share your ideas for Implementation of Budget Initiatives for the Financial Sector

Start Date :
Feb 25, 2021
Last Date :
Mar 31, 2021
23:45 PM IST (GMT +5.30 Hrs)
Submission Closed

The Hon’ble Prime Minister Shri Narendra Modi will address the webinar on effective implementation of the Union Budget provisions in the Financial sector on 26th February 2021. ...

The Hon’ble Prime Minister Shri Narendra Modi will address the webinar on effective implementation of the Union Budget provisions in the Financial sector on 26th February 2021.

The key announcements in the Union Budget related to Financial Sector are as follows and we seek ideas and suggestions from the public and other stakeholders on the same:

• Fiscal deficit stands at 9.5% of the GDP; estimated to be 6.8% in 2021-22
• Proposal to allow States to raise borrowings up to 4% of GSDP this year
• A Unified Securities Market Code to be created, consolidating provisions of the Sebi Act, Depositories Act, and two other laws
• Proposal to increase FDI limit from 49% to 74%
• An asset reconstruction company will be set up to take over stressed loans
• Deposit insurance increased from Rs 1 lakh to Rs 5 lakh for bank depositors
• Proposal to decriminalise Limited Liability Partnership Act of 2008
• Two PSU bank and one general insurance firm to be disinvested this year
• An IPO of LIC to debut this fiscal
• Strategic sale of BPCL, IDBI Bank, Air India to be completed

Last date of submission will be 31st March 2021

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Showing 914 Submission(s)
NARESH SHESHARAO HAKKE
NARESH SHESHARAO HAKKE 5 years 7 months ago
As per my opinion that there should be no any kind of other taxes oppose to the goods and services in that the the market. The poor sector of the society are not be able to afford the goods .The creates more poverty in the country. So Sir, as per my opinion that there should be no any kind of gst and other types of taxes that the poor section of the society are not be affordable the goods...So I hope that you may think on this same topic and think upon the poor section of the society...thanks
NARESH SHESHARAO HAKKE
NARESH SHESHARAO HAKKE 5 years 7 months ago
As per my opinion that there should be no any kind of other taxes oppose to the goods and services in that the the market. The poor sector of the society are not be able to afford the goods .The creates more poverty in the country. So Sir, as per my opinion that there should be no any kind of gst and other types of taxes that the poor section of the society are not be affordable the goods...So I hope that you may think on this same topic and think upon the poor section of the society...thanks
NARESH SHESHARAO HAKKE
NARESH SHESHARAO HAKKE 5 years 7 months ago
As per my opinion that there should be no any kind of other taxes oppose to the goods and services in that the the market. The poor sector of the society are not be able to afford the goods .The creates more poverty in the country. So Sir, as per my opinion that there should be no any kind of gst and other types of taxes that the poor section of the society are not be affordable the goods...So I hope that you may think on this same topic and think upon the poor section of the society...thanks
NARESH SHESHARAO HAKKE
NARESH SHESHARAO HAKKE 5 years 7 months ago
As per my opinion that there should be no any kind of other taxes oppose to the goods and services in that the the market. The poor sector of the society are not be able to afford the goods .The creates more poverty in the country. So Sir, as per my opinion that there should be no any kind of gst and other types of taxes that the poor section of the society are not be affordable the goods...So I hope that you may think on this same topic and think upon the poor section of the society...thanks
NARESH SHESHARAO HAKKE
NARESH SHESHARAO HAKKE 5 years 7 months ago
As per my opinion that there should be no any kind of other taxes oppose to the goods and services in that the the market. The poor sector of the society are not be able to afford the goods .The creates more poverty in the country. So Sir, as per my opinion that there should be no any kind of gst and other types of taxes that the poor section of the society are not be affordable the goods...So I hope that you may think on this same topic and think upon the poor section of the society...thanks