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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)
Pankaj Mittal
Pankaj Mittal 5 years 7 months ago
A brilliant Budget puuting India first in all possible ways. Privatisation of Public Sector Banks is like der aaye durust aaye. But my only submission is privatise large and strong lenders first to attract better pricw and investment ooportunities. In the meantime, smaller Banks can also be cinsolidated to help them turnaround and once they are able to demonstrate inhibit strength Govt should divest from these too. From a public Sector Bank Empolyee who knows what is plaguing us.
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Robinson Nadar
Robinson Nadar 5 years 7 months ago
All products and services shall comes under GST. Fuels too. For earning foreign money all export related products and services, if required tax exemption shall provide because competitors from other nations.
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Antony Jos
Antony Jos 5 years 7 months ago
സർ നമ്മുടെ പ്രധാൻ മന്ത്രിയുടെ അഭിമാന പദ്ധതിയായ PMBJK രാജ്യമെങ്ങും വ്യാപിച്ചുകൊണ്ടിരിക്കുന്ന സാഹചര്യത്തിൽ നമ്മുടെ കേരളത്തിലും ധാരാളമായി എല്ല ജില്ലകളിലും PMBJK വാപിച്ചുകൊണ്ടിരിക്കകയാണല്ലോ ഈ സഹചര്യത്തിൽ കേരളത്തിലെ എല്ലാ ജില്ലാ ആസ്ഥാനങ്ങളിലും ജൻ ഔഷധി സൂപ്പർ സ്റ്റോക്കിസ്റ്റുകളെ നിയമിക്കുവാനും അങ്ങനെ എല്ലാ PMBJK കളിലും എല്ലാ മരുന്നുകളും എപ്പോഴും സുലഭമായി ലഭ്യമാക്കുവാനും നടപടികൾ BPPI യും കേന്ദ്ര സർക്കാരും സ്വീകരിക്കേണ്ടതാണ് ഇപ്പോൾ ജൻ ഔഷധി വാരംആഘോഷിക്കുന്നഈ വേളയിൽഉചിതമായ നടപടികൾ പ്രതീക്ഷിക്കുന്നു
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ABHAY KUMAR
ABHAY KUMAR 5 years 7 months ago
सरकारी बाबू लोग की ट्रेनिंग ही ग़लत होती है। उन्हें power, अधिकार क्षेत्र, नियंत्रण, decorum, hierarchy तो सिखाया जाता पर नहीं सिखाया जाता संवेदना, कर्तव्य परायणता, अनुशासन, समय का महत्व,ईमानदारी, देश भक्ति इसीलिए कहावत बनी है: POWER CORRUPTS &ABSOLUTE POWER CORRUPTS ABSOLUTELY. Our prime minister wants positive changes all around but how to change the attitude of babus?
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N CHANDRA BABU
N CHANDRA BABU 5 years 7 months ago
CAN WE HAVE FIXED AND FLAT INCOME TAX RATE AS 20% ON TOTAL INCOME AND NO SLABS AT ALL. WHEN TDS IS THERE IN BANKS, WHY TO PAY ADVANCE TAX SIMPLIFY THE TAX CALCULATIONS ON CAPITAL GAINS AND MUTUAL FUNDS. SOME CONFUSION ON TAX ON DIFFERENT SCHEMES OF MUTUAL FUNDS---CHANDRA BABU MOB 9490168562,RAJAHMUNDRY, EAST GODAVARI, AP THANK YOU VERY MUCH
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