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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)
B Shyamababu Patra
B Shyamababu Patra 5 years 7 months ago
The Implementation of Budget Initiatives is the significant bench-mark towards Aatma Nirbhar Bharat. It is a Nation's Spirit. For good governance and policy making the government should take specially interest in Micro Bio-technology, Organic Farming, Empowering Solar resources and putting Farmers First and development of Space Technology.
TanuTyagi
TanuTyagi 5 years 7 months ago
Long pending structural Reforms. It is very heartening to note that the finance Minister has proposed to encourage states to implement much needed structural reforms like land leasing ,agriculture marketing and contract farming. These legislation have been advocated by the National Commissions on factors ,committee on Doubling farmers income, NITI Aayog and a number of think tanks working in agriculture policy arena.Even model laws have been circulated to states for their considerati
before vote
before vote 5 years 7 months ago
1)Free money to citizens under various schemes: (a) Central Govt. or State Govt. should have a scale of limit, say, If earning through Taxes is Rs.100, then free money under various schemes should be limited to Rs.5 to Rs.10 only. I.e a defined limit, so that budget is available for actual governance and development. (b) One family or citizen should have a limit in their entire life to receive free money schemes/benifits from Central or State Governments.
jayprakash joshi
jayprakash joshi 5 years 7 months ago
This impact is especially severe witl respect to firms that experience large swings in sales and profits many analysts believe stock prices tend
abhishek yadav
abhishek yadav 5 years 7 months ago
आज देश कोरोना जैसी भयंंकर कोरोना जैसी बीमारी से जूझ रहा है और इसके साथ बढ़ती महंगाई ने उसकी कमर तोड़ रख दी। आज देश को ऐसे बजट से आशा है जो देश के लोगो को राहत दे आज तेल के बड़ते दामों ने इस महंगाई में तड़का लगा दिया और महंगाई अपने चरम पर पहुँच गई मेरे ख्याल से तेल को भी GST के अंतर्गत रखना चाहिए
Satishkumar
Satishkumar 5 years 7 months ago
I really do not know how fund is allotted and implemented, recorded and reviewed in government work. Please provide all records of fund allotted to government agencies / what improvement made and who sanctioned money ...who is giving feedback. Make a system to get feeback from end user based on this pay the money to person for doing the job . Supposed a 100meter road being made in a locality ,take feedback secretly and inspect and pay.
VADHEL KULDIP
VADHEL KULDIP 5 years 7 months ago
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