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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)
VADHEL KULDIP
VADHEL KULDIP 5 years 7 months ago
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V Navin Mitiran
V Navin Mitiran 5 years 7 months ago
This impact is especially severe with respect to firms that experience large swings in sales and profits. Many analysts believe stock prices tend to lead the business cycle. Therefore, it is felt that bull markets begin before a period of expansion and that bear markets begin before a period of contraction.
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V Navin Mitiran
V Navin Mitiran 5 years 7 months ago
Business cycle The somewhat irregular but recurring periods of change in economic activity over time. A business cycle is generally divided into four stages: expansion, prosperity, contraction, and recession. The stage in which an economy operates has a significant impact on a firm's profitability and prospects.
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V Navin Mitiran
V Navin Mitiran 5 years 7 months ago
slows or eliminates growth while reducing inflation. Monetary policy may also refer to the printing of money, especially to repay government debts; this always causes inflation and is used as a last resort.
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V Navin Mitiran
V Navin Mitiran 5 years 7 months ago
Monetary Policy The actions and inactions a central bank takes to control a country's money supply. Generally speaking, monetary policy refers to the setting of interest rates. If the central bank sets low interest rates, it increases the supply of money by easing the availability of credit. This promotes economic growth but in the long term can cause inflation. On the other hand, the central bank may adopt a restrictive monetary policy by setting high interest rates, which constricts credit
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V Navin Mitiran
V Navin Mitiran 5 years 7 months ago
(though it may also be caused by) wider economic instability, and may lead to a lack of confidence in the government. As a result, hyperinflation that persists for a long time may lead to the government issuing a new currency entirely
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V Navin Mitiran
V Navin Mitiran 5 years 7 months ago
Hyperinflation A very high rate of inflation, especially sustained over a long period of time. While there is no set numeric definition, it is associated with inflation percentages in the millions and billions. Hyperinflation is almost always caused by poor monetary policy on the part of the government. For example, a government that rapidly increases the money supply without a corresponding growth in GDP often undergoes hyperinflation. This situation often leads,
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V Navin Mitiran
V Navin Mitiran 5 years 7 months ago
Monetarism: An economic theory, the proponents of which argue that economic variations, such as changes in prices and output, are primarily the result of changes in the money supply. (Thus, the Federal Reserve Board is the most important economic policymaker in the country.) Proponents of monetarism believe that changes in the money supply precede changes in other economic variables, including stock prices, and that a rational policy calls for moderate, steady increases in the money supply.
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V Navin Mitiran
V Navin Mitiran 5 years 7 months ago
These policies are augmented at a more specific level by measures designed to encourage industrial investment, research and development and enterprise, and to protect consumers' interests
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