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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)
V Navin Mitiran
V Navin Mitiran 5 years 7 months ago
Hon'ble Prime Minister of India, My humble thoughts with you. Budget Improvisation: Various general measures can be employed by governments to achieve their objectives, including FISCAL POLICY (the manipulation of tax rates and government expenditure), MONETARY POLICY (the control of the money supply and interest rates), PRICES AND INCOMES POLICIES (controls on costs and prices) and the management of the EXCHANGE RATE to influence the country's external trade and payments position.
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Aaqib Akbar Mir
Aaqib Akbar Mir 5 years 7 months ago
India Post has a lot of potential. If we can modernize, systemize & streamline it to deliver faster, small companies will use it. If the distribution network is used properly & a shopping app like "IP Mall"(India Post Mall) is created with easy to use interface like Amazon, products from local & factories can be sold online with delivery speed compared to Amazon then India Post will profit at the same time India has its own shopping App comparable to Amazon, also support buying local goods.
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LOCHAN
LOCHAN 5 years 7 months ago
Study systematically based on the available blue print. Whenever feel stress take ample amount of water. Understand the presentation skill of the respective subjects
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LOCHAN
LOCHAN 5 years 7 months ago
India Post has a lot of potential. If we can modernize, systemize & streamline it to deliver faster, small companies will use it. If the distribution network is used properly & a shopping app like "IP Mall"(India Post Mall) is created with easy to use interface like Amazon, products from local & factories can be sold online with delivery speed compared to Amazon then India Post will profit at the same time India has its own shopping App comparable to Amazon, also support buying local goods
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Nidhin
Nidhin 5 years 7 months ago
Respected Modiji,Unless expenditure of Central Government & State Government is audited by Central Audit Agencies & lost amount identified &recovered from culprits& corrupts to achieve Goal Corrupt free Ramarajya or Swaraj from Corruption will remain as mirage.I request strengthen Auditing with new Central Institutes of Auditing, Central Institutes Chartered Accountant under Comptroller Auditor General of India to appoint more Auditors, Chartered Accountants to strengthen Indian Audit Agencies.
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mars caesar das
mars caesar das 5 years 7 months ago
Sir, Market is full of liquid cash. need to check it. discourage the use of cash. if cash flow restricted then it will automatically generate more revenue/tax. please consider.
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Prem Aji
Prem Aji 5 years 7 months ago
India Post has a lot of potential. If we can modernize, systemize & streamline it to deliver faster, small companies will use it. If the distribution network is used properly & a shopping app like "IP Mall"(India Post Mall) is created with easy to use interface like Amazon, products from local & factories can be sold online with delivery speed compared to Amazon then India Post will profit at the same time India has its own shopping App comparable to Amazon, also support buying local goods.
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