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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)
zala Virendrasinh randhir sinh
zala Virendrasinh randhir sinh 5 years 7 months ago
respect Sir.. Narendrabhai modi Thank you Narendrabhai modi Gujrat bajet is very nice jo bhi amm adami ka suzav suna patha in ke liye apka dil se abhar vyakt karata hu Thank you Narendrabhai modi god bless you
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Ananda Shainath Pawar
Ananda Shainath Pawar 5 years 7 months ago
dear sir ji, its humble request that install a financial committee which can explain the each kind of budget at the gram panchayat level because many people from rural areas with understand the information of budget as well as the importance importance of financial budget so to make clear them we need a committee in gram panchayat thanks.
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ULLAS M
ULLAS M 5 years 7 months ago
Honorable Prime Minister Modiji, For the promotion of Digital Money, the FASTAG System we can used to refilling of petrol and Diesel from petrol pump outlets by linking with Registered Mobile. 1. Easy way 2. No physical cash payment 3. Promotion of Digital Money 4. No need of direct conduct with petrol pump retailer staff during this Covid-19 season For this we want to introduce some advanced system of FASTAG.
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Omkar G Shetty
Omkar G Shetty 5 years 7 months ago
Life Insurance Corporation of India (LIC) IPO will improve the accountability and transparency of the country's largest insurer and benefit the insurance industry also. It will also result in an increase in foreign capital inflows into the industry. 
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RAJESH MAHATO
RAJESH MAHATO 5 years 7 months ago
India has a diversified financial sector undergoing rapid expansion, both in terms of strong growth of existing financial services firms and new entities entering the market. The sector comprises commercial banks,insurance companies, non-banking financial companies, co-operatives, pension funds, mutual funds and other smaller financial entities need to focus and give priority on these areas for the development of the country
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Hey Das
Hey Das 5 years 7 months ago
My concern India should seriously implement a Cyber Strategy and Emergency Team and Cyber Security Awareness programme. Indian government should promote bug bounty programs to ensure the safety Indian Cyber Space. We should make uniform format to our websites which is hosted to Internet their are facilities to block visitors based on GeoBlock we need start implementing it for sensitive websites. Allow some fund for bug bounty programmes.
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Subrata Mondal
Subrata Mondal 5 years 7 months ago
Sir Government may maintain only one bank which will take maximum 2 crore deposit from a single customer & it will do business only in government sponsored scheme & financial product. Leaving this rest all the banking business may be opened for private enterprises under vigilance & regulation of RBI for optimum prospect to banker, share holder, depositor & borrower. This will reduce the complex load for government to monitor banking system as well as provide basic financial security to all.
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Manish kumar
Manish kumar 5 years 7 months ago
सबसे पहले भ्रष्टाचार पर रोक लगना चाहिए. नोटबंदी के अनुभवों से हमने काफी सीखा है. इसके लिए संसद में यदि भ्रष्टाचार रोकथाम बिल भी लाया जाना चाहिए. चीन की तरक्की में बडा हाथ वहाँ भ्रष्टाचार पर नियंत्रण का रहा है. बिना भ्रष्टाचार पर नियंत्रण के कोई भी सरकारी योजना वास्तविक जरूरतमंदों तक सही रुप में पहुंचना बेहद मुश्किल है. भारत में जब तक यह बिल लागू नहीं होता योजनाओं का सही से लागू होना संभव नहीं है. कर्मचारियों में दंड का भय आवश्यक है
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