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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)
NITIN KUMAR_28
NITIN KUMAR_28 5 years 7 months ago
I think a nation such as india having population of around 1.4 bn should have at least 6 to 8 Psb to maintain healthy competition in the market and to promote financial inclusion. main aim for this is to bank with the unbanked. we definitely need more healthy and SBI sized 5-6 public sector banks in our economy.
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PreetGandhi
PreetGandhi 5 years 7 months ago
My government is very good. I appreciate it’s opinions and decisions. I support my government as it is doing a lot for the welfare of people specifically children. Thank you ..
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mars caesar das
mars caesar das 5 years 7 months ago
Sir, make it mandatory that all PAN card holder should file ITax return every year. ( may be NIL return also ). this will make a habit of filing ITax return form. this will also check the leakage of tax significantly.
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Mahadev Singh Sen
Mahadev Singh Sen 5 years 7 months ago
बीपीएल के अलावा ऐसे लोगों का एक बड़ा समूह है जो निम्न आर्थिक स्थिति में हैं। इन लोगों को कहीं भी मुफ्त सुविधा नहीं मिलती है। वे बीमा (चिकित्सा या फसल) जैसी रियायती सुविधाएं प्राप्त कर सकते थे। क्योंकि अगर वे अचानक समस्या का सामना करते हैं तो उनके पास कोई विकल्प नहीं है।
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Ashish Jindal
Ashish Jindal 5 years 7 months ago
-2- the volume of business enterprises, just like income Tax slabs. For example: volume percentage 5lk to 99.99lk 18% 1cr. to 99.99cr. 24% 100cr above 30% after this can applied the standard to stand side with all the positon of business
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