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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. Government involving in MSME and Finance Sector exactly Microfinance, Angel Investors. Remonetisation with the Contingency Capital Reserve. Short term liability funds in Private Banks. Fund Allocation in proper diversification. to be Contd...
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Ashish Jindal
Ashish Jindal 5 years 7 months ago
i lighten the initiate budget of finance about the topic of Gst. now a days the economic activity in india are fully captured by some big enterprises in all segment of land & building, plant & machinery, raw material, cost of production, large market share or many more etc. on others side, a large no. of people are not satisfied by his own economical activities or businesses, because big enterprises beat him in all fields related to business. our should process to regarlise GST depend on -2-
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Prakhar Gupta
Prakhar Gupta 5 years 7 months ago
I think you don't have to invest more money in finance sector because finance sector is good now also and which we are investing money in finance sector that we can use in education and health sector so we are able to make facilities give facilities to the pupils because finance sector is already developed i think, now we have to see about medical and education facilities we have to do work for it it is time to do something for this not to do for financial work because it is already developed.
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PATIBANDLA ABHIJITH
PATIBANDLA ABHIJITH 5 years 7 months ago
my suggestion is not to sell whole control in the company. Sell the major portion of share in company but retain government control on them by inserting a clause in company's AOA stating that all major decisions involving life & growth of company shall be approved by 90% of members. as now govt also has share in capital of company ,government can achieve periodical income by way of profits of company .in this case govt is not doing Business but investing in a company
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ourName varsha Pandey
ourName varsha Pandey 5 years 7 months ago
sir provision to kiye Jaate Hain Lekin use per Jaati hone per uske liye koi punishment Uske niche Adhikari Jo Karya karte hain unke Liye Koi punishment and he Kiya Jata Hai To Uska Bhi pravdhan Kariye Kyunki Jahan Paisa aata hai vahan per sari Tarah Ke Log pahunchte Hain Achcha Anjam dene ke liye jawabdehi to tay honi chahie
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