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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)
CHANDAN R
CHANDAN R 5 years 8 months ago
sir , I am being a student , I would like to say this all this start up imagination should build for school , so students can think from school days to give some good thing to society .
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RAJESH MAHATO
RAJESH MAHATO 5 years 8 months ago
India's financial sector has been one of the fastest growing sectors in the economy. The economy has witnessed increased private sector activity including an explosion of foreign banks, insurance companies, mutual funds, venture capital and investment institutions. 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 for growth of India.
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VAS KSS
VAS KSS 5 years 8 months ago
Government Doing Business. Why this is required in India? Whether Govt. or Private doing business depends on few parameters viz.,1)Citizens getting justice in time 2)Effectiveness of Enforcement,Law&Order,Quality Control,etc. systems,and so on. If citizens have/getting 100% then 100% business need not be through Government. If, it is at 60% level, then 40% business through Govt. and 60% through private. Before Govt. withdrawing from business, first announce such scales on every system/s.
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Sneha s lal
Sneha s lal 5 years 8 months ago
Any political party which forms government at the Centre has certain social, political and economic responsibilities. In countries with deep cultural, religious and economic diversity such as India, it is extremely important for the government to allocate resources wisely.
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Baskara Rassou
Baskara Rassou 5 years 8 months ago
Randomly verify the GST as well as income tax. GST should not loose for govt. Compare the GST collection on quarter of this year and previous quarter of last year. Just like income tax also. Meanwhile, Higher fund flows in govt institution may be investigated the tax recoceey
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DR vaishali gawali
DR vaishali gawali 5 years 8 months ago
महोदय दूसरे देशो की अपेक्षा भारत मे शिक्षा का बजट बहुत कम होता है सरकारी स्कूलों पर विशेष ध्यान नहीं दिया जाता है अच्छी शिक्षा की पहुच सबको होना चाहिए विज्ञान को अधिक से अधिक छात्रों तक पहुंचना चाहिए भाषा का महत्व भी समझ आना चाहिए
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Aditya Gupta
Aditya Gupta 5 years 8 months ago
We should diversify our forex reserves by selling foreign currencies and buying precious metals. It will stimulate the economy quickly.
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Ankush Pal
Ankush Pal 5 years 8 months ago
Sir mere questions hamari Indian govt se hai ki hamari govt jansankhya per niyantra Ka kanoon kyon nhi lag rha jansankhya se 1 nhi anek saare fyaade hai hamare 1. hamare desh mai pollution kum hoga 2.rojgaar badega 3. police per bhar kum hoga etc. aise boht fyaade hoge. jai hind
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