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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)
satyendra kumar pandey
satyendra kumar pandey 5 years 3 months ago
now our main focus should not be only in short term benefits of the budget for every individual with respects to its need basics need should be fulfilled and i think in that sense budget had given an opportunity to every individual to fullfill basic needs by bringing the concept of say vocal to local...but the main thing is until unless we don't think about our country bcoz growth of country directly benifits the citizen of So SDP for implementation of budget is of utmost i#bharatuniversalism
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Shalini Sharma
Shalini Sharma 5 years 3 months ago
समझदार व्यक्ति हमेशा अपनी कमाई और खर्चे में उचित तालमेल बनाकर रखता है। चाणक्य कहते हैं कि जो लोग आय से अधिक धन खर्च करते हैं उन्हें हमेशा परेशानियों का सामना करना पड़ता है धन में वृद्धि चाहते हैं तो उसके लिए उसका सही उपयोग करना आना चाहिए। धन का इस्तेमाल हमेशा साधन के रूप में करना चाहिए। आचार्य चाणक्य ने अपने नीति शास्त्र में धन से संबंधित कई तरह की नीतियां बताई हैं। जिसका अनुसरण कर आप अपने जीवन को खुशहाल और समृद्ध बना सकते हैं। चाणक्य कहते हैं कि पैसा कमाना और बचाना दोनों ही बेह
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Jagdish Mohanlal Dedania
Jagdish Mohanlal Dedania 5 years 3 months ago
Most of banks charge loan processing charges to customers. This is not reasonable charge. Banks should not charge such type of charge,as banks doing their business by giving loans. Banks will get interest income from the loans sanctioned. In past there were no such charge. Government and RBI should strictly instruct all the not to charge loan processing charges for new loans as well as renewal of loans, as banks will get interest income from the loans.
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Jagdish Mohanlal Dedania
Jagdish Mohanlal Dedania 5 years 3 months ago
Some Bank charge account maintenance charges in saving bank account. Also the charges are very heavy. Mostly, poor people become victims of the rules. RBI should strictly instruct all the banks not to charge account maintenance charges in saving bank account.
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KunalRajuJumale
KunalRajuJumale 5 years 3 months ago
उद्योग क्षेत्र केलीये अगर हम कर्जा लेते है और बँक का interest rate 5 से 7% होगा तो Employment ज्यादा generate होगी. https://www.facebook.com/kuunalrjumale
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KunalRajuJumale
KunalRajuJumale 5 years 3 months ago
आदरणीय प्रधानमंत्री जी पेट्रोल के दाम अगर 100 रुपये होगये तो हमारी पार्टी और सरकार की बदनामी होगी. https://www.facebook.com/kuunalrjumale
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Mukesh Kumar
Mukesh Kumar 5 years 3 months ago
More ideas for finence sector are given below 1-Banking sevaye became online in vellage. 2-old men provied the pession 40 to 100 age. 3-every 5 year change change the mank katoti. 4-some vegitable are present time selling is less Mony this vegitelbe incrise in rate. 5-some bank interest rate are less this rate became increase.
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Dr Pranab Kumar Verma
Dr Pranab Kumar Verma 5 years 3 months ago
It must be made compulsory to file income tax return by every citizen who is earning even they have to give zero tax.Only then the people who earn much but befool IT department will be caught.Why only few crores of people are giving tax although all are using road ,bridge etc.Govenment must make a department to help filing income tax without taking any fee. The audit of all NGOs must be strict and cross checked. Printing of 2000 note needs to be stopped to promote "Digital India". Thanks a lot
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Jagdish Mohanlal Dedania
Jagdish Mohanlal Dedania 5 years 3 months ago
Pension income of senior citizens should declare as tax free income. Government should try to increase happiness index of our country. Also pension of widow ladies should treat as tax free income. Try to help such people by giving some small benefits. Also pension of handicapped persons should treat as tax free income.
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Dr Pranab Kumar Verma
Dr Pranab Kumar Verma 5 years 3 months ago
There must be a booklet issued by income tax department for tax payers to train them A to Z about income tax.I had to pay too much fine between 2009 to 2012 due to my ignorance of 26 AS .I was surprised that no one taught us about form 16 S,TDS,26 AS etc in our study curriculum and suddenly we faced problems when I started earning.This was a serious mistake by the the department .There should be proper system for filing IT.Some file themselves ,some take help of consultants who may file wrongly
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