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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)
Mdshahab Uddin
Mdshahab Uddin 5 years 2 months ago
I am md Shahab Uddin from Bhagalpur Bihar 812006, India', Dear Sir, I feel very sorrow on the financial sector due to froudulent, they are very cruel with their customers. There are no any easy loan for our neighbor who are very poor financially. It is very hard task on which must be careful to make the process of easy loan for poor to develop our locality on all the way. PM Kisaan yojna is very useful for Indian farmers but easy loan can make them strong. I hope on my poor comment.
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Pramod kumar jena
Pramod kumar jena 5 years 2 months ago
Sir, how would u comply private bodies in india to pay its employees with the money that was structured for the job assigned. private companies india do not follow the norms stated by govt. it's only shown on paper but practice something else. Arcelor Mittal and Tata taking over land rover & jaguar faced the difficulties for the same manipulation in France and England as per then news reports. in india who does care about? there is no such authority to punish manipulative employers or companies.
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Pramod kumar jena
Pramod kumar jena 5 years 2 months ago
Sir, disinvestment process is a very corrupted opaque process in india. during first NDA term a reputed govt hotel near Santacruz airport in Bombay was disinvested by then Fm Arun shouri with very less bidding pricing and later the same hotel was resold for more than double price of it, if my memory is correctly recollecting it then it may be hotelier lalit suri group. same ways Balco became Sterlite and Vedanta etc. why such go sick? it's due to bad handling by top bosses,the loss is to nation.
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Pramod kumar jena
Pramod kumar jena 5 years 2 months ago
Sir, myself is against privatization of banks or any psu owned by govt of India.1-when our country started with some govt enterprises then not a single private body came forward to invest in metal, steel,hydropower, petroleum refinery and ports etc. only govt investment and initiatives made them progress.our private enterprises were mostly in profit making textile industries and a very few were in other sectors. I have seen a private port operation where they employ casual labours&pay less.tks.
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OSHO GOD
OSHO GOD 5 years 2 months ago
वित्त क्षेत्र में हैं 1 विभागों में इतनी ज्यादा है आर्थिक अपराध है इसका समाधान कब होगा अलग-अलग तरीके मेथड से बढ़ते चले जा रहे हैं साइबर क्राइम भी लगातार बढ़ते चले जा रहे हैं आप के अधिकारियों की क्या उपाय इन को कैसे कम किया जाए इसकी जो एजेंसी है रोकथाम के लिए उनके उनके तरीके निष्प्रभावी है तभी तो परिणाम रिजल्ट 0 बताइए क्यों हो रहा है यह बताइए कि बजट तो करोड़ों का है लेकिन काम तो कौड़ी का भी नहीं है और जो है शब्दों की हीरा फेरी से करोड़ों रुपए ले लिए लेकिन काम को वर्क जॉब कुछ भी नहीं हो ऐसा क्यों
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ASHOK PATEL
ASHOK PATEL 5 years 2 months ago
वितीय क्षेत्र के बजट को सम्बंधित विभागों में को सही कार्यान्वयन हेतु वीटो पावर दिए जाय ।बजट के उपयोग का उचित ढंग से बटवारा किये जाय।
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Viraaj Raiganga
Viraaj Raiganga 5 years 2 months ago
If you bring petroleum and gas product's under gst then, it would worsen the current economic scenario.As, it would result in more inflation rate,cpi would reduce,every state would suffer loss of almost 2lakh crores.
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Laxmi Prakash Semwal
Laxmi Prakash Semwal 5 years 2 months ago
Financial products need an integrated approach for finding agriculture value chain financing http://kxsd.org//images/resource/ft/Apple_project_ICT.pdf
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