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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)
ShouvikKaushikGhosh
ShouvikKaushikGhosh 5 years 2 months ago
Respected PM shri Narendra Modi, sir in kolkata, the chief minister of Kolkata Mamata Banerjee from past, till now have broken many such laws that which money should go to general public of Kolkata that she eats.i think way I am written is true as you know Mamata Banerjee my suggestion is that, all that blackmoney can be used for the well economy of Kolkata and become a powerful state after if she losses the election.
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Vishakh OT
Vishakh OT 5 years 2 months ago
Kindly take necessary steps to bring Petroleum Products, Electricity and Alcohol for human consumption also under GST Tax bracket.
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VAS KSS
VAS KSS 5 years 2 months ago
States:Fix a Limit to offer free-things / free-money. For example: 5% of State GST earned in the previous year is limit in present year's to spend for such "free" schemes.
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VAS KSS
VAS KSS 5 years 2 months ago
Result: Excellent performance by PSUs Need to do: Head of the PSU to be selected from the employees recruited in that PSU. Not to do: Officers who are supposed to deliver their services in actual Governance (Ex: IAS, IPS,etc.) with service motto, should not be posted in PSUs or any Business entities, where profit is motto. Stop: Political/nomination based appointments in PSUs DPE should timely fill all Director/CMD/Higher management/Etc. vacancies
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VAS KSS
VAS KSS 5 years 2 months ago
My Doubt?: Once sold .... can Indian Government can re-build the same PSU again? Example: If, Air India sold. Later private companies unable to provide services and closed all air travel companies. Then How citizens of India get these services? What is suggested: All public services (similar to Insurance, Banking, Travel(bus, train, air, ship), Telecom, Fuels, etc. can not be 100% private. Few Government companies and few private companies is suitable for Indian system
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indian music
indian music 5 years 2 months ago
Hi sir I can't tell my name but I have a idea to increase our GDP Sir Hamare India mein bahut type of cultures hai to Sir ham Ek Aisa group banate hain this may different type of cultures and it is group mein 7 members hone chahie Jo Hamare India ka president Karen pure world mein. I can't tell full idea in thisbut this idea will be work in world. Please sir help in this idea Jay Hind Jay Bharat
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NAVIN CHANDRA PATHAK
NAVIN CHANDRA PATHAK 5 years 2 months ago
In the present pandemic situation Fiscal deficit stands at 9.5% of GDP which is as per expectations and hope we will be able to achieve fiscal deficit 6.8% of GDP in the FY 2021-22.
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NAVIN CHANDRA PATHAK
NAVIN CHANDRA PATHAK 5 years 2 months ago
In the present condition, when there are so many fraud activities involved in the different banks, Idea of setting up an asset reconstruction company to take over stressed loans may be a milestone. It will help in decreasing the NPA of the bank and also help in increasing the faith of customer towards their banks.
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NAVIN CHANDRA PATHAK
NAVIN CHANDRA PATHAK 5 years 2 months ago
भारतीय जीवन बिमा निगम से देश का आम आदमी का जुड़ाव है और हरेक घर में उसका कोई न कोई पॉलिसी धारक है | इसलिए उसके विनिवेश से पहले सरकार को आम जनता पर होने वाले इसके प्रभाव का पूर्णरूपेण आँकलन करना चाहिए और तत्पश्चात ही आम सहमति से सभी पॉलिसी धारक के हित को ध्यान में रखते हुए कोई निर्णय लेना चाहिए |
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