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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)
Pramod kumar jena
Pramod kumar jena 5 years 2 months ago
respected sir, in a small house hold consisting of six members where only one member earns around ten lakhs per annum and rest depend on for subsistence on him from food to health to education etc. after that taxation comes in his earning to part with. How can be it possible for him to have other amenities such as house etc if tax rate would be at 2.5 lakhs only. in the end such self respecting individual will be end of perennial begger from govt schemes. taxation system there may be some relief
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PRADYUMNA KUMAR AMAT
PRADYUMNA KUMAR AMAT 5 years 2 months ago
Respected Sir It is an initiative programme to reconstruct company will be set up to take over stressed loans . Employment will be enhanced by setting up these types of companies.
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Bhgwan Avtar Arihant
Bhgwan Avtar Arihant 5 years 2 months ago
आदरणीय महानुभाव जितना काम उतना पैसा इसी हिसाब से सारी व्यवस्था होना चाहिए हर एक कार्यक्रम मूल्यांकन अवलोकन निरीक्षण परीक्षण होना चाहिए जॉब का और उसीपर पेमेंट होना चाहिए आधार पर फर्जी बिलिंग आर्थिक गड़बड़ी सीएजी से मिली जुली भगत यह कई बार अखबारों में देखने पढ़ने सुनने में आता है इनकम टैक्स जीएसटी कमर्शियल टैक्स सेल टैक्स आदि सभी करो विभागों को अधिकाधिक वसूली अभियान का टारगेट लक्ष्य क्यों नहीं प्रदान किया जा रहा है क्या अधिकारी नहीं चाहते हैं कि देश में सरकारी खजाने में या पाप बुद्धि बढ़ोतरी हो? ?
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NAVIN CHANDRA PATHAK
NAVIN CHANDRA PATHAK 5 years 2 months ago
Respected PM, In pretext of an ancient subhashit (good message) - “Rivers do not drink their waters themselves, nor do trees eat their fruit, nor do the clouds eat the grains raised by them. The wealth of the noble is used solely for the benefit of others.”, I want to focus my attention on e-governance and systematic change and think an honest system of governance will surely displace dishonest person.
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NAVIN CHANDRA PATHAK
NAVIN CHANDRA PATHAK 5 years 2 months ago
Respected Sir, Now a days we see that price rise of general commodities increasing sharply after the public statement of several reputed cabinet ministers. Being a responsible person of the Government they should not comment here and there about the rules and regulations of the government but they should tell only the thing that has positive effect on the market and be beneficial for the general public of the country.
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NAVIN CHANDRA PATHAK
NAVIN CHANDRA PATHAK 5 years 2 months ago
R/Sir, It is not proper for a king or a top management to follow a process of coal maker (Angarak), because coal makers prepare coal by cutting and destroying trees and fully burning the woods. King should never collect taxes in this manner and follow the quote ”The sun attracts water from the earth and sends it to earth through rain for the welfare of living entities". In the same way Head of government should expense all the revenues collected from their people for the welfare of the people.
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NAVIN CHANDRA PATHAK
NAVIN CHANDRA PATHAK 5 years 2 months ago
Respected Sir For the overall growth and peace of their people, Government or Top Management should adopt following ethics:- King should always follow the gardener in receiving tax from their people. As gardener plucks the flower from tree without harming or cutting the tree. So in the same way king should collect taxes from their people without harming them.
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NAVIN CHANDRA PATHAK
NAVIN CHANDRA PATHAK 5 years 2 months ago
For good governance government should not do anything as stated in the following lines: As after cutting the mammary gland of cow for gaining more milk, cow dies but no more milk is achieved. Even way of getting milk is also closed forever. So, in the same way, general public, downcast by the tax-load of government, causes destruction of whole nation. Government should think twice before implementing new categories of tax and give tax relief to those workers who is earning in adverse situation.
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Rajay Kumar C
Rajay Kumar C 5 years 2 months ago
To prevent QR CODE scams, it is important that UPI users get a pop-up clearly stating that this transaction will result in debit from bank account while scanning any qr code. This has potential to stop qr code related phishing of bank accounts
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Rajay Kumar C
Rajay Kumar C 5 years 2 months ago
Strategic sale of PSU should create tangible assets which should be highlighted to the people. There should be better communication to people on the benefits of disinvestment.
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