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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)

V Srinivasan 5 years 3 months ago

Respected PM Sir, In early day stock exchange each transactions Stock Exchange Secretary approves each transaction slips. Now, Algo trading, colocation dictated trend, made stock exchanges mere software providers to investers through brokers. Very unfortunate is recent NSE incident. Such a big stock exchange, it can afford to have servers at multiple locations across nation and avoided such a failure. It can earn on colocations there also. Strict Zero Tolerance Policy drafted and adhered by SEs.

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Anshul Mittal 5 years 3 months ago

Make a survey for those small retailers and shopkeepers who really want or need a loan .Give loan to them ,instead of person who is freind of a politician or a government official .

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CHANDA NAGARAJU 5 years 3 months ago

Measures to boost economy:- 1) No free facility or finance 2) Increase employment generation through encouraging self employment with security measures. 3)Reduction in facilities or reduction on non essentials expenditure. 4) Government scheme and policies should be based on the study of cases and outcomes. 5) Best path of actions to be determined after brain storming sessions, discussions and with selection of best alternative .

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CHANDA NAGARAJU 5 years 3 months ago

The Honorable PM, Increasing Deposit Insurance limit from Rs.1 to 5 lakhs is long awaited but highly appreciable step but there are several undefined terms like Depositor, Small Depositor, Total Deposit, Assessable Deposit and Net Assessable Deposits in the Act/Regulation hence ambiguity leading to subjectivity in implementation of the Act. I would be glad to provide detailed specific input if given an opportunity.

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RAJ TILAK G 5 years 3 months ago

why I am telling this, because maximum middle class family are facing same issue. due to some issue they are lossed income and not paid EMI's, but now income is increased and they want to take new loan for closing existing loans, but in new loan they are facing CIBIL issue.

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RAJ TILAK G 5 years 3 months ago

Dear Sir, Please help to them, who was defaulter as per the bank & CIBIL reports, but they want to return and close the existing loans. kindly arrange the new loan with the condition to close existing loans, with possible EMI.

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ARUN KUMAR GUPTA 5 years 3 months ago

Many PSU have a large land bank. When the disinvestment is done, this land bank goes alongwith the company. Why transfer surplus land alongwith company? Surplus land shall be sold separately. That will fetch much more money than the government anticipated

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AJAY 5 years 3 months ago

Immediately stop all unnecessary expenditure. Reduce no. of govt employees to bare essential minimum. Outsource most work. Keep salaries and other benefits at par with private sector. Cost of one permanent govt employee can provide employment to 5 similarly qualified outside, thus increasing productivity and reduce unemployment. video conferencing can eliminate travel, save time and cost.

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Pinky Burman 5 years 3 months ago

अगर लोगों को पूरी तनख्वाह मिलेगी तो प्रति व्यक्ति आय भी बढ़ेगी। और यह तभी संभव है जब कम्पनी या स्कूल से per employee पैसा लेकर सीधे उनके account में डाला जाए। स्कूल का स्तर भी सुधरेगा और घपले कम होंगे। 🙏

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Pinky Burman 5 years 3 months ago

Respected sir, Can we change the salary system of private sectors? Is it possible to take complete salary amount from the private companies or schools in a govt. bank and then deposit it in the subsequent accounts of employees. With this you can easily make the persons to pay there taxes. Also it will support the digital payments. और तो और इस से बेरोजगारी भी कम होगी। क्यों कि बेरोजगारी का सबसे बड़ा कारण है तनख्वाह का स्तर नीचे होना। कई स्कूल और कम्पनी मानक स्तर से कम तनख्वाह देती हैं ।

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