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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)
Sarwan kumar
Sarwan kumar 5 years 3 months ago
While implemention of budget every central and states government should focus on education.Huge sum of money should be allotted to education sector.And second most important sector is health sector because both sectors are very important for all round development to child .
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fayaz
fayaz 5 years 3 months ago
hello sir first block all black money acounts in india then discuss about budget plan,what are the current condition in rural areas even present also they don't have power supply,bus facility,and we are saying digital zamana, digital payments,mannki bath what they are saying but no one can follow rules,only sattha congress,bjp,all peoples are confused where we are, what are the present situation our students who get well qualified no jobs,only ghotala, corruption,I'm really sorry I don't know
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RajuSonwalkar
RajuSonwalkar 5 years 3 months ago
Sir I request you to please control population first, without population control we can't see sucha bharat, pollution, corruption, jobs and water for poor people's
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Omprakash Nagla
Omprakash Nagla 5 years 3 months ago
Honourable PM sri narendra modi implement digital India in union budget that's important factors. Because many people not get facilities from government in this budget government focused in .that very nice
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Chiranjeev Soni
Chiranjeev Soni 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. Warm regards CA. Chiranjeev Soni
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Dilip Kumar Rai
Dilip Kumar Rai 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 . Review it's outcome at regular intervals with innovative actions.
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Ankit
Ankit 5 years 3 months ago
Pre filled investment details like FD, PPF, NPS, MF, Insurance and purchase/expense of above 2 lakhs (automobile, electronics, jewelry, cryptos, real estate, etc) in ITR forms and 26 AS for better compliance.
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