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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)
TamannaThakur
TamannaThakur 5 years 7 months ago
if you support financial sector then our country become large investment country in financial sector. Today many companies get financial due the reason behind to develop our infrastructuIndia is today one of the most vibrant global economies on the back of robust banking and insurance sectors. The relaxation of foreign investment rules has received a positive response from the insurance sector, with many companies announcing plans to increase their stakes in joint ventures with Indian companies.
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RAJESH MAHATO
RAJESH MAHATO 5 years 7 months ago
The financial sector plays an important role in the functioning of the economy through intermediation. Simply put, the financial sector sits between savers and borrowers: it takes funds from savers (for example, through deposits) and lends them to those who wish to borrow, be they households, businesses or governments.
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Praveen Agarwal
Praveen Agarwal 5 years 7 months ago
आपसे विन्रम निवेदन है कि देश की सभी मंडियों में कृषि उपज के दाम मंडी में आवक के आधार पर नहीं हो बल्कि लागत में लाभ (40 प्रतिशत) जोड़ने के बाद दाम का भुगतान किसानों को किया जाए। मंडियों आवक के आधार पर दाम मिलने से कई किसानों को दशकों से हानि उठानी पड़ रहीं है। अगर दाम लागत में लाभ जोड़ कर भुगतान किया जाएगा तो किसानों को भी लाभ मिलेगा। किसानों को लाभ मिलेगा तो देश का लाभ होगा।
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Likhith C T
Likhith C T 5 years 7 months ago
one country grow means inside people should grow automatically nation economy will improve if people get job will automatically every sector will improve so employment is only suggestion for Indian economy I have a very good ideas to implement minimum 10 crore job please give a forum to explain this directly ctlikhith@gmail.com 9481600001
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NARAYANAMURTHYCR
NARAYANAMURTHYCR 5 years 7 months ago
SIR, THERE IS LOT OF RESENTMENT IN PUBLIC FOR SELLING PS UNITS. PUBLIC DOES NOT UNDERSTAND THE FINANCIAL DIFFICULTY GOVERNMENT FACING. REDUCE THE PUBLIC RESENTMENT AND RAISE MONEY REQUIRED FOR GOVERNMENT CORPUS. REQUIRED MONEY CAN BE EASILY RAISED BY CREATING A PUBLIC TRUST AND INVITING THE PUBLIC TO INVEST. PUBLIC HAS GOT LOT MONEY AT THEIR AND EAGERLY INVEST IN THE TRUST. THE TRUST SHOULD BE HEADED BY A RENEWED INDUSTRIALIST LIKE RATHAN TATA OR NILIKENI. DETAIL CALL ME
mygov_161542290786163001
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MANAN JAIN
MANAN JAIN 5 years 7 months ago
There should be some budget around skill development which would help in creating and getting more jobs and reducing unemployment
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NANDAN SHERLEKAR
NANDAN SHERLEKAR 5 years 7 months ago
Once upon a time we were the richest country without the present financial formulas.What is important is how you make all currencies flowing into India to buy Indian goods or services.Then comes the equations.If we have zero imports & everything is made in India. Our dependency on dollar comes down.we import gold & one of the largest buyers.But we don't have unity to to control gold prices.If every Indian says no to gold which is hypothetical but in reality it can do wonders.
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RAJESH MAHATO
RAJESH MAHATO 5 years 7 months ago
Banks need to ensure that capital allocation to the infrastructure sector is to creditworthy borrowers. Crony lending has been a problem in the banking system. The Economic Survey also highlighted that the banking sector’s problems originated from large loans that were not necessarily lent to the most creditworthy borrowers. This problem gets far more accentuated in the context of infrastructure.
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