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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)
KumariTonimala
KumariTonimala 5 years 7 months ago
Many changes are required in our country.... always we forward in right direction but we use to slow down in between .so my suggestion to you is: suppose we are taking example of ban of plastic.yes I except we follow it for 6-7months but after that same condition...so, I think one special type of dustbin should be kept in each and every street, district,and state especially for things which is made up of plastic and it should be recycle everyday instead of new plastic ... plastic factory should
Gangadhar Rachakonda
Gangadhar Rachakonda 5 years 7 months ago
Sir my suggestion on Bank or post office Deposits of deceased persons.if any person deposited their money for their future necessaries in Banks .etc by giving Nominee in declaration during their life time,in such cases also Banks/post offices are demanding to produce Succession Certificate from civil court, filing of Family members certificate issued by concerned officers is more enough.it leads to civil litigation and keeps as unclaimed Deposits So justify to depositors.
prasad
prasad 5 years 7 months ago
किसान क्रेडिट कार्ड कृषि ऋण पर ब्याज अनुदान को समाप्त करा जाए।
RAJESH MAHATO
RAJESH MAHATO 5 years 7 months ago
Until recently, the financial sector-economic growth relationstiip had not received adequate attention in the economic literature. In classical economics, analysis of the nature of equilibrium between planned savings and investment is made, linking it to the process of financial intermediation, which facilitates the transfer of savings from surplus units to deficit units. Even the neo-classical approach to economic growth had ignored the financial component.
robertsonowal
robertsonowal 5 years 7 months ago
Should Government incentivize citizens for adopting a poor family? Example: A person gets Rs XXX/month for supervising education of a poor family's children, for helping the family to avail Govt. schemes, for educating them about health and diseases etc. Govt can start this initiative with their employees promising incentives/salary-increments/promotion for such Adoption. Or government can also start this initiative by promoting and incentivizing such women .
SUTHAHAR P
SUTHAHAR P 5 years 7 months ago
Budget 2021 looks to address some of the key pertinent issues in Financial Services sector around bad debts, asset restructuring and infrastructure financing. It has also put a focus on achieving growth and investments through divestments of government interests, increase in FDI limit and policy changes on FPI/NRI investments. * Banking * Insurance * Capital Markets