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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)
SUTHAHAR P
SUTHAHAR P 5 years 7 months ago
India is expected to be the fourth largest private wealth market globally by 2028. India 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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SUTHAHAR P
SUTHAHAR P 5 years 7 months ago
India is expected to be the fourth largest private wealth market globally by 2028. India's mobile wallet industry is estimated to grow at a Compound Annual Growth Rate (CAGR) of 150% to reach US$ 4.4 billion by 2022, while mobile wallet transactions will touch Rs. 32 trillion (USD$ 492.6 billion) during the same period.
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Vikash Kumar Pandey
Vikash Kumar Pandey 5 years 7 months ago
Sir 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 infrastructure .
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TOPUP GAMING
TOPUP GAMING 5 years 7 months ago
The fundamental success of a strategy depends on three critical factors: a firm’s alignment with the external environment, a realistic internal view of its core competencies and sustainable competitive advantages, and careful implementation and monitoring.[1] This article discusses the role of finance in strategic planning, decision making, formulation, implementation, and monitoring.Any person, corporation, or nation should know who or where they are, where they want to be, and how to get there
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Dev Parth
Dev Parth 5 years 7 months ago
Give instructions to all States and central government offices and school for installation of solar power system in their office. Please give some tax benefits for push up use of solar power system. Jai hind jai Bharat 🇮🇳🇮🇳🇮🇳
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Nidhin
Nidhin 5 years 7 months ago
Respected Modiji,Population of One State 3,56,99,443 &Muslims 88,00,000(25%), 21,683 Madrasas,941Panchayaths,2,04,683 MadrasaTeachers,Salary of one Madrasa Teacher Rs.25,000/-Salary for2,04,683 MadrasaTeachers per month=Rs.511,70,75,000/-ie Rs.512 Crore per month.Salary for2,04,683 Madrasa Teachers per Year=Rs.7580,49,00,000 ie.Rs 7580.49 Crore inYear.For 38 states7580.49x38=Rs.2,88,058.62Crores in year.I request to stop Govt. expenses on Madrasa to teach Quran Sura 9 Ayat 5 & Allah only Great
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Atul Sadgir
Atul Sadgir 5 years 7 months ago
ज्यादा से ज्यादा लोगों के लिये रोजगार उपलब्ध किया जाये
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NITIN MITTAL
NITIN MITTAL 5 years 7 months ago
Improve & reduce complications in tax rules make it easy & simple,income tax & GST laws should be easy to understand & adhere to by public,just by adding more taxes & compliance burden we cannot progress & become a 5 trillion dollar economy
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