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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)
ARUN KUMAR TIWARI
ARUN KUMAR TIWARI 5 years 7 months ago
राज्य सरकारों को खरीदी सीमा में 4℅ से ज्यादा की छूट प्रदान किये जाने से राज्यों के विकास दरों में भी तेजी आएगी। चूंकि वर्तमान परिवेश कोरोना पेंडमिक क्राइसिस के कारण जहां GDP बहुत ही कम हो गयी थी । इस संकट के घड़ी में भी वर्तमान भारत सरकार द्वारा राज्यों के हितों को ध्यान में रखते हुए 4%की सीमा से ऊपर की खरीदी पर छूट दिया जाना सकारात्मक कदम है।
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ARUN KUMAR TIWARI
ARUN KUMAR TIWARI 5 years 7 months ago
राजकोषीय घाटा को 9.5 घटाकर 2021-22 में 6.8 पर लाना एक चुनौती पूर्ण कार्य है पर भारत सरकार की वर्तमान नितृत्व में यह सम्भव हो सकेगा। जिस तरह से आर्थिक सुधार के निर्णय लिए गए है। उनका दूरगामी परिणाम अवश्य निकलेगा। जिससे कि भारत वर्ष की अर्थव्यवस्था में तेजी आएगी।
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LaxmiNarayan
LaxmiNarayan 5 years 7 months ago
Apart from holding internal discussions on various key numbers of the Budget such as nominal Gross Domestic Product (GDP), projected fiscal deficit, and the revenue and expenditure accounts, the government meets leaders and stakeholders from across sectors such as industry, the financial sector, agriculture, and the social sector to take their inputs and suggestions into the Budget-making exercise.
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NK Nautiyal
NK Nautiyal 5 years 7 months ago
Government have no bussiness to do bussiness. So privatisation is a good thing.It will raise money and people can get better facilites. Private sector participation is also encouraged by this. Bad loans and fraud have increased a lot and there is a need to help banks recover them. So that is also a good clause of the budget .
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Harihara reddy
Harihara reddy 5 years 7 months ago
Good afternoon sirs I am happy to recognise me as top fan with diamond badge and i would like to bring to your notice Elan Musk is launching satellites but its initiatives were many decades back by govt , hence modern projects Like SATELLITE ON THE SURFACE OF THE EARTH, WHIRL WIND WHEEL-WHEEL REVOLUTION WITH AIR REACTOR AUTOMATIC BRAKES WITH ACCIDENTAL FORCES ROBOT are to be initiated by govt which has enough R&D , Govt ffinancial support solve new Innovations and can win public support .
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Rushikesh Ugale
Rushikesh Ugale 5 years 7 months ago
customer wants seamless delivery of services from banks,but they are still going traditionally.Thats why Fintech overtaking banks as they deliver seamless services to customers.
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Rushikesh Ugale
Rushikesh Ugale 5 years 7 months ago
Risk management department should be established in every bank while disbursing loans.Until we would not bother about risk associated with lending,NPA crisis would sustain in banking sector.
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jashanpreet kaur dhanjal
jashanpreet kaur dhanjal 5 years 7 months ago
I am Jashanpreet kaur From Punjab I want that u cancel the farmers Bill's Farmers are on protest , many farmers was dead But u are ignoring farmers No farmers no food Agar farmers nhi hote to aap sb aaj food intake nhi kr rhe hote Kissan majdoor ekta zindabad.
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