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

Reset
Showing 914 Submission(s)
virat.dhanpuri@yahoo.com
Baas Image 91170
VIJAY KUMAR VISHWAKARMA 2 years 8 months ago

नकली नोट के प्रसार, भ्रष्टाचार, कालेधन पर रोकथाम के लिए प्रचारित नोटबंदी के बाद भी उक्त गतिविधियाँ धड़ल्ले से चल रही हैं । डिजिटल लेनदेन बढ़ा है पर अपर्याप्त प्रतीत होता है । वहीं डिजिटल लेनदेन की खामियों के कारण आमजनों को धोखाधड़ी के कारण आर्थिक नुकसान उठाने का भय भी बना रहता है । उपरोक्त तथ्यों के आधार पर देश में डिजिटल मुद्रा व्यवस्था लागू करने से कई समस्याओं से निजात मिलने की संभावना है । उक्त सम्बन्ध में कुछ सुझाव प्रस्तुत हैं -

lpsemwal
Baas Image 130980
Laxmi Prakash Semwal 2 years 8 months ago

Financial sector now needs to focus on miso financial facilities as micro and macro financial inclusion has achieved the goal. Missing middle will get help from this.

Vinayak Shankarrao Khare
Baas Image 213750
Vinayak Shankarrao Khare 2 years 8 months ago

R/Sir, SSS int rates are reduced from Apr2021. Shows total apathy towards middle class sr citizens dependent on int income. Sir person retired in Apr 16 from pvt firm & invested his life earnings say ₹ 27 lacs in SCSS/MIS/vay vandana policy was getting ₹ 224100 interest p.a. barely sufficient to live on. Todays on reinvestment, he will get ₹ 30000 less with 25% inflation in 5 years. Without any social security scheme, market linked rates are detrimental for sr citizens. Pl reconsider decision.

Kritika Nangia
Baas Image 440000
KRITIKA NANGIA 2 years 8 months ago

Government should not promote loan waivers to pro propogate their agendas. This is making creditors lethargic and unwilling to repay the money. Due to which banks suffer.

lpsemwal
Baas Image 130980
Laxmi Prakash Semwal 2 years 8 months ago

Financial products for eventually farmers owned businesses through partnerships of farmers and businesses needs to be promoted as investors in infrastructure to build the space for farm reforms.