Share your ideas for Implementation of Budget Initiatives for the Financial Sector

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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33380
Laxmi Prakash Semwal 1 month 1 week ago

Financial sector like banking, insurance, micro finance and financial inclusion guided by honourable prime minister need all round active participation.

480
Sourabh Dubey 1 month 1 week ago

आदरणीय,
मै सौरभ दुबे रायपुर का निवासी हूँ
मेरे अनुभवानुसार मास्क से ज्यादा सेनेटाईजर पर देना चाहिए क्युकी कोरोना एक ऐसा परजीवि है जो कि छुने से किसी वस्तु से अधिक फ़ैलता है
अत: आपसे निवेदन है की हो सके तो सारे राष्ट्र को राज्य सरकार द्वारा कम दामो में 5 से 10 र मे सेनेटाईजर घर घर / या केम्प द्वारा प्रदान किया जाए जिससे लोग उत्साहित हो इसका उपयोग करे और कोरोना से बचाव हेतु प्रयास सफ़ल हो सके /

🙏🇮🇳 जय हिन्द जय भारत
आपके देश का नागरिक
सौरभ दुबे
रायपुर छ. ग.
8871744178

42550
KRITIKA NANGIA 1 month 1 week ago

One of the problem with industrial finance is that it is grossly inadequate for the continuously growing and large requirements, especially to meet the needs of large industries. Besides, the securing and servicing of foreign funds are becoming difficult and expensive. Thus as a result of paucity of fund the expansion of industries is becoming very difficult.

42550
KRITIKA NANGIA 1 month 1 week ago

One reason is that a bank's chief executives have a short tenure, during which time they want to post higher net profits and cheer investors. This lead to the problems deferred provisioning which is worrying situation.

42550
KRITIKA NANGIA 1 month 1 week ago

One of the biggest problems with the Indian financial sector has to be penetration. Even when the Indian government tried its best to take banking services to the country’s grassroots, there are still people who do not have a bank account yet.

130900
Gagan kaur 1 month 1 week ago

यदि भारत जैसे देश को आत्मनिर्भरता जैसे कदम की ओर बढ़ना है तो FDI का निवेश बढ़ाना होगा लोगो को फण्ड की जरूरत है जिससे अपना व्यपार शुरू किया जा सके नए नए इंटरपेंयुर के लिए एक सम्रद्ध माहौल बन सके वितीय बाजार जोखिमो से भरा है निवेश को किस तरह सुरक्षित किया जाय यह भी जरुरी है बैंको की हालत को देखते हुए प्रत्येक निवेश बीमित होना चाहिये और सबसे ज्यादा जरुरी की हर व्यक्ति को भी अपना पोर्टफोलियो बनाना स्टार्ट करना चाहिये वितीय बाजार बहुत बड़ा है जनता रिस्क नही लेना चाहती सुरक्षहित निवेश को सरल और आसान माना

33380
Laxmi Prakash Semwal 1 month 1 week ago

Micro and miso finance for collectives of women now contributing in women empowerment, livelihood opportunities and sustainable development.