Tax payer Charter will be part of our statute. Tax harassment cannot be tolerated.

Criminal Libility for Civil liability – The same in compnay law will be removed. Other laws will also be looked into it.

National Recruitment Agency for recruitment for non-gazetted post for conducting exams and recruitment. The same will be setup in all districts.

India will host G-20 residency in 2022 during 75th year of India’s independence. During this event, India would be drive global economic advantage and an allocation of Rs 100 crore has been done for this purpose.

Financial Sector

Robus system to monitor all scheduled banks and all public depositor money is safe

Insurance cover increased to Rs.5 Lakhs from Rs.1 lakhs. Once implemented the deposit upto Rs.5 lakhs is safe

NBFC Eligibility for SARFAESI Act reduced to Rs 100 crore from Rs 500 crore AUM. 

MSME

ubordinate debt for entrepreneurs of MSMEs will be provided and will be treated as quasi-equity

Government has asked RBI to consider extending window of debt structuring by one year to March 2021

Financial Markets

A debt ETF consisting of government securities will be launched.

Disinvestment

LIC to be partially disinvested by way of IPO