Punjab govt hikes OBC quota in educational institutes

Quota hiked by 10%

by Amar Sehgal

On 19 April 2017, the Punjab government hiked the reservation quota for Other Backward Classes (OBCs) in educational institutes to 10 per cent. The quota for OBCs has been increased in technical and professional institutions as well. The move aims at uplifting the backward classes which suffered extreme suppression under the SAD-BJP rule. A government spokesman said that the increase in quota will come into immediate effect as a notification regarding this was already issued by the state welfare department. However, the decision will not impact the reservation quota for Scheduled Castes (SCs)/Scheduled Tribes (STs), which stands at 25 per cent.

References
1. http://www.hindustantimes.com/punjab/congress-govt-hikes-obc-quota-in-educational-institutes-to-10-in-punjab/story-MntV6FBahMDc6NcOuedDTP.html
2. http://www.tribuneindia.com/news/punjab/punjab-govt-enhances-obc-quota-in-educational-institutes-to-10-per-cent/394340.html
CMIE STATISTICS
Unemployment Rate
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3.2 -0.0
Consumer Sentiments Index
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Consumer Expectations Index
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Quarterly Financials of Listed Companies
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All listed Companies
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 Expenses 1.9 6.4 11.8 8.7
 Net profit 14.6 40.4 18.0 0.7
 PAT margin (%) 6.9 6.1 6.2 12.6
 Count of Cos. 4,494 4,492 4,357 320
Non-financial Companies
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 Expenses -0.2 7.3 15.4 8.6
 Net profit 26.7 24.7 -0.7 -2.1
 PAT margin (%) 6.9 6.2 6.4 12.5
 Net fixed assets -9.2 7.6
 Current assets 8.1 2.4
 Current liabilities 11.6 9.3
 Borrowings 3.1 5.4
 Reserves & surplus 8.4 7.7
 Count of Cos. 3,491 3,493 3,401 232
Numbers are net of P&E
Updated on: 28 Jul 2017 9:30AM
Annual Financials of All Companies
(% change) FY13 FY14 FY15 FY16
All Companies
 Income 12.6 9.9 5.0 1.0
 Expenses 12.8 9.8 5.1 1.2
 Net profit 1.0 -2.3 1.4 -14.2
 PAT margin (%) 3.5 3.2 3.2 3.1
 Assets 14.3 12.3 9.4 8.7
 Net worth 9.6 9.6 8.8 7.6
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 Count of Cos. 25,169 22,706 21,937 18,146
Non-financial Companies
 Income 11.9 9.6 4.1 0.0
 Expenses 12.2 9.3 4.3 -0.6
 Net profit -8.5 -2.7 -5.9 8.1
 PAT margin (%) 2.4 2.2 2.2 2.8
 Net fixed assets 12.9 11.6 13.2 12.6
 Net worth 7.8 8.6 7.4 6.9
 RONW (%) 5.5 5.1 4.9 5.6
 Debt / Equity (times) 1.1 1.1 1.1 1.0
 Interest cover (times) 2.1 1.9 1.9 2.1
 Net working capital cycle (days) 72 69 67 66
 Count of Cos. 19,615 18,084 17,557 14,859
Numbers are net of P&E
Updated on: 22 Jul 2017 1:04PM

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