PM Modi to review FDI policy today

Govt to consider relaxing FDI norms in several sectors

by Shallaka Pallikunnath

Prime Minister Narendra Modi is set to review the foreign direct investment (FDI) policy today in order to remove bottlenecks with respect to overseas inflows, as per media reports. The Prime Minister will take stock of the measures taken to ease foreign investment in the country. A road map prepared for further reforms in sectors to boost fund inflow and job creation will also be reviewed. The government is considering to relax FDI norms in various sectors including retail, construction, print media, single brand and multi-brand retail trading. With respect to the construction sector, the government plans to allow FDI for undeveloped plots as opposed to an earlier rule that states that the Indian investee company is permitted to sell only developed plots.

References
1. http://www.business-standard.com/article/economy-policy/pm-modi-to-review-fdi-policy-tomorrow-focus-on-retail-construction-norms-117071300613_1.html
CMIE STATISTICS
Unemployment Rate
Per cent
5.0 -0.1
Consumer Sentiments Index
Base September-December 2015
96.0 0.0
Consumer Expectations Index
Base September-December 2015
94.5 0.0
Current Economic Conditions Index
Base September-December 2015
98.2 0.0
Quarterly CapeEx Aggregates
(Rs.trillion) Dec 16 Mar 17 Jun 17 Sep 17
New projects 2.33 3.81 2.07 1.02
Completed projects 1.01 1.94 1.14 0.99
Stalled projects 1.13 0.70 2.66 0.64
Revived projects 0.18 0.67 0.30 0.23
Implementation stalled projects 0.82 0.33 0.68 0.61
Updated on: 24 Nov 2017 8:20PM
Quarterly Financials of Listed Companies
(% change) Dec 16 Mar 17 Jun 17 Sep 17
All listed Companies
 Income 6.2 10.2 9.8 8.6
 Expenses 6.3 11.9 10.0 9.8
 Net profit 40.3 15.8 -19.7 -17.5
 PAT margin (%) 6.1 6.0 5.3 5.9
 Count of Cos. 4,507 4,438 4,292 2,833
Non-financial Companies
 Income 5.9 11.8 10.4 8.6
 Expenses 7.2 15.6 10.7 8.5
 Net profit 24.5 -2.5 -25.1 -4.6
 PAT margin (%) 6.2 6.2 5.2 6.8
 Net fixed assets 6.9 10.1
 Current assets 2.6 2.3
 Current liabilities 8.8 10.0
 Borrowings 4.8 4.0
 Reserves & surplus 6.3 8.2
 Count of Cos. 3,488 3,439 3,343 2,079
Numbers are net of P&E
Updated on: 24 Nov 2017 8:30PM
Annual Financials of All Companies
(% change) FY14 FY15 FY16 FY17
All Companies
 Income 10.0 5.2 1.1 6.6
 Expenses 9.9 5.2 1.2 6.8
 Net profit -2.2 1.6 -12.9 20.2
 PAT margin (%) 3.2 3.2 2.9 6.5
 Assets 12.3 9.4 9.6 8.8
 Net worth 9.6 8.7 10.3 8.5
 RONW (%) 6.2 6.1 5.1 9.6
 Count of Cos. 23,895 23,579 20,184 3,629
Non-financial Companies
 Income 9.7 4.3 0.1 6.5
 Expenses 9.3 4.5 -0.6 7.4
 Net profit -2.7 -5.5 11.5 14.3
 PAT margin (%) 2.2 2.1 2.6 6.5
 Net fixed assets 11.6 13.4 15.1 7.3
 Net worth 8.2 7.1 10.6 7.2
 RONW (%) 5.1 4.9 5.4 11.0
 Debt / Equity (times) 1.1 1.1 1.1 0.6
 Interest cover (times) 2.0 1.9 2.0 3.7
 Net working capital cycle (days) 69 67 66 50
 Count of Cos. 19,154 19,053 16,707 2,782
Numbers are net of P&E
Updated on: 15 Nov 2017 2:29PM

Data added for HPI at Assessment prices and HPI at Market prices