Govt planning to set up employment centres at rural haats

To create awareness about govt programmes through nodal points

by Arjit Singh Bhambra

The government and industry associations are planning to create nodal points in rural haats of every district, where job providers can meet local job seekers in order to provide employment and carry out skilling or re-skilling activities, as per a report in Economic Times. Haats are traditional open air trading venues in villages. The government, which has been facing criticism about the jobless growth, is also planning to use the haats for creating awareness about its flagship programmes among themasses. The proposal is to be discussed at FICCIs 10th Global Skills Summit to be held in New Delhi on 15 September 2017.

References
1. http://economictimes.indiatimes.com/jobs/idyll-move-rural-haats-set-to-turn-into-career-fairs/articleshow/60468932.cms
CMIE STATISTICS
Unemployment Rate
Per cent
5.3 -0.1
Consumer Sentiments Index
Base September-December 2015
95.8 0.0
Consumer Expectations Index
Base September-December 2015
93.9 0.0
Current Economic Conditions Index
Base September-December 2015
98.7 0.0
Quarterly CapeEx Aggregates
(Rs.trillion) Dec 16 Mar 17 Jun 17 Sep 17
New projects 2.33 3.80 2.06 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: 22 Nov 2017 9:20AM
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 9.9
 Net profit 40.3 15.8 -19.7 -18.1
 PAT margin (%) 6.1 6.0 5.3 5.9
 Count of Cos. 4,507 4,438 4,290 2,783
Non-financial Companies
 Income 5.9 11.8 10.4 8.6
 Expenses 7.2 15.6 10.7 8.6
 Net profit 24.5 -2.5 -25.1 -5.3
 PAT margin (%) 6.2 6.2 5.2 6.8
 Net fixed assets 6.9 10.0
 Current assets 2.6 2.2
 Current liabilities 8.8 10.0
 Borrowings 4.8 4.1
 Reserves & surplus 6.3 8.1
 Count of Cos. 3,488 3,439 3,342 2,037
Numbers are net of P&E
Updated on: 22 Nov 2017 9:30AM
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