Sushil Modi urges for glitch free rollout of e-way bill

Suggests to set up centralised help desk, appoint nodal officer

by Nidhi Bhati

To avoid supply chain bottlenecks, Bihar deputy chief minister Sushil Modi has urged finance secretary Hasmukh Adhia to ensure that the nationwide rollout of e-way bill in February 2018 is smooth and there are no technical glitches. He has suggested to set up a round-the-clock centralised help desk and a standard operating procedure to deal with various situations that might arise. Modi also recommends appointment of a nodal officer to address hurdles in the functioning. The e-way bill will help the central and state tax authorities track inter-state and intra-state movements of goods that are part of consignments of Rs.50,000 or more.

References
1. http://www.business-standard.com/article/economy-policy/sushil-modi-pitches-for-error-free-e-way-bill-118010200041_1.html
CMIE STATISTICS
Unemployment Rate
Per cent
5.5 +0.0
Consumer Sentiments Index
Base September-December 2015
95.6 +0.2
Consumer Expectations Index
Base September-December 2015
96.0 +0.3
Current Economic Conditions Index
Base September-December 2015
95.0 0.0
Quarterly CapeEx Aggregates
(Rs.trillion) Sep 17 Dec 17 Mar 18 Jun 18
New projects 1.25 1.49 3.42 2.27
Completed projects 1.25 1.16 1.43 0.82
Stalled projects 0.69 0.88 3.41 0.30
Revived projects 0.34 0.22 0.26 0.22
Implementation stalled projects 0.78 0.71 1.92 0.03
Updated on: 20 Jul 2018 12:20PM
Quarterly Financials of Listed Companies
(% change) Sep 17 Dec 17 Mar 18 Jun 18
All listed Companies
 Income 7.9 12.0 10.1 20.1
 Expenses 9.0 13.0 16.8 22.5
 Net profit -18.0 -14.3 -82.0 11.0
 PAT margin (%) 5.5 4.8 1.2 15.0
 Count of Cos. 4,502 4,493 4,286 96
Non-financial Companies
 Income 8.2 13.3 11.5 19.7
 Expenses 8.1 12.3 12.4 23.2
 Net profit -6.1 13.2 -2.6 6.6
 PAT margin (%) 6.2 6.4 6.5 14.9
 Net fixed assets 9.2 11.9
 Current assets 2.9 8.0
 Current liabilities 11.0 10.3
 Borrowings 3.4 1.8
 Reserves & surplus 7.9 7.8
 Count of Cos. 3,460 3,464 3,318 70
Numbers are net of P&E
Updated on: 20 Jul 2018 12:21PM
Annual Financials of All Companies
(% change) FY15 FY16 FY17 FY18
All Companies
 Income 5.6 1.8 5.9 11.6
 Expenses 5.7 1.9 5.9 16.1
 Net profit 0.1 -9.7 25.3 -43.1
 PAT margin (%) 3.0 2.8 3.4 4.3
 Assets 9.5 10.2 7.4 14.3
 Net worth 8.5 11.3 7.6 13.7
 RONW (%) 5.8 4.9 5.8 5.3
 Count of Cos. 26,129 24,412 21,971 368
Non-financial Companies
 Income 4.9 1.0 5.7 9.9
 Expenses 5.0 0.3 6.1 9.2
 Net profit -8.6 19.9 20.2 8.9
 PAT margin (%) 2.0 2.4 3.0 12.1
 Net fixed assets 13.3 17.8 6.6 55.5
 Net worth 7.0 12.1 6.5 10.3
 RONW (%) 4.6 5.1 5.9 15.0
 Debt / Equity (times) 1.1 1.1 1.0 0.3
 Interest cover (times) 1.9 1.9 2.1 8.8
 Net working capital cycle (days) 66 65 62 7
 Count of Cos. 21,306 20,431 18,292 255
Numbers are net of P&E
Updated on: 20 Jul 2018 4:05PM