The draft model contract farming act will ensure better price realisation for farmers for their produce and encourage food processing companies to invest in infrastructure and farming technology, as per a report in Economic Times. Stakeholders including contract farming and value chain promoting companies, producers’ organisations and farmers have been asked to submit their feedback on the model act available on the website of ministry of agriculture latest by 6 January 2018 [see here] . Various industry and agricultural experts have welcomed the draft model act. However, a careful review of some of the conditions in the draft act to ensure balanced protection of all stakeholders and to avoid any red-tapism in proposed structure has also been suggested. Experts believe that this would encourage investments and broader use of technology in the agricultural sector, leading to greater productivity and efficiency thereby resulting in increased farmer incomes and food security.
References | ||
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Unemployment Rate Per cent |
|
6.3 | +0.1 |
Consumer Sentiments Index Base September-December 2015 |
|
93.5 | +0.8 |
Consumer Expectations Index Base September-December 2015 |
|
93.9 | +0.6 |
Current Economic Conditions Index Base September-December 2015 |
|
92.8 | +1.0 |
Updated on : 22 Apr 2018 12:00AM |
(Rs.trillion) | Jun 17 | Sep 17 | Dec 17 | Mar 18 |
---|---|---|---|---|
New projects | 2.32 | 1.37 | 1.18 | 2.15 |
Completed projects | 0.87 | 1.21 | 1.02 | 1.06 |
Stalled projects | 2.67 | 0.69 | 0.93 | 3.34 |
Revived projects | 0.30 | 0.34 | 0.23 | 0.14 |
Implementation stalled projects | 0.73 | 0.72 | 0.58 | 1.05 |
Updated on: 23 Apr 2018 12:20PM |
(% change) | Jun 17 | Sep 17 | Dec 17 | Mar 18 |
---|---|---|---|---|
All listed Companies | ||||
Income | 9.6 | 7.9 | 11.9 | 12.3 |
Expenses | 9.9 | 9.0 | 12.9 | 11.5 |
Net profit | -19.9 | -18.1 | -13.9 | 14.1 |
PAT margin (%) | 5.3 | 5.5 | 4.9 | 19.5 |
Count of Cos. | 4,481 | 4,468 | 4,430 | 48 |
Non-financial Companies | ||||
Income | 10.2 | 8.2 | 13.2 | 8.5 |
Expenses | 10.5 | 8.2 | 12.3 | 7.7 |
Net profit | -25.1 | -6.0 | 12.7 | 9.7 |
PAT margin (%) | 5.2 | 6.2 | 6.4 | 19.8 |
Net fixed assets | 9.2 | 0.7 | ||
Current assets | 78.7 | 7.3 | ||
Current liabilities | 11.0 | 21.6 | ||
Borrowings | 10.4 | -5.3 | ||
Reserves & surplus | 5.2 | -2.1 | ||
Count of Cos. | 3,458 | 3,441 | 3,426 | 34 |
Numbers are net of P&E | ||||
Updated on: 23 Apr 2018 12:20PM |
(% change) | FY15 | FY16 | FY17 | FY18 |
---|---|---|---|---|
All Companies | ||||
Income | 5.5 | 1.5 | 5.1 | 1.6 |
Expenses | 5.6 | 1.7 | 5.1 | 0.7 |
Net profit | 0.0 | -10.3 | 23.7 | 9.2 |
PAT margin (%) | 3.1 | 2.8 | 3.6 | 8.3 |
Assets | 9.5 | 10.0 | 6.9 | 3.3 |
Net worth | 8.5 | 11.4 | 6.0 | 2.8 |
RONW (%) | 5.8 | 4.9 | 5.9 | 12.7 |
Count of Cos. | 25,647 | 23,668 | 20,755 | 19 |
Non-financial Companies | ||||
Income | 4.7 | 0.6 | 4.7 | 1.5 |
Expenses | 4.9 | 0.0 | 5.2 | 0.6 |
Net profit | -8.6 | 18.4 | 18.0 | 10.7 |
PAT margin (%) | 2.0 | 2.5 | 3.1 | 7.4 |
Net fixed assets | 13.3 | 17.3 | 5.4 | 4.4 |
Net worth | 6.9 | 12.0 | 4.4 | 2.9 |
RONW (%) | 4.6 | 5.1 | 6.0 | 11.5 |
Debt / Equity (times) | 1.1 | 1.1 | 1.0 | 0.2 |
Interest cover (times) | 1.9 | 1.9 | 2.1 | 11.8 |
Net working capital cycle (days) | 66 | 65 | 62 | 38 |
Count of Cos. | 20,897 | 19,807 | 17,287 | 17 |
Numbers are net of P&E | ||||
Updated on: 18 Apr 2018 11:50AM |
Time series available from 1990 onwards