Wheat procurement rises to 35.2 million tonnes so far in 2018-19

Crosses govt's target by 10%

by Natasha Nadkar

The government’s wheat procurement rose to 35.2 million tonnes so far in 2018-19. This is 16 per cent higher than the wheat purchased at the same time a year ago. Wheat procurement has crossed government’s target of 32 million tonnes by 10 per cent. The sharp rise in procurement could be attributed to higher minimum support price (MSP). The government is procuring wheat from farmers at MSP of Rs.1,735 per quintal, up from Rs.1,625 per quintal last year. Wheat procurement has already breached the target in Punjab, Haryana, Uttar Pradesh and Madhya Pradesh. Farmers are likely to harvest 97.1 million tonnes in 2017-18 (July-June), slightly less than the record 98.5 million tonnes in the previous year.

References
1. https://www.thehindubusinessline.com/
CMIE STATISTICS
Unemployment Rate
Per cent
6.2 -0.0
Consumer Sentiments Index
Base September-December 2015
102.0 +0.6
Consumer Expectations Index
Base September-December 2015
101.2 +0.5
Current Economic Conditions Index
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Quarterly CapeEx Aggregates
(Rs.trillion) Sep 17 Dec 17 Mar 18 Jun 18
New projects 1.31 1.51 3.41 2.32
Completed projects 1.26 1.16 1.57 0.91
Stalled projects 0.69 0.88 3.44 0.30
Revived projects 0.34 0.24 0.26 0.22
Implementation stalled projects 0.78 0.71 1.92 0.04
Updated on: 19 Aug 2018 8:20PM
Quarterly Financials of Listed Companies
(% change) Sep 17 Dec 17 Mar 18 Jun 18
All listed Companies
 Income 7.9 12.0 9.7 16.3
 Expenses 9.0 13.0 16.2 19.4
 Net profit -18.0 -14.3 -80.1 3.7
 PAT margin (%) 5.5 4.8 1.2 5.5
 Count of Cos. 4,508 4,503 4,360 4,026
Non-financial Companies
 Income 8.2 13.3 11.1 18.5
 Expenses 8.2 12.4 11.7 20.3
 Net profit -6.0 13.2 1.8 33.5
 PAT margin (%) 6.2 6.4 6.6 7.2
 Net fixed assets 9.2 11.8
 Current assets 2.9 7.2
 Current liabilities 11.0 10.4
 Borrowings 3.4 1.9
 Reserves & surplus 7.9 7.2
 Count of Cos. 3,464 3,471 3,372 3,173
Numbers are net of P&E
Updated on: 19 Aug 2018 8:20PM
Annual Financials of All Companies
(% change) FY15 FY16 FY17 FY18
All Companies
 Income 5.6 1.9 6.0 10.3
 Expenses 5.7 2.0 6.0 12.3
 Net profit 0.0 -9.7 25.0 -29.9
 PAT margin (%) 3.0 2.8 3.4 4.4
 Assets 9.5 10.2 7.6 13.2
 Net worth 8.5 11.3 7.9 12.8
 RONW (%) 5.8 4.9 5.8 6.8
 Count of Cos. 26,186 24,491 22,087 922
Non-financial Companies
 Income 4.9 1.1 5.8 9.7
 Expenses 5.1 0.5 6.1 8.6
 Net profit -9.4 19.9 19.8 6.0
 PAT margin (%) 2.0 2.4 2.9 7.7
 Net fixed assets 13.3 22.1 7.3 23.5
 Net worth 7.0 12.0 7.0 10.5
 RONW (%) 4.6 5.1 5.9 13.8
 Debt / Equity (times) 1.1 1.1 1.0 0.4
 Interest cover (times) 1.9 1.9 2.1 6.5
 Net working capital cycle (days) 66 65 62 28
 Count of Cos. 21,360 20,505 18,408 712
Numbers are net of P&E
Updated on: 19 Aug 2018 12:26PM