NSM demands Rs.3.75 trillion relief package for poor households

by Manasi Swamy

The NREGA Sangharsh Morcha (NSM), which is a national platform of workers’ collectives, union, organisations and individuals engaged in public action on MGNREGA, has demanded an emergency relief package of Rs.3.75 trillion from the government in view of the lockdown announced for arresting Coronavirus spread in India. The NSM wants the government to provide Rs.7,000 per month for April and May to poor households. The other demands of the NSM include ensuring availability of cooked meals twice daily at least till the end of May through mid-day meal kitchens, immediate clearance of all pending liabilities of wages and materials under MGNREGA, full wage payment to all registered MGNREGA workers during the lockdown period, advance payment of three months’ pensions (April, May, June) to each pension holder under the National Social Assistance Programme (NSAP) and immediate transfer of the first instalment of the PM-Kisan scheme.

References
1. https://www.thehindubusinessline.com/economy/covid-19-workers-body-seeks-375-lakh-crore-emergency-relief-package-for-poor-households/article31152618.ece
CMIE STATISTICS
Unemployment Rate
Per cent
9.1 -0.1
Consumer Sentiments Index
Base September-December 2015
42.7 +0.4
Consumer Expectations Index
Base September-December 2015
44.6 +0.7
Current Economic Conditions Index
Base September-December 2015
39.8 0.0
Quarterly CapEx Aggregates
(Rs.trillion) Sep 19 Dec 19 Mar 20 Jun 20
New projects 3.12 5.15 3.39 0.57
Completed projects 0.85 1.65 1.70 0.17
Stalled projects 0.41 0.61 1.28 0.11
Revived projects 0.43 0.83 0.42 0.53
Implementation stalled projects 0.90 0.15 9.30 0.07
Updated on: 09 Jul 2020 8:28PM
Quarterly Financials of Listed Companies
(% change) Jun 19 Sep 19 Dec 19 Mar 20
All listed Companies
 Income 4.6 -2.3 -1.7 -4.0
 Expenses 2.7 -3.1 -2.2 -0.9
 Net profit 17.5 -1.3 -11.1 -42.9
 PAT margin (%) 6.2 5.3 5.1 3.1
 Count of Cos. 4,486 4,445 4,407 2,637
Non-financial Companies
 Income 2.4 -6.3 -5.5 -8.1
 Expenses 1.6 -6.7 -6.4 -4.0
 Net profit -7.5 -13.5 -14.1 -45.9
 PAT margin (%) 6.3 5.8 5.7 4.2
 Net fixed assets 10.4 13.8
 Current assets 5.0 2.8
 Current liabilities 5.0 3.8
 Borrowings 8.4 14.9
 Reserves & surplus 6.0 4.3
 Count of Cos. 3,361 3,335 3,301 2,033
Numbers are net of P&E
Updated on: 09 Jul 2020 8:28PM
Annual Financials of All Companies
(% change) FY18 FY19 FY20
All Companies
 Income 8.3 13.2 4.3
 Expenses 9.8 13.4 2.8
 Net profit -39.9 20.7 15.0
 PAT margin (%) 2.0 2.4 10.3
 Assets 10.9 9.2 11.8
 Net worth 7.5 8.5 6.5
 RONW (%) 3.5 4.4 11.7
 Count of Cos. 26,220 24,732 364
Non-financial Companies
 Income 8.5 13.6 0.1
 Expenses 8.6 13.8 -1.2
 Net profit -8.7 23.5 4.6
 PAT margin (%) 2.8 3.2 12.7
 Net fixed assets 7.1 4.9 30.4
 Net worth 6.1 8.4 3.6
 RONW (%) 5.7 7.0 15.3
 Debt / Equity (times) 1.0 0.9 0.5
 Interest cover (times) 2.1 2.4 6.3
 Net working capital cycle (days) 77 69 -13
 Count of Cos. 21,415 20,146 258
Numbers are net of P&E
Updated on: 09 Jul 2020 7:12PM