Centre to transfer Rs.150 bln to farmers under PM KISAN scheme

Around 75 mln farmers to receive funds from 1 April

by Natasha Nadkar

The Centre is set to transfer around Rs.150 billion to about 75 million farmers from 1 April 2020 under the Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) scheme, as per a report in Economic Times. The amount is expected to help farmers who are struggling to sell their produce during lockdown. The government is currently preparing the list of farmers to be paid the next instalment. Few such lists have already been sent to respective states for validation. Further, the Centre is also verifying data of 100 million farmers with states for linking it with their Aadhaar numbers. The government has distributed around Rs.540 billion benefiting 87.1 million farmers over four equal instalments since December 2019.

PM KISAN beneficiaries in major states (in million nos.)
State Number of Beneficiaries
Uttar Pradesh 18.40
Maharashtra 7.70
Tamil Nadu 3.50
Telangana 3.47
Andhra Pradesh 5.01
Bihar 5.34
Rajasthan 5.09
Madhya Pradesh 4.93

References
1. https://economictimes.indiatimes.com/news/economy/agriculture/modi-govt-to-give-rs-15000-crore-to-farmers-under-pm-kisan-scheme/articleshow/74822249.cms
CMIE STATISTICS
Unemployment Rate
Per cent
11.9 +0.3
Consumer Sentiments Index
Base September-December 2015
81.3 -1.8
Consumer Expectations Index
Base September-December 2015
82.3 -1.7
Current Economic Conditions Index
Base September-December 2015
83.7 -1.6
Quarterly CapEx Aggregates
(Rs.trillion) Jun 19 Sep 19 Dec 19 Mar 20
New projects 1.10 2.06 4.97 2.94
Completed projects 0.88 0.83 1.64 0.77
Stalled projects 0.13 0.41 0.60 0.49
Revived projects 0.29 0.52 0.83 0.41
Implementation stalled projects 0.98 0.85 0.15 1.24
Updated on: 10 Apr 2020 9:28AM
Quarterly Financials of Listed Companies
(% change) Mar 19 Jun 19 Sep 19 Dec 19
All listed Companies
 Income 8.5 4.7 -2.2 -1.7
 Expenses 5.4 2.7 -3.1 -2.2
 Net profit 213.1 17.4 -2.3 -10.3
 PAT margin (%) 3.6 6.2 5.3 5.2
 Count of Cos. 4,437 4,452 4,411 4,356
Non-financial Companies
 Income 8.0 2.4 -6.4 -5.4
 Expenses 7.7 1.7 -6.7 -6.3
 Net profit 1.6 -8.5 -14.9 -13.1
 PAT margin (%) 6.2 6.3 5.8 5.8
 Net fixed assets 5.6 10.4
 Current assets 13.2 4.6
 Current liabilities 7.3 4.8
 Borrowings 12.3 8.4
 Reserves & surplus 7.2 5.9
 Count of Cos. 3,322 3,339 3,314 3,267
Numbers are net of P&E
Updated on: 10 Apr 2020 9:28AM
Annual Financials of All Companies
(% change) FY17 FY18 FY19
All Companies
 Income 6.1 8.1 14.9
 Expenses 6.1 9.5 15.3
 Net profit 26.4 -40.2 20.5
 PAT margin (%) 3.3 2.1 3.2
 Assets 8.6 10.9 9.7
 Net worth 9.6 7.6 8.7
 RONW (%) 5.8 3.5 5.3
 Count of Cos. 27,650 25,093 15,291
Non-financial Companies
 Income 5.8 8.2 15.7
 Expenses 6.0 8.4 16.1
 Net profit 23.2 -9.1 19.5
 PAT margin (%) 2.9 2.8 4.1
 Net fixed assets 9.2 6.9 5.1
 Net worth 8.9 6.1 7.7
 RONW (%) 6.2 5.7 8.2
 Debt / Equity (times) 1.1 1.0 0.8
 Interest cover (times) 2.0 2.2 2.8
 Net working capital cycle (days) 84 76 55
 Count of Cos. 22,609 20,449 11,909
Numbers are net of P&E
Updated on: 05 Apr 2020 5:13PM