Bibek Debroy calls for reprioritisation of public expenditure on health, decentralisation

by Nidhi Bhati

Chairman of the Prime Minister’s Economic Council Bibek Debroy has called for reprioritisation of public expenditure on health as well as decentralisation in view of the ongoing Covid-19 pandemic crisis. Stating that there is heterogeneity of governance in India, Debroy emphasised on the importance of decentralising indicators. The Ministry of Statistics & Programme Implementation (MoSPI) secretary Pravin Srivastava added that the traditional data collection mechanisms will face challenges and adapt to the situation. To improve data quality, a generalised survey solution for more intelligent data capturing using mobile devices, e-Sigma, is being launched and it will be augmented by telephonic and web-based interviews.

References
1. https://economictimes.indiatimes.com/news/economy/policy/reallocation-of-public-spends-on-health-decentralisation-required-bibek-debroy/articleshow/76684873.cms
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 3:28PM
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 -43.0
 PAT margin (%) 6.2 5.3 5.1 3.1
 Count of Cos. 4,486 4,445 4,406 2,629
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 3,300 2,031
Numbers are net of P&E
Updated on: 09 Jul 2020 3:28PM
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