HLEG on agricultural exports submits report on performance incentives

by Nidhi Bhati

The 15th Finance Commission has set up a high-level experts group (HLEG) on agricultural exports to recommend measurable performance incentives for states to encourage agricultural exports and to promote crops to enable high import substitution. The HLEG in its report suggested to focus on 22 crop value chains, creation of a state-led export plan with the private sector playing an anchor role and the Centre acting as an enabler. The group also suggested robust institutional mechanism to fund and support implementation. The HLEG believes that agricultural export has the potential to grow to USD 70 billion from USD 40 billion in a few years. The estimated investment in agricultural export could be in the tune to USD 8-10 billion across inputs, infrastructure, processing and demand enablers. Additional exports are likely to create an estimated 7-10 million jobs and will lead to higher farm productivity and farmer income.

References
1. https://www.pib.gov.in/PressReleasePage.aspx?PRID=1642591
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
Per cent
7.7 +0.1
Consumer Sentiments Index
Base September-December 2015
44.7 0.0
Consumer Expectations Index
Base September-December 2015
46.9 -0.6
Current Economic Conditions Index
Base September-December 2015
41.2 +1.1
Quarterly CapEx Aggregates
(Rs.trillion) Sep 19 Dec 19 Mar 20 Jun 20
New projects 3.18 5.26 3.73 0.61
Completed projects 0.84 1.65 1.74 0.19
Stalled projects 0.41 0.61 0.77 0.11
Revived projects 0.43 0.83 0.42 0.55
Implementation stalled projects 0.90 0.15 9.55 0.08
Updated on: 09 Aug 2020 3:28PM
Quarterly Financials of Listed Companies
(% change) Sep 19 Dec 19 Mar 20 Jun 20
All listed Companies
 Income -2.3 -1.7 -4.8 -25.2
 Expenses -3.1 -2.2 -1.8 -27.0
 Net profit -1.3 -11.1 -45.0 -16.4
 PAT margin (%) 5.3 5.1 2.6 7.8
 Count of Cos. 4,450 4,422 4,068 815
Non-financial Companies
 Income -6.3 -5.5 -8.9 -35.8
 Expenses -6.7 -6.3 -4.9 -37.2
 Net profit -13.6 -14.1 -46.6 -37.9
 PAT margin (%) 5.8 5.7 3.6 7.0
 Net fixed assets 10.4 13.1
 Current assets 5.0 2.9
 Current liabilities 5.0 4.6
 Borrowings 8.4 14.6
 Reserves & surplus 5.9 2.2
 Count of Cos. 3,339 3,312 3,073 640
Numbers are net of P&E
Updated on: 09 Aug 2020 3:28PM
Annual Financials of All Companies
(% change) FY18 FY19 FY20
All Companies
 Income 8.4 13.2 5.6
 Expenses 9.8 13.4 3.8
 Net profit -40.0 21.8 27.0
 PAT margin (%) 2.0 2.4 6.3
 Assets 10.9 9.3 12.3
 Net worth 7.5 8.5 9.7
 RONW (%) 3.5 4.4 7.4
 Count of Cos. 26,669 25,353 1,255
Non-financial Companies
 Income 8.6 13.7 0.7
 Expenses 8.7 13.8 0.2
 Net profit -8.6 24.3 -2.8
 PAT margin (%) 2.7 3.2 8.5
 Net fixed assets 7.1 5.0 23.4
 Net worth 6.1 8.4 6.0
 RONW (%) 5.7 7.0 11.4
 Debt / Equity (times) 1.0 1.0 0.6
 Interest cover (times) 2.1 2.4 3.9
 Net working capital cycle (days) 77 70 18
 Count of Cos. 21,754 20,625 909
Numbers are net of P&E
Updated on: 05 Aug 2020 5:28PM