India Inc would like the upcoming Budget for 2021-22 to focus on creating demand, encourage infrastructure spending and increase outlays for the social sector, a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Dhruva Advisors showed. About 90 per cent of the survey participants said that enhancing economic activity through greater consumption and investment demand should be the government’s focus. About 80 per cent of survey participants felt that Budget must continue with Centre’s policy on strengthening manufacturing while 61 per cent pushed for improvements in the ease of doing business to strengthen the sector. Nearly 40 per cent of the participants believe that personal tax relief should be the key theme of direct tax proposals. Further, nearly 47 per cent have sought widening of the tax slabs in the budget.
References | ||
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Unemployment Rate (30-DAY MVG. AVG.) Per cent |
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7.0 | +0.1 |
Consumer Sentiments Index Base September-December 2015 |
|
55.3 | +0.7 |
Consumer Expectations Index Base September-December 2015 |
|
57.4 | +0.5 |
Current Economic Conditions Index Base September-December 2015 |
|
52.0 | +0.9 |
Updated on : 24 Feb 2021 12:00AM |
(Rs.trillion) | Mar 20 | Jun 20 | Sep 20 | Dec 20 |
---|---|---|---|---|
New projects | 3.82 | 0.86 | 1.15 | 0.91 |
Completed projects | 1.73 | 0.26 | 0.72 | 0.68 |
Stalled projects | 0.73 | 0.11 | 0.08 | 0.30 |
Revived projects | 0.42 | 0.68 | 0.36 | 0.11 |
Implementation stalled projects | 10.22 | 0.09 | 0.07 | 0.12 |
Updated on: 25 Feb 2021 8:28PM |
(% change) | Mar 20 | Jun 20 | Sep 20 | Dec 20 |
---|---|---|---|---|
All listed Companies | ||||
Income | -5.0 | -27.6 | -6.3 | 1.5 |
Expenses | -1.8 | -27.9 | -10.3 | -0.1 |
Net profit | -51.1 | -40.3 | 47.2 | 58.4 |
PAT margin (%) | 2.2 | 5.3 | 8.4 | 8.6 |
Count of Cos. | 4,374 | 4,370 | 4,365 | 4,299 |
Non-financial Companies | ||||
Income | -9.0 | -37.4 | -10.5 | 0.0 |
Expenses | -4.8 | -37.7 | -14.2 | -1.0 |
Net profit | -52.2 | -56.0 | 31.5 | 55.2 |
PAT margin (%) | 3.1 | 4.5 | 8.1 | 9.0 |
Net fixed assets | 13.5 | 5.8 | ||
Current assets | 2.5 | 0.7 | ||
Current liabilities | 5.4 | -2.8 | ||
Borrowings | 15.8 | 8.1 | ||
Reserves & surplus | 1.7 | 4.4 | ||
Count of Cos. | 3,256 | 3,252 | 3,250 | 3,205 |
Numbers are net of P&E | ||||
Updated on: 25 Feb 2021 8:28PM |
(% change) | FY18 | FY19 | FY20 |
---|---|---|---|
All Companies | |||
Income | 8.4 | 13.5 | -0.2 |
Expenses | 9.9 | 13.8 | 0.1 |
Net profit | -41.4 | 16.6 | -12.8 |
PAT margin (%) | 1.9 | 2.2 | 3.6 |
Assets | 10.9 | 9.6 | 9.2 |
Net worth | 7.3 | 8.4 | 4.6 |
RONW (%) | 3.3 | 3.9 | 5.3 |
Count of Cos. | 30,112 | 29,570 | 11,060 |
Non-financial Companies | |||
Income | 8.6 | 14.1 | -3.0 |
Expenses | 8.8 | 14.3 | -2.4 |
Net profit | -9.8 | 21.1 | -22.6 |
PAT margin (%) | 2.7 | 3.0 | 3.7 |
Net fixed assets | 7.2 | 5.5 | 11.8 |
Net worth | 6.0 | 8.0 | 1.6 |
RONW (%) | 5.6 | 6.5 | 6.5 |
Debt / Equity (times) | 1.0 | 1.0 | 0.9 |
Interest cover (times) | 2.1 | 2.3 | 2.5 |
Net working capital cycle (days) | 78 | 71 | 59 |
Count of Cos. | 24,243 | 23,774 | 8,018 |
Numbers are net of P&E | |||
Updated on: 19 Feb 2021 9:59PM |