Centre holds first consultative meeting on asset monetisation

by Nidhi Bhati

On 20 January 2021, the Department of Investment and Public Asset Management (DIPAM) in partnership with the World Bank held the first consultative meeting to discuss roadmap on asset monetisation and accelerate sale of non-core assets of public sector enterprises. The meeting was a step towards cooperation and collaboration of all stakeholders as monetisation of assets is a complex task, said a statement from Ministry of Finance. Government has been trying to push assets monetisation since long. However, the process has been delayed as most non-core assets such as land holdings of government-owned enterprises are under litigation.

References
1. https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1690533
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
Per cent
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
Quarterly CapEx Aggregates
(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
Quarterly Financials of Listed Companies
(% 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
Annual Financials of All Companies
(% 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