UNESCAP pegs India's gross financing needs at 10-16%

by Nidhi Bhati

The United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) has estimated the gross financing needs of India at 10-16 per cent of GDP. The agency has attributed the country’s wider fiscal deficit to discretionary measures and the direct impact of the Covid-19 pandemic on revenues. It further stated that in the Asia Pacific region, many central banks have been buying government bonds, as in India and early evidence suggests that such interventions were helpful as bond yields declined and exchange rates stabilised.

References
1. https://economictimes.indiatimes.com/news/economy/indicators/rbis-bond-buys-helped-india-during-pandemic-keralas-public-health-service-has-excellent-reputation-unescap/articleshow/82162305.cms
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
Per cent
9.1 +2.5
Consumer Sentiments Index
Base September-December 2015
49.1 -1.4
Consumer Expectations Index
Base September-December 2015
51.0 -1.1
Current Economic Conditions Index
Base September-December 2015
46.1 -1.9
Quarterly CapEx Aggregates
(Rs.trillion) Jun 20 Sep 20 Dec 20 Mar 21
New projects 0.96 1.42 1.17 1.62
Completed projects 0.28 0.74 0.84 0.92
Stalled projects 0.11 0.08 0.31 0.14
Revived projects 0.68 0.29 0.15 0.14
Implementation stalled projects 0.09 0.07 0.15 0.30
Updated on: 18 May 2021 8:28PM
Quarterly Financials of Listed Companies
(% change) Jun 20 Sep 20 Dec 20 Mar 21
All listed Companies
 Income -27.7 -6.3 1.6 15.8
 Expenses -27.9 -10.3 0.2 9.8
 Net profit -40.4 47.3 57.3 77.5
 PAT margin (%) 5.2 8.3 8.4 12.2
 Count of Cos. 4,404 4,404 4,378 547
Non-financial Companies
 Income -37.4 -10.5 0.2 20.4
 Expenses -37.7 -14.2 -0.7 14.8
 Net profit -55.9 31.5 53.6 66.8
 PAT margin (%) 4.5 8.1 8.8 12.6
 Net fixed assets 5.9 4.9
 Current assets 0.7 7.7
 Current liabilities -2.7 -5.6
 Borrowings 8.3 -8.0
 Reserves & surplus 4.2 16.8
 Count of Cos. 3,267 3,266 3,252 415
Numbers are net of P&E
Updated on: 18 May 2021 8:29PM
Annual Financials of All Companies
(% change) FY19 FY20 FY21
All Companies
 Income 13.4 0.0 -5.8
 Expenses 13.8 0.0 -6.9
 Net profit 15.2 -10.9 3.5
 PAT margin (%) 2.1 2.1 10.1
 Assets 9.8 8.1 2.4
 Net worth 8.5 4.4 0.7
 RONW (%) 3.8 3.5 11.8
 Count of Cos. 30,903 29,539 49
Non-financial Companies
 Income 14.1 -1.9 -6.6
 Expenses 14.3 -1.6 -7.7
 Net profit 21.7 -21.2 2.0
 PAT margin (%) 2.9 2.4 10.5
 Net fixed assets 5.6 9.4 -0.3
 Net worth 8.0 2.2 -0.1
 RONW (%) 6.4 4.9 13.2
 Debt / Equity (times) 1.0 1.1 0.1
 Interest cover (times) 2.3 2.0 21.1
 Net working capital cycle (days) 73 80 38
 Count of Cos. 24,728 23,541 40
Numbers are net of P&E
Updated on: 11 May 2021 3:39PM