National Institute of Public Finance and Policy (NIPFP) director Pinaki Chakraborty is not in favour of the Reserve Bank of India (RBI) printing more money to finance the fiscal deficit as he believes that it will lead to fiscal profligacy. Acknowledging that high inflation is certainly a concern, Chakraborty stated that there is a need to stabilise inflation to a level which is manageable. The NIPFP director further stated that faster recovery is the key to enhance employment. However, providing support through fiscal measures will provide some livelihood security in the short run, he added.
References | ||
|
Unemployment Rate (30-DAY MVG. AVG.) Per cent |
|
7.3 | +0.8 |
Consumer Sentiments Index Base September-December 2015 |
|
88.5 | -0.2 |
Consumer Expectations Index Base September-December 2015 |
|
88.6 | -0.3 |
Current Economic Conditions Index Base September-December 2015 |
|
88.2 | 0.0 |
Updated on : 18 Mar 2023 12:00AM |
(Rs.trillion) | Mar 22 | Jun 22 | Sep 22 | Dec 22 |
---|---|---|---|---|
New projects | 8.99 | 5.29 | 4.50 | 6.84 |
Completed projects | 1.34 | 1.17 | 1.39 | 1.67 |
Stalled projects | 0.43 | 0.54 | 0.08 | 0.01 |
Revived projects | 0.33 | 0.29 | 0.16 | 0.68 |
Implementation stalled projects | 0.09 | 0.29 | 0.28 | 0.11 |
Updated on: 20 Mar 2023 8:28PM |
(% change) | Mar 22 | Jun 22 | Sep 22 | Dec 22 |
---|---|---|---|---|
All listed Companies | ||||
Income | 20.8 | 40.1 | 25.2 | 16.5 |
Expenses | 19.8 | 41.4 | 27.0 | 16.4 |
Net profit | 31.6 | 21.1 | -1.3 | 5.8 |
PAT margin (%) | 8.8 | 7.2 | 7.6 | 8.3 |
Count of Cos. | 4,700 | 4,738 | 4,678 | 4,456 |
Non-financial Companies | ||||
Income | 24.8 | 50.1 | 27.9 | 14.9 |
Expenses | 25.7 | 52.9 | 31.3 | 15.6 |
Net profit | 10.1 | 8.3 | -21.5 | -10.3 |
PAT margin (%) | 7.6 | 5.7 | 5.5 | 6.0 |
Net fixed assets | 2.0 | 4.1 | ||
Current assets | 15.0 | 19.1 | ||
Current liabilities | 11.6 | 10.4 | ||
Borrowings | 3.6 | 12.7 | ||
Reserves & surplus | 11.2 | 7.6 | ||
Count of Cos. | 3,405 | 3,436 | 3,417 | 3,307 |
Numbers are net of P&E | ||||
Updated on: 20 Mar 2023 8:28PM |
(% change) | FY20 | FY21 | FY22 |
---|---|---|---|
All Companies | |||
Income | 0.6 | -1.2 | 26.5 |
Expenses | 0.3 | -3.5 | 25.4 |
Net profit | -2.9 | 74.2 | 63.3 |
PAT margin (%) | 2.1 | 4.5 | 6.8 |
Assets | 8.9 | 10.7 | 9.9 |
Net worth | 4.9 | 11.8 | 14.1 |
RONW (%) | 3.5 | 7.0 | 11.3 |
Count of Cos. | 32,238 | 31,091 | 16,811 |
Non-financial Companies | |||
Income | -1.0 | -2.3 | 30.7 |
Expenses | -0.8 | -4.2 | 30.3 |
Net profit | -19.8 | 62.1 | 60.8 |
PAT margin (%) | 2.3 | 4.1 | 5.9 |
Net fixed assets | 11.5 | 2.5 | 2.4 |
Net worth | 2.2 | 10.4 | 14.6 |
RONW (%) | 4.8 | 7.7 | 12.4 |
Debt / Equity (times) | 1.1 | 1.0 | 0.8 |
Interest cover (times) | 1.9 | 2.5 | 3.9 |
Net working capital cycle (days) | 73 | 82 | 61 |
Count of Cos. | 25,483 | 24,401 | 13,909 |
Numbers are net of P&E | |||
Updated on: 19 Mar 2023 11:50AM |