Amitabh Kant keen on promoting circular economy

India’s G20 Sherpa and former NITI Aayog chief executive officer Amitabh Kant believes that there is a need to promote a circular economy to deal with the issues related to climate change. Circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. According to Kant, G20 provides an opportunity for accelerating the transition to a circular economy. During G20 presidency, India would lay emphasis on providing a thrust to the circular economy agenda for developing consensus on key issues and seek to address the challenges faced in its implementation.

References
1. https://www.financialexpress.com/economy/need-to-promote-circular-economy-to-deal-with-climate-change-issues-says-amitabh-kant/2889928/
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
Per cent
7.3 +0.7
Consumer Sentiments Index
Base September-December 2015
84.9 0.0
Consumer Expectations Index
Base September-December 2015
84.0 0.0
Current Economic Conditions Index
Base September-December 2015
86.4 0.0
Quarterly CapEx Aggregates
(Rs.trillion) Mar 22 Jun 22 Sep 22 Dec 22
New projects 8.68 5.20 4.42 6.68
Completed projects 1.33 1.18 1.36 1.61
Stalled projects 0.43 0.53 0.07 0.01
Revived projects 0.33 0.29 0.12 0.32
Implementation stalled projects 0.09 0.29 0.26 0.11
Updated on: 07 Feb 2023 8:28PM
Quarterly Financials of Listed Companies
(% change) Mar 22 Jun 22 Sep 22 Dec 22
All listed Companies
 Income 20.8 40.1 25.2 19.3
 Expenses 19.8 41.4 27.1 20.3
 Net profit 31.6 21.1 -1.4 2.7
 PAT margin (%) 8.8 7.2 7.8 9.9
 Count of Cos. 4,686 4,704 4,582 1,443
Non-financial Companies
 Income 24.8 50.1 27.9 17.9
 Expenses 25.7 52.9 31.5 20.2
 Net profit 10.1 8.4 -21.0 -15.7
 PAT margin (%) 7.6 5.7 5.7 7.1
 Net fixed assets 2.0 4.1
 Current assets 15.0 19.1
 Current liabilities 11.6 10.4
 Borrowings 3.6 12.8
 Reserves & surplus 11.2 7.6
 Count of Cos. 3,398 3,424 3,373 1,058
Numbers are net of P&E
Updated on: 07 Feb 2023 8:28PM
Annual Financials of All Companies
(% change) FY20 FY21 FY22
All Companies
 Income 0.6 -1.4 26.0
 Expenses 0.3 -3.6 24.9
 Net profit -3.0 74.5 63.3
 PAT margin (%) 2.0 4.5 7.2
 Assets 8.9 10.7 9.9
 Net worth 4.8 12.0 14.0
 RONW (%) 3.4 6.9 11.5
 Count of Cos. 31,839 30,688 14,155
Non-financial Companies
 Income -1.1 -2.5 30.7
 Expenses -0.9 -4.4 30.4
 Net profit -20.5 62.4 61.3
 PAT margin (%) 2.3 4.0 6.2
 Net fixed assets 11.4 2.4 2.1
 Net worth 2.1 10.6 14.5
 RONW (%) 4.7 7.6 12.7
 Debt / Equity (times) 1.1 1.0 0.8
 Interest cover (times) 1.9 2.5 4.0
 Net working capital cycle (days) 73 82 59
 Count of Cos. 25,106 24,021 11,477
Numbers are net of P&E
Updated on: 04 Feb 2023 5:32PM