Former Planning Commission deputy chairman Montek Singh Ahluwalia has stated that India is unlikely to clock average eight per cent GDP growth rate for the next 20 or 30 years. According to him, the notion that in the long-term, growth will take place only because of spillover effects from the United States (US) or Europe does not hold any longer. Spillover effects are from all the other places that are going to grow including Asia, he added. Speaking against the culture of freebies, Ahluwalia stressed on finding ways to curb expenditure to rein in fiscal deficit.
References | ||
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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 |
Updated on : 07 Feb 2023 12:00AM |
(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 | 1.62 |
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: 08 Feb 2023 9:28AM |
(% change) | Mar 22 | Jun 22 | Sep 22 | Dec 22 |
---|---|---|---|---|
All listed Companies | ||||
Income | 20.8 | 40.1 | 25.1 | 19.2 |
Expenses | 19.8 | 41.4 | 27.1 | 20.0 |
Net profit | 31.6 | 21.1 | -1.5 | 3.2 |
PAT margin (%) | 8.8 | 7.2 | 7.8 | 9.7 |
Count of Cos. | 4,686 | 4,704 | 4,585 | 1,628 |
Non-financial Companies | ||||
Income | 24.8 | 50.1 | 27.9 | 17.8 |
Expenses | 25.7 | 52.9 | 31.5 | 19.8 |
Net profit | 10.1 | 8.4 | -21.1 | -14.2 |
PAT margin (%) | 7.6 | 5.7 | 5.6 | 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 | 3,375 | 1,200 |
Numbers are net of P&E | ||||
Updated on: 08 Feb 2023 9:28AM |
(% 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 |