Former finance secretary Vijay Kelkar believes that urban local bodies can operate as engines of economic growth and job creation only if the union and states agree to proportionate revenue sharing with them. According to him, the central and state governments must reduce their GST share by one per cent each and allocate this two per cent GST share to municipal corporations at the collection stage itself.
| References | ||
|
| 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 | |||
