With the economy having fully recovered from Covid-19, the Department of Revenue in the Ministry of Finance does not see any need to extend the Emergency Credit Line Guarantee Scheme (ECLGS) beyond 31 March 2023, reported Hindu Businessline. The ECLGS was announced in May 2020 to provide additional liquidity to micro, small and medium enterprise (MSME) units to help them cope with the crisis arising out of Covid-19. Out of the total Rs.5 trillion allocated for the scheme, only about Rs.3.6 trillion has been utilised so far.
References | ||
|
Unemployment Rate (30-DAY MVG. AVG.) Per cent |
|
7.7 | +0.8 |
Consumer Sentiments Index Base September-December 2015 |
|
87.9 | +0.2 |
Consumer Expectations Index Base September-December 2015 |
|
88.0 | +0.3 |
Current Economic Conditions Index Base September-December 2015 |
|
87.8 | 0.0 |
Updated on : 23 Mar 2023 12:00AM |
(Rs.trillion) | Mar 22 | Jun 22 | Sep 22 | Dec 22 |
---|---|---|---|---|
New projects | 9.01 | 5.29 | 4.50 | 6.84 |
Completed projects | 1.34 | 1.17 | 1.39 | 1.69 |
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: 24 Mar 2023 9:28AM |
(% 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 | 26.9 | 16.3 |
Net profit | 31.6 | 21.3 | -1.2 | 6.6 |
PAT margin (%) | 8.8 | 7.2 | 7.6 | 8.4 |
Count of Cos. | 4,707 | 4,749 | 4,694 | 4,482 |
Non-financial Companies | ||||
Income | 24.8 | 50.1 | 27.8 | 14.9 |
Expenses | 25.7 | 52.9 | 31.2 | 15.5 |
Net profit | 10.1 | 8.4 | -21.4 | -8.9 |
PAT margin (%) | 7.6 | 5.7 | 5.5 | 6.0 |
Net fixed assets | 2.0 | 4.1 | ||
Current assets | 15.0 | 19.0 | ||
Current liabilities | 11.6 | 10.4 | ||
Borrowings | 3.6 | 12.4 | ||
Reserves & surplus | 11.2 | 6.8 | ||
Count of Cos. | 3,408 | 3,442 | 3,425 | 3,322 |
Numbers are net of P&E | ||||
Updated on: 24 Mar 2023 9:28AM |
(% 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 |