The central government has expressed unwillingness to set up a fiscal council as was suggested by the different finance commissions. The 13th, 14th and 15th finance commissions had suggested to set up an independent fiscal council to assess and monitor fiscal policy, effective implementation of fiscal rules and strengthening of fiscal performance. Disagreeing with the suggestion, Minister of State for Finance Pankaj Chaudhary told the Rajya Sabha that institutions such as the Comptroller and Auditor General of India, the National Statistical Commission, the finance commission are already performing some or all of the roles proposed for the fiscal council.
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 |