Punjab govt hikes OBC quota in educational institutes

Quota hiked by 10%

by Amar Sehgal

On 19 April 2017, the Punjab government hiked the reservation quota for Other Backward Classes (OBCs) in educational institutes to 10 per cent. The quota for OBCs has been increased in technical and professional institutions as well. The move aims at uplifting the backward classes which suffered extreme suppression under the SAD-BJP rule. A government spokesman said that the increase in quota will come into immediate effect as a notification regarding this was already issued by the state welfare department. However, the decision will not impact the reservation quota for Scheduled Castes (SCs)/Scheduled Tribes (STs), which stands at 25 per cent.

References
1. http://www.hindustantimes.com/punjab/congress-govt-hikes-obc-quota-in-educational-institutes-to-10-in-punjab/story-MntV6FBahMDc6NcOuedDTP.html
2. http://www.tribuneindia.com/news/punjab/punjab-govt-enhances-obc-quota-in-educational-institutes-to-10-per-cent/394340.html
CMIE STATISTICS
Unemployment Rate
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Consumer Sentiments Index
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Consumer Expectations Index
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Quarterly CapeEx Aggregates
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Quarterly Financials of Listed Companies
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All listed Companies
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 Expenses -0.3 1.9 6.4 11.7
 Net profit -4.0 14.6 38.9 17.8
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Non-financial Companies
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 Expenses -2.9 -0.2 7.4 15.4
 Net profit 9.7 26.7 23.4 -1.5
 PAT margin (%) 7.4 6.9 6.3 6.4
 Net fixed assets -9.2 7.7
 Current assets 8.1 2.4
 Current liabilities 11.6 9.4
 Borrowings 3.1 5.5
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Updated on: 28 Jun 2017 8:30PM
Annual Financials of All Companies
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All Companies
 Income 12.5 9.9 5.0 1.0
 Expenses 12.8 9.8 5.0 1.1
 Net profit 1.1 -2.1 2.0 -11.6
 PAT margin (%) 3.6 3.2 3.3 3.2
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Non-financial Companies
 Income 11.8 9.6 4.1 0.0
 Expenses 12.2 9.2 4.2 -0.8
 Net profit -8.5 -2.4 -5.0 12.5
 PAT margin (%) 2.4 2.2 2.2 2.9
 Net fixed assets 12.9 11.6 13.0 12.4
 Net worth 7.8 8.6 7.3 6.7
 RONW (%) 5.5 5.1 4.9 5.9
 Debt / Equity (times) 1.1 1.1 1.1 1.0
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 Net working capital cycle (days) 72 69 66 66
 Count of Cos. 19,170 17,554 16,934 14,134
Numbers are net of P&E
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