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
Per cent
3.8 +0.1
Consumer Sentiments Index
Base September-December 2015
99.3 -0.2
Consumer Expectations Index
Base September-December 2015
101.7 +0.3
Current Economic Conditions Index
Base September-December 2015
95.5 -0.9
Quarterly CapeEx Aggregates
(Rs.trillion) Jun 16 Sep 16 Dec 16 Mar 17
New projects 1.45 2.35 1.42 2.82
Completed projects 0.90 2.19 0.88 1.41
Stalled projects 1.40 0.64 1.01 0.32
Revived projects 0.43 0.51 0.17 0.62
Implementation stalled projects 0.50 0.57 0.80 0.26
Updated on: 30 Apr 2017 12:20PM
Quarterly Financials of Listed Companies
(% change) Jun 16 Sep 16 Dec 16 Mar 17
All listed Companies
 Income -0.9 2.1 6.3 12.5
 Expenses -0.3 1.9 6.6 16.1
 Net profit -4.1 14.7 36.5 5.4
 PAT margin (%) 6.9 6.9 6.0 13.8
 Count of Cos. 4,489 4,473 4,435 185
Non-financial Companies
 Income -2.5 0.6 6.1 13.2
 Expenses -2.9 -0.2 7.6 18.1
 Net profit 9.6 26.8 20.7 5.1
 PAT margin (%) 7.4 6.9 6.1 13.7
 Net fixed assets -9.2 1.7
 Current assets 8.1 4.1
 Current liabilities 11.6 12.1
 Borrowings 3.1 10.6
 Reserves & surplus 8.4 18.5
 Count of Cos. 3,498 3,482 3,460 127
Numbers are net of P&E
Updated on: 30 Apr 2017 12:29PM
Annual Financials of All Companies
(% change) FY13 FY14 FY15 FY16
All Companies
 Income 12.0 9.6 4.9 0.8
 Expenses 12.2 9.5 4.9 1.0
 Net profit 1.2 -3.7 2.2 -13.7
 PAT margin (%) 3.6 3.2 3.2 3.1
 Assets 14.1 12.3 9.1 8.2
 Net worth 9.5 9.6 8.5 7.2
 RONW (%) 6.8 6.0 6.0 5.4
 Count of Cos. 23,921 21,271 20,226 16,111
Non-financial Companies
 Income 11.3 9.3 4.0 -0.3
 Expenses 11.6 8.9 4.1 -1.0
 Net profit -8.5 -5.0 -4.1 11.3
 PAT margin (%) 2.4 2.1 2.1 2.8
 Net fixed assets 12.8 11.5 12.9 12.4
 Net worth 7.7 8.5 7.0 6.5
 RONW (%) 5.5 4.8 4.8 5.7
 Debt / Equity (times) 1.1 1.1 1.1 1.0
 Interest cover (times) 2.1 1.9 1.9 2.1
 Net working capital cycle (days) 72 69 68 68
 Count of Cos. 18,454 16,748 15,978 13,008
Numbers are net of P&E
Updated on: 21 Apr 2017 9:39AM

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