Centre considering Rs.600 bln income support plan

One-time transfer of Rs.6,000 into accounts of about 100 mln poor families

by Nidhi Bhati

The central government is considering a Rs.600 billion income support scheme for the poor to provide relief during the coronavirus outbreak, as per a report in Business Standard. The scheme could mean transferring Rs.5,000-6,000 into the bank accounts of 80-100 million poor families. Discussions are also being held on allowing a deferment of equated monthly installments (EMIs) for targeted individuals and loan repayments for micro, small and medium enterprises (MSMEs), as per industry sources.

References
1. https://www.business-standard.com/article/economy-policy/coronavirus-lockdown-rs-60k-crore-income-support-plan-for-poor-in-works-120032600046_1.html
CMIE STATISTICS
Unemployment Rate
Per cent
10.9 +0.5
Consumer Sentiments Index
Base September-December 2015
84.8 -2.4
Consumer Expectations Index
Base September-December 2015
85.6 -2.4
Current Economic Conditions Index
Base September-December 2015
86.9 -2.5
Quarterly CapEx Aggregates
(Rs.trillion) Jun 19 Sep 19 Dec 19 Mar 20
New projects 1.09 2.05 4.95 2.92
Completed projects 0.88 0.83 1.64 0.77
Stalled projects 0.13 0.41 0.60 0.49
Revived projects 0.29 0.52 0.83 0.41
Implementation stalled projects 0.98 0.85 0.15 1.13
Updated on: 08 Apr 2020 3:28PM
Quarterly Financials of Listed Companies
(% change) Mar 19 Jun 19 Sep 19 Dec 19
All listed Companies
 Income 8.5 4.7 -2.2 -1.7
 Expenses 5.4 2.7 -3.1 -2.2
 Net profit 213.1 17.4 -2.3 -10.3
 PAT margin (%) 3.6 6.2 5.3 5.2
 Count of Cos. 4,437 4,452 4,411 4,356
Non-financial Companies
 Income 8.0 2.4 -6.4 -5.4
 Expenses 7.7 1.7 -6.7 -6.3
 Net profit 1.6 -8.5 -14.9 -13.1
 PAT margin (%) 6.2 6.3 5.8 5.8
 Net fixed assets 5.6 10.4
 Current assets 13.2 4.6
 Current liabilities 7.3 4.8
 Borrowings 12.3 8.4
 Reserves & surplus 7.2 5.9
 Count of Cos. 3,322 3,339 3,314 3,267
Numbers are net of P&E
Updated on: 08 Apr 2020 3:28PM
Annual Financials of All Companies
(% change) FY17 FY18 FY19
All Companies
 Income 6.1 8.1 14.9
 Expenses 6.1 9.5 15.3
 Net profit 26.4 -40.2 20.5
 PAT margin (%) 3.3 2.1 3.2
 Assets 8.6 10.9 9.7
 Net worth 9.6 7.6 8.7
 RONW (%) 5.8 3.5 5.3
 Count of Cos. 27,650 25,093 15,291
Non-financial Companies
 Income 5.8 8.2 15.7
 Expenses 6.0 8.4 16.1
 Net profit 23.2 -9.1 19.5
 PAT margin (%) 2.9 2.8 4.1
 Net fixed assets 9.2 6.9 5.1
 Net worth 8.9 6.1 7.7
 RONW (%) 6.2 5.7 8.2
 Debt / Equity (times) 1.1 1.0 0.8
 Interest cover (times) 2.0 2.2 2.8
 Net working capital cycle (days) 84 76 55
 Count of Cos. 22,609 20,449 11,909
Numbers are net of P&E
Updated on: 05 Apr 2020 5:13PM