Centre to transfer Rs.150 bln to farmers under PM KISAN scheme

Around 75 mln farmers to receive funds from 1 April

by Natasha Nadkar

The Centre is set to transfer around Rs.150 billion to about 75 million farmers from 1 April 2020 under the Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) scheme, as per a report in Economic Times. The amount is expected to help farmers who are struggling to sell their produce during lockdown. The government is currently preparing the list of farmers to be paid the next instalment. Few such lists have already been sent to respective states for validation. Further, the Centre is also verifying data of 100 million farmers with states for linking it with their Aadhaar numbers. The government has distributed around Rs.540 billion benefiting 87.1 million farmers over four equal instalments since December 2019.

PM KISAN beneficiaries in major states (in million nos.)
State Number of Beneficiaries
Uttar Pradesh 18.40
Maharashtra 7.70
Tamil Nadu 3.50
Telangana 3.47
Andhra Pradesh 5.01
Bihar 5.34
Rajasthan 5.09
Madhya Pradesh 4.93

References
1. https://economictimes.indiatimes.com/news/economy/agriculture/modi-govt-to-give-rs-15000-crore-to-farmers-under-pm-kisan-scheme/articleshow/74822249.cms
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
Per cent
6.7 -2.4
Consumer Sentiments Index
Base September-December 2015
46.3 -0.4
Consumer Expectations Index
Base September-December 2015
48.7 -0.6
Current Economic Conditions Index
Base September-December 2015
42.5 0.0
Quarterly CapEx Aggregates
(Rs.trillion) Sep 19 Dec 19 Mar 20 Jun 20
New projects 3.25 5.55 3.91 0.68
Completed projects 0.85 1.66 1.73 0.24
Stalled projects 0.41 0.61 0.76 0.11
Revived projects 0.43 0.83 0.42 0.59
Implementation stalled projects 0.91 0.13 9.78 0.08
Updated on: 27 Sep 2020 3:28PM
Quarterly Financials of Listed Companies
(% change) Sep 19 Dec 19 Mar 20 Jun 20
All listed Companies
 Income -2.3 -1.7 -4.9 -28.1
 Expenses -3.1 -2.2 -1.8 -28.4
 Net profit -1.3 -10.8 -47.5 -41.1
 PAT margin (%) 5.3 5.1 2.4 5.3
 Count of Cos. 4,452 4,431 4,247 4,117
Non-financial Companies
 Income -6.3 -5.5 -8.9 -38.4
 Expenses -6.7 -6.4 -4.9 -38.4
 Net profit -13.8 -13.8 -48.5 -60.2
 PAT margin (%) 5.7 5.7 3.4 4.2
 Net fixed assets 10.4 12.9
 Current assets 4.9 3.0
 Current liabilities 5.0 4.8
 Borrowings 8.3 14.7
 Reserves & surplus 5.7 2.1
 Count of Cos. 3,328 3,307 3,201 3,102
Numbers are net of P&E
Updated on: 27 Sep 2020 3:28PM
Annual Financials of All Companies
(% change) FY18 FY19 FY20
All Companies
 Income 8.4 13.3 0.9
 Expenses 9.9 13.5 1.3
 Net profit -40.3 22.2 -14.4
 PAT margin (%) 2.0 2.4 5.1
 Assets 10.9 9.3 9.8
 Net worth 7.5 8.6 6.4
 RONW (%) 3.5 4.3 7.1
 Count of Cos. 27,645 26,682 3,100
Non-financial Companies
 Income 8.7 13.8 -2.7
 Expenses 8.8 14.0 -1.9
 Net profit -9.0 23.4 -21.4
 PAT margin (%) 2.7 3.2 5.7
 Net fixed assets 7.1 5.3 15.3
 Net worth 6.1 8.5 3.7
 RONW (%) 5.7 6.9 9.3
 Debt / Equity (times) 1.0 0.9 0.7
 Interest cover (times) 2.1 2.4 3.4
 Net working capital cycle (days) 77 70 52
 Count of Cos. 22,442 21,605 2,329
Numbers are net of P&E
Updated on: 27 Sep 2020 12:32PM