Pradhan Mantri Garib Kalyan Anna Yojana extended till November 2020

by Nidhi Bhati

Prime Minister Narendra Modi has announced extension of the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) till November 2020. The government will spend Rs.900 billion towards the scheme benefiting 800 million people. The scheme was announced first by Finance Minister Nirmala Sitharaman as part of the first rescue package to tackle the coronavirus crisis for three monts till June 2020. Under the scheme, five kg free food grains (rice or wheat) is provided to each member of a family along with one kg free whole chana per family per month. The Prime Minister also announced that the government is working towards centralised ration card as a part of One Nation, One ration card scheme.

References
1. https://www.pib.gov.in/PressReleasePage.aspx?PRID=1635343
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
Per cent
7.1 -1.9
Consumer Sentiments Index
Base September-December 2015
53.7 -0.3
Consumer Expectations Index
Base September-December 2015
55.4 -0.5
Current Economic Conditions Index
Base September-December 2015
51.1 0.0
Quarterly CapEx Aggregates
(Rs.trillion) Mar 20 Jun 20 Sep 20 Dec 20
New projects 3.80 0.83 1.05 0.86
Completed projects 1.77 0.25 0.72 0.58
Stalled projects 0.73 0.11 0.08 0.30
Revived projects 0.42 0.68 0.36 0.09
Implementation stalled projects 10.18 0.09 0.07 0.12
Updated on: 23 Jan 2021 8:28PM
Quarterly Financials of Listed Companies
(% change) Mar 20 Jun 20 Sep 20 Dec 20
All listed Companies
 Income -5.0 -27.6 -6.2 1.4
 Expenses -1.9 -27.9 -10.1 -8.5
 Net profit -48.9 -40.3 45.3 185.3
 PAT margin (%) 2.3 5.3 8.3 16.7
 Count of Cos. 4,358 4,351 4,316 257
Non-financial Companies
 Income -9.0 -37.4 -10.4 -0.7
 Expenses -4.9 -37.6 -14.0 -4.0
 Net profit -50.1 -55.8 29.9 39.2
 PAT margin (%) 3.2 4.5 8.0 17.2
 Net fixed assets 13.3 5.9
 Current assets 3.6 0.8
 Current liabilities 6.2 -2.8
 Borrowings 15.8 8.1
 Reserves & surplus 1.3 4.5
 Count of Cos. 3,244 3,241 3,222 185
Numbers are net of P&E
Updated on: 23 Jan 2021 8:28PM
Annual Financials of All Companies
(% change) FY18 FY19 FY20
All Companies
 Income 8.4 13.5 0.3
 Expenses 9.9 13.8 0.5
 Net profit -41.4 18.5 -11.8
 PAT margin (%) 1.9 2.2 3.8
 Assets 10.9 9.5 9.3
 Net worth 7.4 8.5 4.7
 RONW (%) 3.4 4.0 5.5
 Count of Cos. 29,431 28,732 9,883
Non-financial Companies
 Income 8.6 14.1 -2.6
 Expenses 8.8 14.3 -1.8
 Net profit -10.1 22.6 -24.0
 PAT margin (%) 2.7 3.0 3.9
 Net fixed assets 7.2 5.5 12.4
 Net worth 6.0 8.2 1.7
 RONW (%) 5.6 6.6 6.8
 Debt / Equity (times) 1.0 1.0 0.8
 Interest cover (times) 2.1 2.3 2.6
 Net working capital cycle (days) 77 70 59
 Count of Cos. 23,809 23,199 7,312
Numbers are net of P&E
Updated on: 20 Jan 2021 2:19PM