With tax revenue shrinking owing to the pandemic, the Centre is expecting the Reserve Bank of India (RBI) to transfer a higher-than-budgeted surplus for the second year in a row in 2020-21. As per a report in Business Standard, the RBI is buying more and more government bonds through Open Market Operations (OMOs) and the Centre is paying interest on that. The interest the RBI earns may be transferred to the government as dividend by the end of the year. The Bimal Jalan committee had recommended that the RBI, at all times, should keep its realized equity at 5.5 to 6.5 per cent of the balance sheet, and the rest could be transferred to the central government.
References | ||
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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 |
Updated on : 22 Jan 2021 12:00AM |
(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 |
(% 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 |
(% 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 |