Single window system for clearances to be set up soon

Centre to bring out strategy paper on boosting industrial growth

by Nidhi Bhati

The central government is working on setting up a single window system for clearances and approvals of industry, Commerce & Industry Minister informed the Parliament on 16 September 2020. Elaborating further, Goyal said that a cell is being planned as a one-stop digital platform to obtain all requisite central and state clearances and approvals to start business operations in the country. The investment clearance cell will be a national portal that integrates the existing clearance systems of various ministries and departments of the government and of states without disrupting the existing information technology portals of ministries. Goyal also stated that the government is in the process of bringing out a strategy paper on boosting industrial growth which will be a road map for all businesses in the country.

References
1. https://www.business-standard.com/article/economy-policy/govt-working-on-setting-up-single-window-system-for-clearances-goyal-120091601685_1.html
2. https://economictimes.indiatimes.com/news/economy/policy/government-to-bring-out-strategy-paper-on-boosting-industrial-growth-piyush-goyal/articleshow/78147640.cms
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
Per cent
6.9 0.0
Consumer Sentiments Index
Base September-December 2015
46.5 0.0
Consumer Expectations Index
Base September-December 2015
49.0 +0.6
Current Economic Conditions Index
Base September-December 2015
42.5 -1.1
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: 26 Sep 2020 9:28AM
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 -47.4 -41.1
 PAT margin (%) 5.3 5.1 2.4 5.3
 Count of Cos. 4,452 4,431 4,245 4,112
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 -48.4 -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 3,199 3,098
Numbers are net of P&E
Updated on: 26 Sep 2020 9:28AM
Annual Financials of All Companies
(% change) FY18 FY19 FY20
All Companies
 Income 8.4 13.4 1.2
 Expenses 9.9 13.6 1.6
 Net profit -40.3 21.9 -12.3
 PAT margin (%) 2.0 2.4 5.1
 Assets 10.9 9.3 9.9
 Net worth 7.5 8.6 6.8
 RONW (%) 3.5 4.3 7.2
 Count of Cos. 27,531 26,568 2,842
Non-financial Companies
 Income 8.7 13.9 -2.3
 Expenses 8.8 14.0 -1.6
 Net profit -9.0 25.0 -19.7
 PAT margin (%) 2.7 3.2 5.8
 Net fixed assets 7.1 5.3 16.0
 Net worth 6.1 8.6 3.9
 RONW (%) 5.7 6.9 9.6
 Debt / Equity (times) 1.0 1.0 0.7
 Interest cover (times) 2.1 2.4 3.6
 Net working capital cycle (days) 77 70 47
 Count of Cos. 22,401 21,603 2,134
Numbers are net of P&E
Updated on: 20 Sep 2020 8:59PM