PLI scheme to boost production by USD 520 bln in next 5 yrs: PM

by Nidhi Bhati

Highlighting the importance of production linked incentive (PLI) scheme, Prime Minister Narendra Modi stated that it is expected to increase the country’s production by USD 520 billion in the next five years. The scheme will also enhance the export capabilities of the industries, generate employment and improve income. Modi further stressed on improving the ease of doing business, reducing the compliance burden, cutting down the logistics costs and preparing districts as export hubs. The Prime Minister also highlighted that the government aims to reduce 6,000 compliances at the central and state level.

References
1. https://www.pib.gov.in/PressReleasePage.aspx?PRID=1702640
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
Per cent
7.4 +0.3
Consumer Sentiments Index
Base September-December 2015
57.5 0.0
Consumer Expectations Index
Base September-December 2015
58.9 0.0
Current Economic Conditions Index
Base September-December 2015
55.2 0.0
Quarterly CapEx Aggregates
(Rs.trillion) Jun 20 Sep 20 Dec 20 Mar 21
New projects 0.96 1.40 1.16 1.40
Completed projects 0.26 0.73 0.83 0.62
Stalled projects 0.11 0.08 0.31 0.14
Revived projects 0.68 0.29 0.11 0.13
Implementation stalled projects 0.09 0.07 0.15 0.30
Updated on: 18 Apr 2021 8:28PM
Quarterly Financials of Listed Companies
(% change) Jun 20 Sep 20 Dec 20 Mar 21
All listed Companies
 Income -27.6 -6.3 1.6 6.2
 Expenses -27.9 -10.3 0.1 4.5
 Net profit -40.3 47.2 57.9 12.4
 PAT margin (%) 5.3 8.3 8.5 21.1
 Count of Cos. 4,400 4,400 4,371 22
Non-financial Companies
 Income -37.4 -10.5 0.2 6.1
 Expenses -37.7 -14.2 -0.7 5.2
 Net profit -56.0 31.5 54.6 9.1
 PAT margin (%) 4.5 8.1 8.9 20.7
 Net fixed assets 5.9 2.5
 Current assets 0.7 0.5
 Current liabilities -2.7 5.1
 Borrowings 8.3 6.4
 Reserves & surplus 4.2 5.7
 Count of Cos. 3,265 3,265 3,251 17
Numbers are net of P&E
Updated on: 18 Apr 2021 8:28PM
Annual Financials of All Companies
(% change) FY19 FY20 FY21
All Companies
 Income 13.3 -0.1 -8.7
 Expenses 13.6 -0.1 -9.8
 Net profit 15.4 -10.8 0.2
 PAT margin (%) 2.1 2.1 9.5
 Assets 9.6 7.7 0.3
 Net worth 8.5 4.3 -0.5
 RONW (%) 3.8 3.6 9.3
 Count of Cos. 30,693 29,280 30
Non-financial Companies
 Income 13.9 -2.0 -9.4
 Expenses 14.1 -1.7 -10.7
 Net profit 21.7 -20.9 0.7
 PAT margin (%) 2.9 2.4 10.2
 Net fixed assets 5.5 8.8 0.0
 Net worth 8.1 2.0 -0.7
 RONW (%) 6.4 5.0 10.6
 Debt / Equity (times) 1.0 1.0 0.1
 Interest cover (times) 2.3 2.0 18.8
 Net working capital cycle (days) 71 70 47
 Count of Cos. 24,568 23,344 23
Numbers are net of P&E
Updated on: 11 Apr 2021 5:03PM