Indian economy showing signs of revival: Pankaj Chaudhary

The Indian economy is showing signs of revival since the peaking of second wave in first half of May 2021 on the back of targeted fiscal relief, strong push for capital expenditure, Reserve Bank of India (RBI)’s monetary policy measures and a rapid vaccination drive, according to Minister of State for Finance Pankaj Chaudhary. However, he noted that the momentum of economic recovery was moderated by the onset of the second wave of Covid-19. Chaudhary further attributed the recent spike in retail inflation to inflation in food commodities. According to him, the government issuance of order imposing stock limits on pulses applicable to wholesalers, retailers, millers and importers with effect from 2 July 2021 and increasing the number of price monitoring centres under Price Monitoring Scheme will help control the rising prices.

References
1. https://economictimes.indiatimes.com/news/economy/indicators/indian-economy-showing-signs-of-revival-says-union-minister-pankaj-chaudhary/articleshow/84550005.cms
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
Per cent
7.5 -1.4
Consumer Sentiments Index
Base September-December 2015
57.8 +0.3
Consumer Expectations Index
Base September-December 2015
60.1 +0.5
Current Economic Conditions Index
Base September-December 2015
54.3 0.0
Quarterly CapEx Aggregates
(Rs.trillion) Sep 20 Dec 20 Mar 21 Jun 21
New projects 2.53 1.42 2.11 2.72
Completed projects 0.77 0.86 1.15 0.70
Stalled projects 0.08 0.31 0.26 0.32
Revived projects 0.27 0.15 0.22 0.12
Implementation stalled projects 0.09 0.20 0.32 0.25
Updated on: 19 Sep 2021 9:28AM
Quarterly Financials of Listed Companies
(% change) Sep 20 Dec 20 Mar 21 Jun 21
All listed Companies
 Income -6.3 1.6 14.9 42.2
 Expenses -10.3 0.1 7.2 42.2
 Net profit 47.9 58.1 325.4 128.6
 PAT margin (%) 8.4 8.4 8.9 9.1
 Count of Cos. 4,429 4,449 4,351 4,316
Non-financial Companies
 Income -10.5 0.2 17.5 61.1
 Expenses -14.2 -0.8 10.3 62.9
 Net profit 31.8 54.6 233.6 184.7
 PAT margin (%) 8.1 8.8 9.1 8.6
 Net fixed assets 5.9 2.3
 Current assets 0.8 4.6
 Current liabilities -1.8 0.7
 Borrowings 8.5 -4.2
 Reserves & surplus 3.7 12.0
 Count of Cos. 3,282 3,303 3,248 3,233
Numbers are net of P&E
Updated on: 19 Sep 2021 9:28AM
Annual Financials of All Companies
(% change) FY19 FY20 FY21
All Companies
 Income 13.3 0.2 -0.4
 Expenses 13.6 0.1 -2.9
 Net profit 15.2 -10.4 48.3
 PAT margin (%) 2.1 2.1 7.6
 Assets 9.8 8.5 13.9
 Net worth 8.5 4.4 16.0
 RONW (%) 3.8 3.5 9.5
 Count of Cos. 31,664 30,513 3,698
Non-financial Companies
 Income 14.0 -1.7 -3.0
 Expenses 14.2 -1.4 -4.8
 Net profit 21.4 -21.2 30.9
 PAT margin (%) 2.9 2.3 7.3
 Net fixed assets 5.6 10.0 3.4
 Net worth 7.9 2.1 14.4
 RONW (%) 6.4 4.9 11.0
 Debt / Equity (times) 1.0 1.1 0.5
 Interest cover (times) 2.3 1.9 4.6
 Net working capital cycle (days) 74 81 59
 Count of Cos. 25,365 24,409 2,691
Numbers are net of P&E
Updated on: 12 Sep 2021 7:10PM