India's GDP to grow at 11% in 2021-22: CEA

Chief Economic Adviser (CEA) KV Subramanian has exuded confidence that India’s GDP growth during 2021-22 will be around 11 per cent as projected in the Economic Survey in January 2021. He reiterated that the overall economic impact of second wave will not be very large. Subramanian further stated that growth will be aided by various structural reforms, including labour and farm laws, undertaken by the government. Future growth would take place without runaway inflation as India has removed various supply-side friction points through structural reforms during the pandemic, he added.

References
1. https://economictimes.indiatimes.com/news/economy/indicators/growth-in-fy22-to-be-around-11-as-projected-in-economic-survey-says-cea-k-v-subramanian/articleshow/84559889.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