NITI Aayog vice chairman Suman Bery has termed the Union Budget 2023-24 as responsible. According to him, the capital expenditure (capex) announcement by the Centre and capex support to states is opposite to freebies and populism. He further stated that the Budget has maintained the focus on social sector schemes, especially on those related to women and tribal welfare. The budgetary allocation for capital expenditure has been enhanced by 33 per cent to Rs.10 trillion for infrastructure development for 2023-24. However, Bery cautioned that efforts would be needed to boost domestic demand, in case global economic growth remains subdued and exports do not pick up.
References | ||
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Unemployment Rate (30-DAY MVG. AVG.) Per cent |
|
7.7 | +0.1 |
Consumer Sentiments Index Base September-December 2015 |
|
89.0 | +0.2 |
Consumer Expectations Index Base September-December 2015 |
|
89.2 | +0.3 |
Current Economic Conditions Index Base September-December 2015 |
|
88.7 | 0.0 |
Updated on : 27 Mar 2023 12:00AM |
(Rs.trillion) | Mar 22 | Jun 22 | Sep 22 | Dec 22 |
---|---|---|---|---|
New projects | 9.01 | 5.29 | 4.50 | 6.84 |
Completed projects | 1.34 | 1.17 | 1.39 | 1.69 |
Stalled projects | 0.43 | 0.54 | 0.08 | 0.01 |
Revived projects | 0.33 | 0.29 | 0.16 | 0.68 |
Implementation stalled projects | 0.09 | 0.29 | 0.28 | 0.11 |
Updated on: 28 Mar 2023 9:28AM |
(% change) | Mar 22 | Jun 22 | Sep 22 | Dec 22 |
---|---|---|---|---|
All listed Companies | ||||
Income | 20.8 | 40.1 | 25.2 | 16.5 |
Expenses | 19.8 | 41.4 | 26.9 | 16.4 |
Net profit | 31.6 | 21.2 | -1.2 | 6.5 |
PAT margin (%) | 8.8 | 7.2 | 7.6 | 8.3 |
Count of Cos. | 4,707 | 4,750 | 4,703 | 4,512 |
Non-financial Companies | ||||
Income | 24.8 | 50.1 | 27.8 | 14.9 |
Expenses | 25.7 | 52.9 | 31.2 | 15.5 |
Net profit | 10.1 | 8.4 | -21.4 | -9.1 |
PAT margin (%) | 7.6 | 5.7 | 5.5 | 6.0 |
Net fixed assets | 2.0 | 4.1 | ||
Current assets | 15.0 | 19.0 | ||
Current liabilities | 11.6 | 10.4 | ||
Borrowings | 3.6 | 12.4 | ||
Reserves & surplus | 11.2 | 6.8 | ||
Count of Cos. | 3,407 | 3,441 | 3,431 | 3,333 |
Numbers are net of P&E | ||||
Updated on: 28 Mar 2023 9:28AM |
(% change) | FY20 | FY21 | FY22 |
---|---|---|---|
All Companies | |||
Income | 0.6 | -1.1 | 26.6 |
Expenses | 0.3 | -3.3 | 25.6 |
Net profit | -2.9 | 73.9 | 63.9 |
PAT margin (%) | 2.1 | 4.5 | 6.7 |
Assets | 8.9 | 10.8 | 10.0 |
Net worth | 4.9 | 11.9 | 14.2 |
RONW (%) | 3.5 | 7.0 | 11.2 |
Count of Cos. | 32,302 | 31,154 | 17,502 |
Non-financial Companies | |||
Income | -1.0 | -2.1 | 30.8 |
Expenses | -0.8 | -4.0 | 30.4 |
Net profit | -19.7 | 61.6 | 61.4 |
PAT margin (%) | 2.3 | 4.0 | 5.8 |
Net fixed assets | 11.5 | 2.5 | 2.4 |
Net worth | 2.3 | 10.5 | 14.7 |
RONW (%) | 4.8 | 7.7 | 12.2 |
Debt / Equity (times) | 1.1 | 1.0 | 0.8 |
Interest cover (times) | 1.9 | 2.5 | 3.8 |
Net working capital cycle (days) | 74 | 81 | 62 |
Count of Cos. | 25,547 | 24,467 | 14,565 |
Numbers are net of P&E | |||
Updated on: 27 Mar 2023 9:58AM |