When blood is wasted

600,000 litre

What is it? The volume of blood and its various components, in 2.8 million units, discarded by blood banks across India in the last five years.

Why is it important? In 2015-16, the shortage in blood requirement was 10% at a national level, with some states facing acute shortage and others flush with excess supply through blood camps. The wastage, revealed in an RTI query, 24% of which occurred in 2016-17, points to the severe lack of a safe blood sharing network among banks, hospitals across states. Experts also fault indiscriminate blood donation camps, organised by politicians, which end up collecting blood that has no place to be stored and used fruitfully.

Tell me more: Maharashtra, UP, West Bengal, Karnataka and Andhra Pradesh saw high wastage of various components such as plasma (long shelf-life), red blood cells and whole blood.

 

Rs 10,000 crore

What is it? The estimated advertising revenue the Indian Railways plan to earn from 200,000 giant digital screens.

Why is it important? It will boost advertising income, part of non-fare revenues, for IR. The screens alone could then fetch 67% of the estimated revenue of Rs 15,000 crore in non-fare revenue in the next 10 years as set in January. The screens would also display real-time passenger information. The railway display network would first be installed in 400 A category stations.

Tell me more: Non-fare revenue accounted for 6.17% of IR’s total revenue in FY17, and grew from Rs 5,928 crore in FY16 to Rs 10,181 crore FY17.

 

30%

What is it? The percentage of cars in India Volkswagen has been able to correct, after recalling them as they had the defeat device installed along with the EA 189 diesel engine series.

Why is it important? The auto manufacturer admits to a delay in upgrading the recalled vehicles, spanning VW, Audi, and Skoda brands. It had started the recall of 340,000 cars in July 2016 through 2017. This is part of the larger global scandal which beleaguered 11 million of Volkswagen’s cars across the US, Europe and other markets. India’s vehicle testing agency, Arai, found the Indian cars were equipped with a derivative of the defeat device plaguing the EA 189 diesel engines, to pass emission tests.

Tell me more: So far, Volkswagen India has received approval for engine updates for 70% of the recalled vehicles, and says the delay is due to the different makes of cars involved.

 

4.2%

What is it? The boost to real GDP of India, if the aggregate weighted GST (goods and services tax) works out to 16%.

Why is it important? The estimate, by the US Federal Reserve, is based on the assumption that the GST aggregate will work out to be 16%, goods and services are allocated to the four tiers of taxes —  5%, 12%, 18%, and 28% — in a certain way. Lower taxes on manufactured goods would make products cheaper and also help reach the aggregate taxation. An alternate estimate of aggregate weighted GST rate of 20% would provide a boost of 3.1%.

Tell me more: Meanwhile, India’s Niti Aayog estimates GDP to be Rs 469 lakh-crore by 2030.

 

21.4%

What is it? The percentage of vote won by the far-right leader Marine Le Pen in the first round of French presidential elections, with 97% reporting

Why is it important? In the run-off, to be held on May 7th, Le Pen will be facing the centrist Emmanuel Macron of En Marche!, who outpaced her in the first round with 23.9% vote share. For the first time in France’s history, neither of the two mainstream parties in France — Socialists represented by Benoît Hamon and the Republicans represented by François Fillon — made it to the finals. If Le Pen wins, it could mean France taking a nationalist route, away from European Union and Euro.

Tell me more: Macron, a former banker, served as economy minister in Hollande administration till he resigned in 2016 to fight this election. He is 39, and has never fought an election before. Le Pen has been leading her party, FN since 2011, and has increasingly grown stronger, a rise similar to US President Donald Trump.

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News in Numbers – September 9, 2015

News In Numbers: September 9, 2015

 

 

23,604

The number of village panchayats in which the government has laid optic fibre cable (OFC) till July 2015 to provide high-speed broadband connectivity under the BharatNet project. The government plans to connect all 250,000 village panchayats under this plan by end-2016. In a March 2015 report, a committee constituted to review the programme (earlier called the ‘National Optical Fibre Network’) estimated the project cost at Rs 72,778 crore. An addition of 100 users per village panchayat would increase the share of Internet subscribers as a percentage of the total population by 1.9%. The committee also estimated that the increased Internet penetration would translate to potential economic benefit of Rs 66,465 crore in 2018-19.

 

45%

Share of Mumbai, Delhi and Bengaluru in the total bids received for FM radio stations in the ongoing e-auctions. The bid price for a radio station was Rs 169.2 crore in Delhi, Rs 122.8 crore in Mumbai and Rs 109.3 crore in Bengaluru. Leading stations in Delhi and Mumbai currently generate yearly advertising revenue of Rs 35-40 crore each. There were no takers for 38 stations in 13 cities. The government received bids worth Rs 1,156.9 crore for 97 channels in 56 cities. A Ficci-KPMG study has projected the size of the radio industry to be $19.6 billion in 2015 (calendar year) and $22.3 billion in 2016.

 

6

The number of hotel deals done so far in 2015 as against two in 2014 and three in 2015, according to real estate consultant JLL India. With hotel valuations falling by over 25%, the consultancy expects five more hotel deals to be sealed by end-2015. The major deals concluded this year include ITC acquiring Park Hyatt Hotel in Goa for Rs 515.4 crore, Radhakishan Damani (promoter of hypermarket chain, D-Mart) acquiring Radisson Blu Resort & Spa (Alibaug) for Rs 135 crore and SAMHI Hotels buying a Vizag-based hotel for Rs 90-95 crore. Ratings agency ICRA expects the Indian hotel industry to grow by 5-6% in 2015-16, with occupancy rates improving by 2-4% and revenue per room by 3-5%.

 

20%

One of every five deaths of children below the age of 5 years took place in India in 2015, according to data put out by the British medical journal The Lancet. India lost 1.2 million children below the age of 5 years. The under-5 years mortality rate for India has dropped 62% in 15 years and, currently, stands at 48 deaths per 1,000 live births, against the global average of 43. Pneumonia (15%) and diarrhoea (9%) were the main killers. According to Unicef, India is unlikely to achieve the Millennium Development Goal 4, which aims to reduce under-five mortality by two-thirds between 1990 and 2015, unless the related determinants are “urgently addressed”. Only six states — Kerala, Tamil Nadu, Maharashtra, Punjab, Himachal Pradesh and West Bengal — are likely to achieve this goal.

 

Rs 160-190
The black market cost of a litre of petrol in Manipur currently — about thrice the price in metros. The flow of essential commodities into the state has been hit due to a landslide, which blocked parts of the Imphal-Dimapur highway in August. Further, the weak condition of a bridge on the Imphal-Silchar highway has also hit the movement of supplies. Rationing of fuel is in force, and has led to long queues at petrol outlets. At least 20 people were reportedly killed when a landslide caused by heavy rains buried an entire village in Manipur’s Chandel district last month. Geological Survey of India has estimated that nearly 15% of India’s landmass or 0.49 million sq km area is prone to landslides. There are six states in which most districts fall under high to very high landslide hazard classes, and Manipur is one of them.

 

 

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