News in Numbers, Aug 29, 2016: Under-reporting of TB cases, ISRO’s scramjet engine test…

22 lakh

What is it? The number of patients that sought treatment from private doctors for tuberculosis in 2014, according to a study. Reporting TB cases by private doctors to the government is mandatory.

Why is it important? This indicates under-reporting by private doctors to the government about the number of TB cases. Private doctors reported just over a lakh of TB cases to the government in 2014. The patients who sought private care spent Rs 395 crore on drugs alone whereas the government offers free treatment in state-run hospitals.

Tell me more: The study was published in Lancet Infectious Diseases Journal. The government’s National Strategic Plan (201-17) aims for a TB-free India. Its had targeted to include early detection and diagnosis of at least 90% of the estimated TB cases by 2015. In addition, it had also aimed to extend the state-run Revised National TB Control Program to those diagnosed and treated in the private sector.

 

2

What is it? The number of scramjet engines that were tested at the launch of ISRO’s Advanced Technology Vehicle from Sriharikota on Sunday.

Why is it important? The technology used in this launch could bring down launch costs by up to 10-fold. Generally, rockets carry both fuel and oxidiser for combustion but in this case, the scramjet engines used oxygen from the atmosphere for combustion, which decreases their weight and increases their efficiency. India is the fourth countryto demonstrate the scramjet engines’ flight.

Tell me more: In addition to another current project that focuses ondevelopment of a reusable launch vehicle, this would help position ISRO as one of low-cost space transportation and exploration service providers.

 

91.79%

What is it? The percentage of police officers in India that face mild to severe fatigue due to occupational hazards, according to a study.

Why is it important? This leads to poor concentration and judgment, reduced vigilance, eye-hand coordination and visual perception, impaired recollection of events and slow reaction times. The alarming percentage suggests that this could be one of the main but often-ignored reasons for the inefficient law enforcement system in the country. India ranked 59 among 102 countries on the World Justice Project Rule of Law Index 2015. In terms of order and security(includes threats such as conventional crime, political violence, violence used as a means to redress personal grievances), it ranks 90 in the list.

Tell me more: The reasons for a majority of the police officers experiencing fatigue include irregular working hours, lack of proper sleep, inadequate or untimely food, inability to meet family members even after work hours, alcohol use, smoking and the non-availability of basic facilities (even bathing), according to the study sponsored by theBureau of Police Research and Development.

 

Rs 30 crore

What is it? The amount the Sports Ministry spent on athletes in the last eight months before the Rio Olympics.

Why is it important? This was a classic case of too little, too late. Sports training requires vigorous and long years of training. The ministry launched the Target Olympic Podium Scheme (TOPS) only in February 2015. Besides, there needs to be a better mechanism to spot talent: of the 109 athletes supported by the ministry, less than a third (27.5%) qualified for Rio Olympics while over two-thirds of those funded under TOPS qualified them to compete in the Games.

Tell me more: India spends Rs 3,200 crore on youth affairs and sports (according to an analysis of sports budgets of six large states), a third of what the UK spends annually on sports training and infrastructure (Rs 9,000 crore).

 

7%

What is it? Japan’s Alzheimer’s disease rate in 2008, up from 1% in 1985 due to the country moving from its traditional to the Western diet, according to a study.

Why is it important? The study, published in the Journal of the American College of Nutrition, says that consumption of traditional foods of countries such as Japan, India and Nigeria lowers the risk of the disease when compared to consumption of a Western diet, which has higher meat content, sweets and high-fat dairy items. Globally, there are 47 million people who have dementia, of which there are 4.1 million people in India, according to a 2015 report.

Tell me more: Consumption of fish, vegetables, fruits, grains, legumes, low-fat dairy products are linked to reduced risks of this disease.

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News in Numbers – September 8, 2015

News In Numbers: September 8, 2015

 

Rs 9,625 crore

The investments in equity mutual funds in August, a 63% increase from July and the 16th consecutive month of inflows, according to the Association of Mutual Funds in India. This is despite Indian share markets having their worst August in four years. Also, Indian equity markets have seen the third-largest outflows in Asia since China devalued its currency last month, with foreign institutional investors pulling out pulling out $3.3 billion. Household ownership in equities , both direct and indirect, has halved in the past 15 years. Just about 2% of Indian households’ total financial assets are invested in stocks, against 35% in the US. A research report by Morgan Stanley estimates that Indian households are likely to invest $300 billion in equities over the next 10 years.

 

Rs 16,000 crore

The likely cost of implementation of the one rank, one pension programme (OROP) for ex-servicemen in 2015-16, according to an HSBC report, which adds this would “have a significant impact on the fiscal bill”. Japanese brokerage Nomura’s estimates of Rs 10,000 crore for 2015-16 are closer to the government’s calculation (Rs 8,000-10,000 crore). Both HSBC and Nomura say OROP would add to the fiscal burden, though the latter does not expect it to derail the 2015-16 fiscal deficit target of 3.9% of GDP. HSBC says the key determinant will be tax revenue growth. The government maintains it has the “fiscal space” to absorb the OROP expenses without affecting its fiscal deficit target.

 

$1 billion

The estimated valuation of Zomato Media in April 2015, which yesterday said it had raised $60 million in fresh capital. The restaurant search and review website is planning to deploy half of the funds raised to grow its India business, with the rest for services business in other countries, besides venturing into two new undisclosed markets. The Indian food services industry is expected to reach $78 billion by 2018, while the overall food ordering business was estimated to be around Rs 5,000-6,000 crore in 2014, according to India Brand Equity Foundation. Several food start-ups in India have entered the online ordering space in the last few years, including FoodPanda, JustEat, Tiny Owl and Swiggy.

 

150

British scientists have discovered a blood test that determines the “biological age” of a person, rather than the one calculated using the date of birth, to predict the rate of ageing in a person. This test, discovered by a team from King’s College London, compares the behaviour of 150 different genes. Instead of looking at genes associated with diseases or extreme longevity, the researchers found out that the ‘activation’ of 150 genes in blood, brain and muscle tissue signalled good health at 65 years of age. For instance, one might be 50 years old but have a body of a 30-year-old due to a good lifestyle. This research also found that people with lower “healthy age gene scores” had been diagnosed with Alzheimer’s disease.

 


Rs 1.7 lakh

The price per sq ft of the built-up area of the property that Aditya Birla Group chairman Kumar Mangalam Birla is close to purchasing in Malabar Hill in Mumbai. At a reported price of Rs 425 crore, this will be one of the most expensive residential property deals in the city. Yet, the price per sq ft of the built-up area for this property is slightly lower than the bungalow (Rs 1.9 lakh) purchased by the managing director of an apparel manufacturing company in Central Delhi for Rs 173 crore. On a total area basis, though, the Mumbai house is priced at Rs 1.3 lakh per sq ft, against the Delhi house of Rs 60,637. The iconic Mumbai property, Jatia House, is currently owned by Chem Mach, a company promoted by industrialist Yashvardhan Jatia.

 

 

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