News in Numbers – September 7

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Rs 249

What is it? The monthly price at which state-owned BSNL is offering unlimited usage broadband connection on a landline.

Why is it important? BSNL’s offer comes in the wake of Reliance Jio shaking up the Internet access segment, offering 4G wireless services free till December and subsequently at an effective cost of Rs 50 per GB. As of April, BSNL was number one in broadband in the landline segment (9.9 million subscribers) and number five in mobile broadband (10.6 million).

Tell me more: BSNL will offer a speed of 2Mbps for 1 GB of data and 1 Mbps subsequently. This offer is for six months, after which subscribers will move to a BSNL plan with less generous terms.

8

What is it? Number of additional teams that Gianni Infantino, president of the world soccer governing body, is pitching for in the 2026 FIFA World Cup—from the current 32 to 40.

Why is it important? More teams means greater viewer interest—and commercial value—in the event around the world. But it can also entail a format rejig, potentially translating into a longer tournament and even fewer matchups between top teams.

Tell me more: After staying constant at 16 for nearly five decades, the number of teams in the World Cup increased to 24 in 1982 and then to 32 in 1998.

15,000 cusecs 

What is it? The amount of water to be released by Karnataka per day for the next 10 days to Tamil Nadu, per Supreme Court order on Tuesday.

Why is it important? Violent protests erupted in Karnataka almost immediately after the Supreme Court delivered its verdict. This adversely impacted the inter-state movement of people as Tamil Nadu registered buses were stopped from crossing the border fearing safety of passengers and buses.

Tell me more: As per the final verdict of Cauvery Water Disputes Tribunal, Karnataka has to release 192 thousands million cubic feet of water to Tamil Nadu. It specified how much should be released each month. The problem arises when monsoon is deficit like this year so far. The tribunal only stated water share should be proportionately reduced, but did not spell out a formula.

6

What is it? The number of Karnataka-based schools that lost their CBSE (Central Board of Secondary Education) affiliation because they produced fake minority certificates to circumvent Right to Education Act provisions.

Why is it important? RTE Act stipulates that 25% of the seats be reserved for economically backward and disadvantaged sections of the society. While it highlights CBSE’s tough stance, the incident also reflects the extent to which educational institutions flout rules. It comes a day after an UNESCO report warned that India will be late by 50 years in achieving its education goals.

Tell me more: The six schools – five based in Bangalore and one in Mysore – belong to National Public Schools group.

$65 billion

What is it? German pharma and crop chemical giant Bayer’s bid for agro-biotech major Monsanto

Why is it important? If it goes through, it will be the biggest ever corporate takeover in cash. The deal would also reflect the consolidation taking place in farm supplies sector. Bloomberg points out  China National Chemical Corp agreed to buy Swiss seed company Syngenta, and  DuPont and Dow Chemical plan a crop-science unit post merger. Monsanto tried buying Syngenta earlier, and was in talks with BASF, world’s largest chemical producer to buy its agro chemicals unit.

Tell me more: Bayer offered to pay $122 a share in May, increased it to $125/share in July. Now it stands at $127.50/share (i.e $65 billion overall) and some analysts expect it to go even higher.

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News in Numbers, June 21, 2016: FDI norms relaxed in 9 sectors, Flipkart sellers on strike…

9

What is it? The number of sectors in which the Indian government has relaxed foreign direct investment (FDI) norms.

Why is it important? The timing – coming days after RBI governor Raghuram Rajan announced that he wouldn’t seek an extension after his term ends in September – is seen as government’s measures to assuage investor concerns. The government has denied this. In any case, the move is likely to help single-brand retailers such as Apple and Ikea, defence contractors and Walmart and Tesco (which could enter retailing through the food sector route).

Tell me more: The norms have been liberalised in food trading, aviation, pharmaceutical, defence, retail and television broadcasting, animal husbandry, broadcasting carriage services and private security agencies. India has reported a 29% increase to $40 billion in FDI in 2015-16.

 

57%

What is it? The share of global urban population that is unconnected, either with fixed or mobile broadband, according to a study.

Why is it important? This goes against the popular perception that a majority of the global urban population is digitally connected. What’s more, about 37% of the unconnected urban population lives in some of the wealthiest cities such as Los Angeles and Shanghai. The Middle East and African regions are the most unconnected while Europe and North America are the least unconnected.

Tell me more: In New Delhi, the proportion of the urban population unconnected is 41.6%. The study is by the Wireless Broadband Alliance conducted by Maravedis Rethink Research, a wireless infrastructure analyst firm.

 

1,000

What is it? The approximate number of sellers on Flipkart’s platform who went on a strike on Monday to protest the e-commerce firm’s decision to increase seller commissions to be paid to Flipkart, according to the All India Online Vendors Association (AIOVA).

Why is it important? Flipkart maintains that the number of sellers on strike are only a handful of the total 90,000 on its platform. Those on strike did not process any orders on Monday and put up out-of-stock notifications against their products. They claim higher commissions would increase product prices by 20-25%. Analysts say it is highly unlikely that sellers would leave Flipkart, though if the issue is not resolved quickly, it may affect customer experience.

Tell me more: Amazon, which has around 85,000 sellers, recently decreased its commission rates for sellers in a few categories while Snapdeal, which has over 300,000 sellers, decreased the commission for sellers with specific ratings and then put a cap of 70% on discounts.

 

1,242

What is it? The total number of graduates (including 253 postgraduates and 5 MPhils) who have applied for five posts of porters in Maharashtra.

Why is it important? The minimum educational qualification for this post is Class IV pass. Yet, about half of those vying for these posts are graduates and above. It shows the level of unemployment in the country, the desperateness to get some job (especially government jobs) and probably the high unemployability factor in professional degree holders.

Tell me more: There have been other such instances in the recent past. Over 1.75 lakh (of a total of 23 lakh applicants) graduates, postgraduates and PhD degree holders applying for the jobs of peons and 17,000 MBAs, B.Tech and B.Sc degree holders applying for the posts of sweepers – both in Uttar Pradesh.

65.3 million

What is it? The number of people forcibly displaced in 2015, about 0.9% of the world’s population or 1 person in 113.

Why is it important? This is the highest ever since global forced displacement records began. They are driven by old conflicts such as those in Somalia and Afghanistan lasting longer, emergence of new conflicts in countries including South Sudan, Yemen and Burundi in the last five years and the slowing pace at which solutions are being found to tackle the problem.

Tell me more: On an average, 24 people were forced to flee from their homes every minute in 2015, four times more than 10 years ago (six people every minute).

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