Rs 200 crore
What is it? The amount Micromax Informatics is planning to invest in its Uttarakhand facility over the next year to make split and window air conditioners.
Why is it important? The handset-maker is looking to grow into a consumer durables company with an aim to generate about a fifth of its revenue from this segment in the next 12 months. Diversification into new businesses is likely to help Micromax boost its overall revenues as it lost its market leader position to Samsung in the smartphones segment last year.
Tell me more: The firm, which entered into the television business in 2014, earns 12% of its revenue from this segment.
945 – 2039
What is it? The estimated range of premature deaths due to outdoor air pollution per year per million people in India by 2060, according to a report.
Why is it important? The number was 508 in 2010. India is likely to continue to be among the worst affected countries even by 2060. Its impact on GDP is estimated to be 0.9% by that year.
Tell me more: The economic impact is calculated based on increased worker sick days and healthcare costs and, damage to crops. Globally, outdoor air pollution could cause 6-9 million premature deaths by 2060 with an economic cost of $2.6 trillion a year by 2060 or 1% of GDP, according to the Organisation for Economic Co-operation and Development.
What is it? Percentage of passenger vehicles that were sold to government employees in 2015-16, up from approximately 10% in 2014-15.
Why is it important? Car makers are expecting this to go further up with the implementation of the Seventh Pay Commission in the current fiscal even as they faced slower growth in May with car sales declining by 0.86%. Along with government pay hikes the monsoon cheer is likely to result in a consumption-led demand and more profits.
Tell me more: Government employees accounted for 16% of Maruti Suzuki’s domestic sales in 2015 and for Hyundai and Honda, the corresponding figures are 7.2% and 15% respectively,
What is it? The total number of road accidents in India in 2015, according to a report released by the government.
Why is it important? Youngsters in the age group of 15-34 years accounted for over half of the people killed in road accidents. The cause of the accidents is mostly cited as driver’s fault – over three-fourths of the road accidents were due to the driver’s fault and within this category, over 60% (each) of road accidents caused and people killed were due to over-speeding of drivers. Some activists have argued that citing drivers’ fault as the reason is the easiest way to close a case – because other possible causes such as faulty vehicle parts, bad roads or inadequate lighting/signs are difficult to establish. The latest death toll is yet another reminder that too little efforts are taken to solve the problem.
Tell me more: On an average, 17 people died every hour in road accidents in 2015. Road accidents killed 146,133 people last year (139,671 in 2014) and injured 500,279 (493,474 in 2014).
What is it? The minimum number of people charged under the Narcotic Drugs and Psychotropic Substance (NDPS) Act, who have died in Punjab prisons in 2014 and 2015, according to an analysis.
Why is it important? Highlights the seriousness of the drug abuse problem in the state, which has been at the top consistently or ranked among the top five in many of the metrics used to measure this abuse. There are 836 drug users per 100,000 population in Punjab (as per a 2015 survey) compared to the All-India figure of 250 per 100,000 (2012). The average rate of crime under the NDPS Act has been the highest in the state between 2005 and 2014.
Tell me more: The drug abuse problem in Punjab became a point of debate after the Censor Board decided to cut off all drugs-related references to Punjab in a Hindi film titled ‘Udta Punjab’. It quickly turned into a political issue after Congress and Aam Aadmi Party accused the BJP of influencing the Censor Board to prevent showing Punjab’s drug abuse problem (the party has denied it). The state, which is ruled by the Akali Dal-BJP combine, goes for state elections next year.