Jiogantic investments

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News In Numbers: September 14

Rs 1,35,726 crore

What is it? Total assets of Reliance Jio Infocomm, the telecom subsidiary of Reliance Industries, as of March 31, 2016.

Why is it important? It shows the massive scale of the Reliance Jio telecom launch. And this figure is likely to increase further, with the company yesterday announcing it would raise another Rs 15,000 crorethrough an optionally convertible debt instrument.

Tell me more: This fund-raising announcement comes in the wake of Jio’s commercial launch of 4G services on September 5 and as a prelude to the spectrum auctions in October.

 40

What is it? The number of economic corridors that India planning to develop

Why is it important? It will involve developing 35,000km of roads (21,000km of   economic corridor and 14,000km of feeder routes). It could cost Rs 6 lakh crore of investments. It’s billed as the most ambitious roads project since the golden quadrilateral project under National Democratic Alliance under Atal Bihari Vajpayee, and can boost the economy, bring down costs and create jobs.

Tell me more: Consulting firm A.T. Kearney is expected to submit its final report on the project in a month

 4000

What is it? The number of additional army personnel deployed in Kashmir to restore normalcy.

Why is it important? They have been told to use minimum force. Army recently came under heavy criticism for using pellet guns. By using more people and minimum force, the government hopes to “calm down” the valley with broader public support.

Tell me more: The troops are spread out mostly in four districts of Pulwama, Shopian, Anantnag and Kulgam which were at the centre of violent protests following the killing of militant Burhan Wani.

 £ 85,000

What is it? The cost of resettling a Syrian refugee in the United Kingdom, as compared to £ 17,000 in US and £ 21,000 in Germany.

Why is it important? Four western countries – UK, US, Germany and Canada – are planning to resettle more than 900,000 Syrian refugees. The wide range in costs show the different ways in which countries are dealing with the influx. In the UK, the government takes care of entire cost including housing. But in US, the government involves churches and charities, who adopt families and take care of accommodation.

Tell me more: India has more than 201,000 refugees, with more than 100,000 from Tibet. But India hasn’t signed the 1951 United Nations Refugee Convention.

 323

What is it? The combined difference in world ranking between the singles tennis players of Spain and India who face off in the Davis Cup world group playoff tie in New Delhi later this week.

Why is it important? Despite consistently not having high-ranking singles players, India has punched above its weight in this team tennis competition. Its current ranking is 20, out of 155 nations, is 20.

Tell me more: In the upcoming tie, India will be represented in singles by Saketh Myneni (world ranking of 137) and Ramkumar Ramanathan (203), and Spain by Rafael Nadal (4) and David Ferrer (13).

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News in Numbers, Aug 25, 2016: New rail projects cleared, efficiency norms for ACs…

1,937.38 km

What is it? The total length of track construction under nine railway projects that have been cleared by the Union Cabinet on Wednesday.

Why is it important? At an estimated cost of Rs 24,374.86 crore, this would help decongest key routes by increasing capacity, improve passenger and freight transportation and movement of freight items such as coal, minerals and steel. This would benefit 11 states including West Bengal, Maharashtra, Uttar Pradesh, Assam and Andhra Pradesh. If procurement for the projects is done within India, it would contribute 0.4% to the GDP (gross domestic product), besides having a multiplier effect, according to an analyst.

Tell me more: The projects are important for the Indian Railways to meet its target of creating capacity to transport 1.5 billion tonnes of goods by 2020.

 

24-43 degree Celsius

What is it? The temperature range which would be used to test air-conditioners’ (ACs) efficiency from January 2018, as against the current practice of using 35 degree Celsius as the benchmark.

Why is it important? The new star rating system would be mandatory for all brands and is aimed at reducing electricity consumption and bringing down electricity costs. All ACs would need to be fitted with smart compressor regulators instead of the conventional thermostat-triggered cut-offs. This would help reduce electricity consumption of a 1.5 tonne AC (currently, 5-star rated) by 250 kilowatt/hour, leading to savings of Rs 1,500 a year (if the power tariff is set at Rs 6 per kilowatt/hour), according to an economist at the Bureau of Energy Efficiency.

Tell me more: In India, about 45 lakh ACs are sold every year.

 

5

What is it? The number of years a couple has to be married to have a child through surrogacy, as per the Surrogacy (Regulation) Bill, 2016, which the Union Cabinet cleared on Wednesday.

Why is it important? This would bring in rules in the so-far unregulated sector. Besides this, it prohibits married couple who have biological or adopted children, single people, live-in partners and homosexuals from going for surrogacy. It also bans commercial surrogacy, which is estimated to be around Rs 3,000 crore in India and is known to exploit poor women who agree to become surrogate mothers for money. It doesn’t allow foreign nationals to seek an Indian surrogate mother.

Tell me more: The couple should seek a surrogate who is a close relative and she can be a surrogate mother only once. The commissioning parents should belong to a particular age group: 23-50 years for women and 26-55 years for men. The bill will be presented in the Parliament for approval this winter.

 

17

What is it? The number of bank accounts reportedly under the National Investigation Agency’s (NIA) scanner for suspected links with terrorists or separatist groups. The transactions total Rs 38 crore. They relate to four banks in south Kashmir.

Why is it important? The NIA investigators are looking for links between the date of withdrawal of money from these accounts and the incidents of stone-pelting and road blockades held by those protesting the killing of Burhan Wani, a militant. The Indian government hasblamed Pakistan for supporting cross-border terrorism and has termed it to be root cause of the unrest in the Valley.

Tell me more: Pakistani Lashkar-e-Taiba operative Bahadur Ali, in a confessional video, said Pakistan had a role to play in the Kashmir unrest, which has left 65 people dead since July 9.

 

11.2

What is it? The number of days an earth-like planet (named Proxima b) takes to orbit around its sun, Proxima Centauri.

Why is it important? It’s closer to its sun, than the earth is to its. However, scientists say it is within the habitable zone. This means that liquid water could be present on the planet. Of the over 3,000 exoplanets (planets which orbit a star outside the solar system), this may be one of the closest – raising hopes of life outside earth or that it could have the appropriate conditions to support life.

Tell me more: Proxima Centauri is 4.2 light years away from the solar system’s sun. With the kind of spacecraft we have today, it would take 70,000 years to reach Proxima b.

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