Rs 2465.21 crore
What is it? The amount of equity infusion in Air India during financial year ending today.
Why is it important? This is 8% of the total equity of Rs 30,231 crore planned till 2021 by the government as part of Air India’s turnaround plan. Public money keeping the airlines afloat has been a bone of contention as Air India recently came under the Comptroller and Auditor General scanner, which accused it of understating losses as recently as 2014-15 (Rs 1,992.77 crore).
Tell me more: The government carrier has been getting government funds regularly and so far received nearly 82% of the proposed bailout.
What is it? The number of people living with depression worldwide.
Why is it important? The number has grown by over 18% between 2005 and 2015, but healthcare spends to combat depression is low. The World Health Organisation says global average is 3% of healthcare spends but low-income countries see only 1% of total spends. But high-income countries with 5% health expenditure do not necessarily fare better in treating depression, as nearly 50% go untreated in such countries.
Tell me more: Stigma and lack of support for people with mental disorders aggravate the loss of productivity and quality of life due to depression, one of the more prevalent mental afflictions.
1 GB a second
What is it? The speed of Internet through wired broadband services provided by ACT Fibernet in Hyderabad.
Why is it important? This puts Hyderabad in a club of a handful cities with such internet speed, which includes Seoul (South Korea), Hong Kong, Singapore, Kansas (US). Even though it is being seen as a large stride towards the Telangana government’s aim to connect its 23 million citizens to the Internet by 2018, the delivery mode might prove a hurdle. The enviable speed might be thwarted by the low adoption of wired delivery of broadband services. Of the 236 million broadband subscribers in December, 2016, wired connections accounted for around 7% (8% if fixed wireless was considered).
Tell me more: The Giga speed is expected to enable Internet downloads faster than transferring data from a USB drive.
What is it? The percentage of primary and upper primary schools in Odisha that doesn’t have power connectivity.
Why is it important? With temperature already touching 43 degrees Celsius in some parts of the state, the lack of electricity in 40,087 of the 51,094 primary and upper primary schools indicate serious lack of basic infrastructure for students. In 20 of the 30 districts in the state, each school have at least 1,000 students.
Tell me more: In another instance, 60% of the 2,739 schools in Vizianagaram district in Andhra Pradesh have no overhead tanks with running water facility.
What is it? The number of new cities that will have air connectivity via the government’s UDAN (Ude Desh Ka Aam Naagrik or ‘Let the common man fly’) scheme. A total of 128 routes covering 71 cities were announced on Thursday.
Why is it important? This will bring more air passengers from smaller cities at affordable prices. Under UDAN, half the seats will be capped at Rs 2,500 for flight journeys that take up to an hour. Eighty per cent of the loss from this price ceiling will be funded by levying cess on non-regional routes, and rest by state governments.
Tell me more: Around 1.3 million new seats will be created from these 128 routes, with a subsidy bill of Rs 200 crore each year.