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6.5-7%

What is it? The voter turnout for the by-poll for the Srinagar Lok Sabha seat in Jammu & Kashmir.

Why is it important? It is even less than the 26% polling during 2014’s general election. The meagre turnout was marked by violence, as eight people were killed and 100 security personnel injured. It followed separatists’ call for boycotting the polls, and the resultant mob which resorted to arson.

Tell me more: By polls were also conducted in 10 assembly constituencies across states. RK Nagar by-poll in Tamil Nadu was cancelled after cash-for-vote charges.

 

$5 billion

What is it? The total line of credit extended to Bangladesh by India, on its prime minister, Sheikh Hasina’s state visit to the country.

Why is it important? The new line of credit is in addition to the existing $2.86 bn committed earlier, of which 7.7% has been disbursed. It would not only help Bangladesh, but boost India’s exports to the neighbour as well, which were over $6 billion in FY16. Usually line of credit mandates a value of the contract to be sourced from India.

Tell me more: The projects include defence, energy, electronics and cyber security.

 

Rs 5,400 crore

What is it? The undisclosed income detected by law enforcement since demonetisation and till January 10.

Why is it important? More than 1,100 raids and 5,100 notices have ended in seizure of 11% of such income or around Rs 610 crore worth of liquid assets.

Tell me more: Out of a total of 1.8 million high-risk cases under the suspicion of undeclared income, 838,000 have sent in responses, while 378,000 are being investigated..

 

2

What is it? The maximum number of children an applicant to a government job in Assam can have, according to its new draft population policy.

Why is it important? Assam’s population grew by 17% between 2011 and 2001, lower than the national growth rate of 17.64% in the same period. Some see it as the government’s attempt to control family sizes of immigrants, mostly muslims who are believed to have moved from Bangladesh illegally.

Tell me more: The policy also seeks to deny jobs to those who married before legal age, and to provide free education to girl children.

9.24 lakh

What is it? The number of cases pending at Allahabad High Court.

Why is it important? The supreme court has now set up a two member panel that will look at reducing the pending court cases. The panel will take up one high court at a time – looking at data, analysing the causes and suggesting solutions. It will start with Allahabad High Court, which has the largest number of pending cases in the country.

Tell me more: Across 24 High Courts, over 4.5 lakh cases are pending, thanks in part to shortage of judges. Only 43.65% of the total sanctioned strength of high court judges have been filled, according to Indian Judiciary Annual Report 2015-2016. Rajasthan High Court has the oldest pending case in the country. It is pending for 61 years now.

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News in numbers, Oct 12, 2015: Fiscal deficit turns surplus after 8 years, India’s brand value…

Rs 15,808 crore

What is it? India’s fiscal deficit in August 2015 indicating surplus of revenues over expenditure. This is happening for the first time in eight years.

Why is it important? This indicates one of the two things, or a combination of the two: the Indian economy is doing well and there has been a substantial increase in tax collections or the government is not able to spend the money it receives at a pace that is fast enough.

Tell me more: India’s fiscal deficit target for 2015-16 is 3.9% of GDP. As of August 2015, the fiscal deficit was 74.9% of the budget estimates.

 

1.94 basis points

What is it? Average fee charged by the Big Four global accounting firms (Ernst & Young, KPMG, PwC and Deloitte) as a proportion of sales, according to a study. This is much higher than the corresponding number for the other auditors, which is 0.93 basis points of sales. (A basis point is one-hundredth of a percentage point.)

Why is it important? Research shows Indian companies favour the Big Four and perceive them to be better though the quality of audit provided by them is no different from that of the others.

Tell me more: In the Satyam case, the fees paid to the India-based affiliates of the PwC (PricewaterhouseCoopers) tripled during the time the fraud was perpetrated while the auditors of the company were paid twice as much as that paid to the auditors of its peer companies.

 

$2.14 trillion

What is it? India’s nation brand value in 2015, says a report by London-based Brand Finance.

Why is it important? An increase of 32% over last year, this reflects the country’s image globally and could potentially benefit in terms of tourist arrivals or foreign investment. Brand Finance has used data points across three key ‘pillars’: goods and services (further divided into governance, market tourism), investment (governance, market, people & skills) and society

Tell me more: This year, India has moved up a rank to the seventh position. Though the top three slots occupied by the US, China and Germany remain unchanged, the brand value of the last two have fallen. Germany’s brand value took a hit due to the recent Volkswagen emission scandal.

 

28%

What is it? Share of over five-year-old pending cases in subordinate cases in India of a total of 2 crore cases.

Why is it important? High pendency shows that justice delivered in India is as slow or slower than imagined. Also could be indicative of the high number of poor people who may not be able to afford lawyers to obtain a bail and continue to remain behind the bars. Undertrials accounted for 68% of the prison population of 4.18 lakh at the end of 2014.

Tell me more: The number of cases disposed of by the 24 High Courts in 2014 is 3% lesser than those recorded in 2012. The then Chief Justice of India Altamas Kabir said in 2013 that the country has only 15 judges per million population, far less than the recommendation of 50 judges per million people by the Law Commission in 2008 in its 120th report.

 

60%

What is it? Share of houses in mid-size cities (with less than 1 million population) that discharge wastewater in open drains

Why is it important? Goes on to show the uphill task the Indian government has in executing its mission of cleaning up 1,000 towns where the first phase covering 500 towns is to be completed by 2019.

Tell me more: About a quarter of 416 mid-size towns have less than 20% of households that have waste water outlets connected to the drainage system. Mysuru has the maximum percentage of houses connected to the closed drainage system at 94% and is one of the eight cities where the share is above 80%.  

 

 

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