News in numbers, Apr 26, 2016: The water wasters, India’s malaria elimination plans…

1.32

What is it? The number of times Punjab’s water footprint exceeds world average for growing wheat.

Why is it important? It’s an indicator of inefficient water usage across the country. For example, UP’s water footprint for wheat is 2.27% and Madhya Pradesh’s is 0.93%. With the drought affecting several parts of the country, this indicates the need for taking a fresh approach towards the crops India grows and how efficiently it grows them.  

Tell me more: The government procurement also seems to be tilted towards water inefficient states. For example, Rajasthan, the highest wheat producing state in 2014-15 and which has a low water footprint of 0.69 has a procurement share of just 4.6%.

Rs 22,085 crore

What is it? Government subsidy for petroleum products such as LPG (liquefied petroleum gas) and kerosene in the first nine months of 2015-16, 71% lower than the subsidies in 2014-15.

Why is it important? While reduction can be attributed to low crude oil prices, it also shows market reforms are working. The government had linked diesel and petrol prices to market and introduced direct benefit transfer scheme. India, which imports 80% of its oil needs, can use this saving along with the amount gained due to lower oil import bills, to spend on other purposes such as education and health.

Tell me more: India’s crude oil import bill is expected to almost reduce by half (45%) to $62 billion in 2015-16 from $113 billion the previous year.

3

What is it? The number of students who have been rusticated by Jawaharlal Nehru University (JNU) for allegedly raising anti-national slogans at an event organised in support of Afzal Guru, a convicted terrorist.

Why is it important? JNU can be expected to sizzle for some more time. Kumar said he rejects the punishment as it is biased and that the students “will fight back and will win”.

Tell me more: A university committee set up to probe the incident found the students guilty on various charges such as not following university procedures, providing misinformation, instigating communal violence, participating in sloganeering, indiscipline, misconduct, and creating discord among students. Reportedly, financial penalty has been imposed on 14 students including student leader Kanhaiya Kumar. Some of the students including Kumar were arrested on sedition charges and are currently, out on bail.

200,000

What is it? The number of households in Mandla district in Madhya Pradesh where a malaria elimination project will be implemented by the Indian Council for Medical Research and Sun Pharma over the next 3-5 years. Mandla is one of the most malaria-endemic districts in the state.

Why is it important? This is India’s first public-private-partnership for research and innovation in preventive health care. This is likely to help India in its goal of eliminating malaria by 2030. According to official estimates, there were 561 deaths due to malaria in 2014 though this is much lesser than WHO’s estimates of 15,000 deaths a year and an independent research, which claims malaria kills over 200,000 people a year in India.

Tell me more: The project would include measures such as strengthening existing health systems, development and testing of medical products and disease surveillance and the learnings would be used to draw strategies for malaria elimination in other parts of the country.

458

What is it? The number of examiners the Indian government has hired for clearing applications for patents, designs and trademarks.

Why is it important? This increases the examiner strength by over 3.5 times, which would help in bringing down the time taken to process applications to 18 months by March 2018 from the current 5-7 years. As many as 237,000 patents and 544,000 trademarks registrations are pending approval.

Tell me more: Another 263 examiners would be hired on a contract basis to help clear the backlog.

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News in Numbers – September 16, 2015

News In Numbers: September 16, 2015

 

37.4%

The combined wealth of India’s 198,000 high-net-worth-individual (HNWI) population as a percentage of India’s GDP (in 2014-15). The world’s second most populous nation is home to the 11th largest population of millionaires. India recorded the highest growth rates in the world for HNWI population (26.3%) and wealth (28.2%), due to falling oil prices and “constructive” election results. India and China led the growth of rich individuals and wealth in Asia Pacific, which surpassed North America’s HNWI population by a slim margin and is expected to overtake it in terms of wealth too, by the end of 2015. China’s HNWI population in 2014 stood at 890,000 whose wealth rose 19.3% to $4.5 trillion, which is more than twice of India’s GDP in 2014-15.

 

20.7%

The drop in India’s merchandise exports in August, the steepest decline in five months and contracting for the ninth consecutive month. The two main reasons for this are lower commodity prices and a weak global demand. Exports stood at $21.2 billion while imports declined 9.95% to $33.7 billion in August. India’s trade deficit marginally narrowed to $12.5 billion in August from $12.8 billion in July. The decline in exports was mainly due to a 48% year-on-year fall in shipments of petroleum products to $2.8 billion. Reviving exports is critical as it accounts for nearly a fourth of India’s GDP. S C Ralhan, president of the Federation of Indian Export Organisations has called for the intervention of the Prime Minister and the Commerce and Industry Minister to immediately consult with the export bodies and draw up a roadmap to tackle the situation where reaching last financial year’s export target was looking difficult.

 

Rs 1 lakh crore

The amount Indian Railways is planning to seek from the Finance Ministry for safety upgrade, after a spate of recent railway accidents across India including Karnataka, Uttar Pradesh, Bihar and Madhya Pradesh, which has brought the spotlight once again on the safety aspects of the railways. Chairman of the Railway Board, A K Mital, has said the Indian railways is preparing a “comprehensive safety plan” that includes elimination of all level crossings and strengthening of tracks and bridges. Japanese railways and companies have agreed to help the Indian government in achieving its ‘zero accident mission’. In 2014, 27,581 people died in railway related accidents, of which 9.3% were railway crossing accidents.

 

7

The number of days within which private airlines would have to present their plans to reduce “excessive” fares on certain routes to the Indian government. Junior aviation minister Mahesh Sharma said the government is open to imposing price caps if the responses of the private carriers are inadequate. He also said that the last minute fares are on the higher side and that these are giving the airlines “a bad name”. However, he added that the government prefers to settle this issue without introducing any caps or other rules. The Indian aviation is struggling with $11.3 billion in debt and just two airlines- Indigo and GoAir – made a profit in 2014-15. GoEuro, a European travel website, ranked India as the most inexpensive country in terms of air travel where it costs about $10.36 per 100 km. Recently, chairman of Competition Commission of India, Ashok Chawla, said that there is no need to put a cap on airfares and that market forces would be able to fix the right fares in an unregulated environment.

 

Rs 20,000 crore

The estimated revenue that the festival of ‘Ganeshotsav’ generates across India, according to a report by industry body Assocham. ‘Ganeshotsav’ or ‘Ganesh Chathurti’ is an important Hindu festival celebrated to honour the elephant-headed God, Ganesha. Terming the festival as ‘recession-proof’, Assocham said expenditure on the festival is growing at an annual rate of 30% and the number of ‘mandals’ (elaborate, artificial structures erected with idols of Ganesha) is increasing at 5-10% per year. The report says the setting up of these ‘mandals’ attract “generous contribution by people from all walks of life” and generate employment for thousands of people. A proxy of how the big the festival: organisers of ‘mandals’ across Mumbai had taken a combined insurance cover worth Rs 450 crore last year.

 

 

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