News in Numbers – September 9, 2015

News In Numbers: September 9, 2015

 

 

23,604

The number of village panchayats in which the government has laid optic fibre cable (OFC) till July 2015 to provide high-speed broadband connectivity under the BharatNet project. The government plans to connect all 250,000 village panchayats under this plan by end-2016. In a March 2015 report, a committee constituted to review the programme (earlier called the ‘National Optical Fibre Network’) estimated the project cost at Rs 72,778 crore. An addition of 100 users per village panchayat would increase the share of Internet subscribers as a percentage of the total population by 1.9%. The committee also estimated that the increased Internet penetration would translate to potential economic benefit of Rs 66,465 crore in 2018-19.

 

45%

Share of Mumbai, Delhi and Bengaluru in the total bids received for FM radio stations in the ongoing e-auctions. The bid price for a radio station was Rs 169.2 crore in Delhi, Rs 122.8 crore in Mumbai and Rs 109.3 crore in Bengaluru. Leading stations in Delhi and Mumbai currently generate yearly advertising revenue of Rs 35-40 crore each. There were no takers for 38 stations in 13 cities. The government received bids worth Rs 1,156.9 crore for 97 channels in 56 cities. A Ficci-KPMG study has projected the size of the radio industry to be $19.6 billion in 2015 (calendar year) and $22.3 billion in 2016.

 

6

The number of hotel deals done so far in 2015 as against two in 2014 and three in 2015, according to real estate consultant JLL India. With hotel valuations falling by over 25%, the consultancy expects five more hotel deals to be sealed by end-2015. The major deals concluded this year include ITC acquiring Park Hyatt Hotel in Goa for Rs 515.4 crore, Radhakishan Damani (promoter of hypermarket chain, D-Mart) acquiring Radisson Blu Resort & Spa (Alibaug) for Rs 135 crore and SAMHI Hotels buying a Vizag-based hotel for Rs 90-95 crore. Ratings agency ICRA expects the Indian hotel industry to grow by 5-6% in 2015-16, with occupancy rates improving by 2-4% and revenue per room by 3-5%.

 

20%

One of every five deaths of children below the age of 5 years took place in India in 2015, according to data put out by the British medical journal The Lancet. India lost 1.2 million children below the age of 5 years. The under-5 years mortality rate for India has dropped 62% in 15 years and, currently, stands at 48 deaths per 1,000 live births, against the global average of 43. Pneumonia (15%) and diarrhoea (9%) were the main killers. According to Unicef, India is unlikely to achieve the Millennium Development Goal 4, which aims to reduce under-five mortality by two-thirds between 1990 and 2015, unless the related determinants are “urgently addressed”. Only six states — Kerala, Tamil Nadu, Maharashtra, Punjab, Himachal Pradesh and West Bengal — are likely to achieve this goal.

 

Rs 160-190
The black market cost of a litre of petrol in Manipur currently — about thrice the price in metros. The flow of essential commodities into the state has been hit due to a landslide, which blocked parts of the Imphal-Dimapur highway in August. Further, the weak condition of a bridge on the Imphal-Silchar highway has also hit the movement of supplies. Rationing of fuel is in force, and has led to long queues at petrol outlets. At least 20 people were reportedly killed when a landslide caused by heavy rains buried an entire village in Manipur’s Chandel district last month. Geological Survey of India has estimated that nearly 15% of India’s landmass or 0.49 million sq km area is prone to landslides. There are six states in which most districts fall under high to very high landslide hazard classes, and Manipur is one of them.

 

 

howindialives.com is a search engine for public data



Read More

News In Numbers – August 11

News In Numbers: August 11

 

 

17.5%

The growth of car sales in July, the ninth consecutive monthly increase. This indicates an improvement in consumer sentiment in the auto sector, which is often seen as a proxy for how well an economy is doing. However, motorcycle sales, an indicator of rural demand, fell 6.4%, due to last year’s delayed and deficient rainfall, and this year’s unseasonal rains. The Society of Indian Automobile Manufacturers (SIAM), the nodal industry grouping, expects demand to revive in the coming festive season, provided there are no unseasonal rains. The weather department has said that rainfall during August to September is likely to be below normal, with a probability of 86%. This will worry Indian carmakers, who operated at only 65% of their total capacity in 2014-15.

 

24

The number of weeks a woman may be eligible for maternity leave, if the government acts on a proposal under consideration. Under the Maternity Benefit Act, 1961, a working woman is eligible to take 12 weeks of maternity leave, of which half can be taken before the expected delivery date. Going beyond the statutory norms, e-commerce major Flipkart had announced an extended maternity leave of 24 weeks, besides four months of flexible working hours with full pay and, if required, one-year break from work without pay. In some central European countries, the standard duration for maternity leave is three years.

 

5

The number of state power distribution utilities (all four in Gujarat and one in Punjab) that have an ‘A+’ rating, the highest grade to assess them on various parameters like financial performance and reform measures. Of the 40 utilities, two are in ‘A’ category, 23 in ‘B+/B’ and 10 utilities in ‘C+/C’. These ratings help banks and financial institutions assess risk while lending to these utilities. Indian state electricity boards, which have undergone several rounds of financial restructuring, have a total debt of Rs 3,04,000 crore. The Reserve Bank of India, in a May report, had warned that state governments “should not make debt restructuring of power utilities a perpetual feature” as it affects the stability of state finances. Elsewhere, Indian banks are reeling under the stress of bad loans and the power sector is a main factor for this; in a June report, the central bank said seven state electricity boards owed Rs 53,000 crore to banks, which had a very high probability of turning bad in the quarter ending September.

 

66,761

The number of rural habitations where one or more drinking water sources are contaminated and are yet to be provided with safe drinking water, as on April 1, 2015. Of these, nearly one-fifth are affected by fluoride and 2.7% by arsenic. Although India missed its internal targets set under the 11th five-year plan (2007-12) and had achieved about 80% of its targets under the 12th five-year plan up to August 2014, the government says it is way ahead of the targets set for 2015 under the United Nations Millennium Development Goals: over 95% of rural habitations were either fully or partially provided with safe drinking water. However, a study done on a small sample size by Pratham Education Foundation, Montreal University and Harvard Center for Population and Development Studies between May and October 2013 found that 42% of urban and 60% of rural households were receiving contaminated water.

 

Rs 90,000 crore

The annual size of the organised pharmaceutical retail market in India as of July 31. Cumulative sales in July 2015 grew about 13% to Rs 8,328 crore over July last year, with the main drivers being the diabetes, dermatology and urology segments. Domestic companies grew at 12.6% in July, a slower pace when compared to multinational companies, which grew at 13.8%. A report by the India Brand Equity Foundation pegs the expected per capita sales of pharmaceuticals at $23 for 2015 and $27 for 2016.

 

 

howindialives.com is a search engine for public data



 

Read More