Goa election results: Where the BJP was hit in maps

At 3 pm, three states have been settled. But the fight is still open in two states, one of them being Goa. In the 40-member assembly, the BJP is down from 21 seats to 14 wins/leads, ceding ground to the Congress and other parties. Here are three pockets where the BJP has seen a fall over 2012.

Rural seats (3/12)

In the 12 assembly constituencies where the rural population was above 56%, the BJP has seen its count drop from 8 in 2012 to 3 this time. Those gaining included the Congress (from 3 to 5), Maharashtrawadi Gomantak Party (2 seats) and independents (2 seats).

 

1

 

Poor-amenities seats (3/12)

There are 12 assembly constituencies in Goa where 22% households or more don’t receive drinking water inside their houses. The BJP’s count in such seats fell from 9 to 3.

 

 

2

 

‘Richer’ households (3/12)

In the 13 Goa constituencies where the percentage of ‘richer households’—defined as households who, under Census 2011, were recorded as owning a motorised two-wheeler/four-wheeler, TV set, computer and phone—was above 25%, the BJP bettered its 2012 showing (from 5 seats to 6 seats). But in the 12 constituencies where such households made up less than 18%, the BJP’s count fell from 9 to 3.

 

Track Goa Election Results 2017 here

 

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News in Numbers, Nov 22, 2016: Indian family businesses and home truths…

15%

What is it? The share of Indian family businesses with a succession plan that is robust, documented and has been communicated, according to a PwC survey.

Why is it important? The low figure highlights the challenges in striking a judicious balance between maintaining a family business and bringing in professionals, with the most recent one being the ongoing spat between the Tata Group and its sacked chairman, Cyrus Mistry. However, 85% of Indian family businesses surveyed said they had a mechanism to deal with family conflict via shareholder agreements, family councils and performance appraisal. In terms of family dynamics, 76% of respondents said the family and business strategy are completely aligned.

Tell me more: Of the 102 family business leaders surveyed, 35% plan to pass on their business to the next generation (down from 40% in 2014), while close to half (up from 40% in 2014) plan to pass on ownership but also bring in professional expertise.

 

60

What is it? The number of additional days the Reserve Bank of India has given small borrowers to repay their loans.

Why is it important? The notification is in response to the cash crunch following the government’s recent demonetisation move, which saw currency notes in Rs 500 and Rs 1,000 denominations ceasing to be legal tender. This relaxation applies to housing, car, farm and other loans of up to Rs 1 crore to be repaid between November 1 and December 31. The deferment will not result in these loans being classified as sub-standard, requiring restructuring (generally, loans unpaid for 90 days are treated as bad loans, the first category of which is termed as sub-standard asset).

Tell me more: These rules are applicable for loans availed from banks and non-banking financial companies (NBFCs), including NBFC-MFIs (microfinance institutions); loans sanctioned by banks to NBFC-MFIs, NBFCs, housing finance companies and Primary Agricultural Credit Societies; and loans by state cooperative banks to district central cooperative banks.

 

4

What is it? The number of associate members that CERN, the European Organization for Nuclear Research, has. India is the latest to join the list.

Why is it important? India’s ‘observer’ status (until this September) has been upgraded at the world’s largest nuclear and particle physics laboratory. This will enable India to increase the participation of scientists and engineers in CERN projects, and apply the knowledge gained to domestic initiatives. Indian organisations will also be eligible to bid for CERN contracts.

Tell me more: The organization uses accelerators and detectors to study fundamental particles that are made to collide at nearly the speed of light, which offers them insights into how the particles interact, throwing light on the fundamental structure of the universe. CERN has 22 member states, while four states and three organizations enjoy observer status.

 

1.27 lakh

What is it? The shortage in the number of frontline employees working in the “safety category” of the Indian Railways. These include patrolmen, trackmen, technicians, pointmen and station masters.

Why is it important? This personnel shortage could be a factor for rail accidents, with the most recent being the derailment of a train in Uttar Pradesh that left 146 dead and 200 injured. Between 2009-10 and 2013-14, 803 rail accidents (nearly half of them due to derailments) killed 620 people and injured 1,855. Such vacancies are likely to put pressure on existing employees, leading to them overworking and increasing their chances of making mistakes.

Tell me more: The Indian Railways has a shortage of 2.17 lakh employees overall, of which 56% work in the safety category.

 

33.4%

What is it? The rate of growth of urban population in India in 2011, down from 38.1% in 2001.

Why is it important? This indicates that India’s urbanisation story may not be as attractive as believed to be, especially given the government’s focus on its ambitious Smart Cities Mission. The growth in share of urban population has also declined to 10.2% in 2011 from 11.9% in 2001. One of the possible explanations for this, as explained by Chinmay Tumbe (assistant professor of economics at IIM-Ahmedabad), is ‘circular migration’: seasonal employment opportunities in urban areas attract mainly men from villages, who work for a while and return to their villages, and send their younger family members to cities.

Tell me more: Another study puts agriculture’s contribution to poverty reduction to be nearly five times that of metropolitan cities, and makes a strong case for rural transformation by increasing villages’ access to new markets, credit and technology.

 

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News in numbers – August 28

35%

Three states – Maharashtra, Tamil Nadu and Uttar Pradesh – accounted for more than a third of cities selected under the Rs 48,000 crore Smart Cities project. These three states account for 35% of India’s urban population, and 31% of India’s Gross Domestic Product. 98 cities were selected under the project. Cities such as Mumbai, Patna and Bengaluru do not figure in the list and the names of two cities are yet to be finalised. Urban population is projected to touch 600 million by 2031, as against 377 million in 2011. To meet the growing population, an investment of Rs 39.2 lakh crore is needed to develop urban infrastructure.

 

2 tonnes

For the second consecutive time, Indian Space Research Organization successfully placed a two tonne satellite in the geosynchronous orbit using its indigenously developed cryogenic engine. This orbit is used for placing communication satellites, which are heavier. With this success, the space agency is planning to double the payload to four tonne in six years time. This will eventually help India achieve its mission of placing a man in space.

 

500 years

The number of years it would take for India to become a Muslim-majority nation, based on past data. India added about 125 million Muslims between 1961 and 2011 and the number of Hindus added was 4.8 times of that. According to the latest data released by the Indian government on population by religion, Islam was the fastest growing at 24.6% between 2001 and 2011 while the growth rate for Hindus was 16.8%. Certain right-wingers have warned that the Hindu majority in the country could be threatened with the rise of the minority religions. According to a Pew Research report, Muslim population will grow twice as fast as the total world population between 2010 and 2050 and are likely to overtake Christians as the world’s largest religion group.

 

Rs 2,500 crore

Yoga guru Baba Ramdev’s company has higher turnover than companies like Jyothy Laboratories and Emami. A research report by CLSA says Patanjali Ayurved reported a profit of Rs 300 crore on a turnover of Rs 2,500. if compared with listed fast moving consumer goods firms, Baba Ramdev’s firm would be valued at Rs 14,000 crore. The 10-year-old firm sells products across a range of categories including nutrition and supplements, grocery, medicinal items, home care, personal care and healthcare. The company, which hardly does any promoting or marketing, is planning to launch ready-to-eat products at prices 10-14% cheaper than the multinational brands in India.

 

7.6%

The Reserve Bank of India (RBI) says the real activity indicators are likely to back its projection of 7.6% gross domestic product (GDP) in the current financial year. The three “work in progress’ tasks of the central bank outlined in its annual report for 2014-15 include the economic growth below levels that India is capable of, inflation projections for January 2016 and the reluctance of banks to cut base rates. The country’s consumer price index (CPI) was down to 3.78% in July, way below RBI’s target of 6% by January 2016. For January 2017 and 2018, its target is to bring down the CPI to 5% and 4% respectively. Besides this, RBI said it would focus on stressed bank assets as total stressed advances at scheduled commercial banks in India rose to 11.1% of total advances in March 2015, up from 10.7% in September 2014.

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