Skip to main content

News in numbers - July 1, 2013

3,000 is the number of people still missing in Uttarakhand
More than two weeks after the disaster hit the state, these many people are yet to be found. Total number of dead is yet to be accounted. The exact number may not be possible to estimate. Click here to read a personal account of a Mint reporter experience when the disaster struck the region. 

23 per cent of India's elderly report some form of abuse
As people live longer and educated kids work abroad, more and more elderly are finding comfort in retirement homes. "Phone calls, Skype conversations, and rushing to India when a parent falls sick are just not enough," says Mathew Cherian, CEO of Helpage India. The Hindu's story quoting UN numbers says India's elderly population (over 60 population) would be 323 million by 2050.

231 is the number of management colleges wanting to shut down in the last two years
After many years of prolific growth which saw many b-schools getting started, reality has dawned with students not willing to enroll for any management programs but are looking at quality education and job placement. 231 represents 6.5% of all management institutes in India, as per data maintained by AICTE, which regulates management education in India. 

India will spend Rs 1,420 crore to set up its own GPS
To be called Indian Regional Navigation Satellite System (IRNSS), the plan is to put seven satellites in orbit by 2015. The first of the seven will be launched today. 

Rs 1,56,000 crore will be amount of money India's central government will borrow over the next three months
Central government will borrow a total of Rs 5.79 lakh crore this financial year to bridge the budget deficit of 4.8% of GDP. And 58% of it would be borrowed in the first six months itself. 

Comments

Popular posts from this blog

How can you support a publication you like

When I shifted to my half completed (more on this some other time) flat in Gurgaon in 2016, I couldn't locate newspaper distributors for four or five months. Suddenly, from consuming four or five newspapers, I was completely dependent on digital media. I was going less directly to the news source (say, thehindu.com or livemint.com) but was getting my news from Facebook and Twitter, and from apps like Flipboard.

It became an experiment, as I was consuming interesting stuff but I was not necessarily getting informed. People whom I have met once or twice, or have never met are influencing what I was consuming via Facebook. If you're wondering why you often see posts by your most popular friends, that's the way Facebook algorithms work, unless you specify who's feed should come first. If Facebook promotes post of your not-so-popular friends, why would you read!

I searched hard to find a newspaper distributor and found one finally, after four or five months. So now I subsc…

What if government schools and hospitals attract people with money

I had this random thought (and I get this often only when I have 1000 important things to finish!)- what if people who can afford private schools and hospitals find state-run schools and hospitals good enough for them. All of my friends in UK and US don't send their children to private schools (its another matter that location matters on quality of state-run schools there) and those in UK, don't spend money on healthcare.

Just imagine if this can happen in India. People will be left with more surplus that they can save more or spend on something else. School fees in major Indian cities can be as high as Rs 2 lakh per child per year. The sheer confidence that we don't have to spend on medical expenses and the state will take care will give confidence to spend more money.

The multiplier effect of this extra money in the hands of the people will hugely benefit the economy, and can spring creative enterprises.

This level of expenditure (even Rs50,000 per child per year) is si…

'koil madu' and myself........

'Koil madu' is a Tamil term used to describe the cows that are tied to the temple. It is there forever. In literal usage, the term can be used on people who spend loads of time at religious place. I might fit that description well. Haven't missed many Sunday church services. If I have to put a number, I would have attended 39 out of 40 years of Sunday services.

Last Sunday, the preacher at my Delhi church was referring to Ecclesiastes 11: 1 and 2. In the last few years, I have started to like the Message translation of The Bible. This version uses modern day language, yet it captures the true meaning of the root language. So I referred to the Message version when the preacher was mentioning these verses.

These verses I haven't heard before and it was sort of like an eye opener on what the Bible says on charity. I have been a 'koil madu' but haven't found this verse for this long. It was profound. Check out the verses:

"Be generous: Invest in acts of ch…