Skip to main content

News in numbers - July 6

Rs 57,000 crore
will be the additional annual expenditure because of implementing two recent decisions- subsidized food for 67% of India's population and doubling of gas prices to $8.4 mmBtu. Compare this: Rs 23,100 crore or ($3.85 billion) each year till 2017 will be the expenditure needed to provide sanitation for all. Census 2001 showed 53.1% of Indian households don't have latrine facilities. 

$ 400 million
is the amount Anglo-Dutch firm Unilever saved through its recent buyback of shares in its Indian arm, Hindustan Unilever thanks to falling Rupee value. When the buyback was announced, Rupee was Rs 53.8 to a dollar as compared to current value of Rs 60.33. Unilever bought nearly 320 million shares, bringing in Rs 19,180 crore of foreign exchange

Rs 9,900 crore
Indian Railways spends this much each year on electricity to run trains and operate stations. 40% of its consumption is between 10 PM and 6 AM, when demand for electricity is low in other categories- commercial and residential. So the plan is to buy power directly at lower rates to save 10% on power bill. 


will the number of jobs state-run banks will create over the next one year. The plan is to open 10,000 banks. Recently, India's central bank received 26 applications to run banks. If half of them are successful and each hire 500 employees in the first two years, it would create another 6,500 banking jobs. 


Indian embassy has issued 92,000 emergency exit certificates for its nationals who have overstayed their visas in Saudi Arabia. A final tally on how many Indians are is not known, with different estimates floating around. 

Note: Clicking on highlighted numbers will take you to the original source from where the number was taken. 


Popular posts from this blog

Being hopeless....

Three months back when my mom was visiting me, she experience heart palpitations for two consecutive nights. Worried I called my cardiologist friend who asked us to visit him in the government hospital on that day as it was a non-OPD (out patients day) duty for him. Apparently non-OPD days are less crowded. As we sat waiting, we saw many worried parents bringing their just born babies to treat serious heart problems. What struck me were the faces of these parents - a feeling of hopelessness. This was their last hope to treat their infants in a state-run hospital as they don't  have money to take them elsewhere.

Fortunately, the staff at this government hospital were treating patients sympathetically. I hoped the patients would have got the best of treatment available. In comparison, patients were treated as cattle herds at the All India Institute of Medical Sciences (AIIMS), India's premier hospital. To get an cardio OPD appointment, you will have stand in the line from 5 PM …

Happiness, street vendors, and negotiations......

Few days back I was watching a documentary series, "India's Frontier Trains". The three-part series was on trains connecting India with its neighbours - Bangladesh, Pakistan and Nepal. Yes, there is a train connection between India and Nepal, and that train is the only functioning train for the whole of Nepal.

In the episode on the train between India and Bangladesh, the program documented a life of a chocolate seller inside the train. He boards the train in the Bangladesh side of the route. A sole bread winner for a family of four, he earns by selling chocolates in the train.

He faces a perennial problem: because of hot weather conditions, his chocolates melt. In those hot days, his earnings are meager. A basic cooling device like this costs seventeen pounds and he couldn't afford that.

What moved me was the insensitive nature of some passengers in haggling with this struggling chocolate seller. They would force down the price by 10 pence or more (which is more tha…

Be a democrat in US, but root for BJP in India

Before I say anything I would like to disclose my knowledge of political affairs in India. I had lot of assumptions and predictions for this just concluded elections, and none of them came true. So I am not going to talk politics and waste time. But this election season reminded me of a funny incident when I was a student in Arizona State University (ASU) in 2004.
As a thumb rule, I discuss politics only with close friends. So my flat mates in Phoenix had no idea about my political likes and dislikes. So on the day when BJP lost the elections, one of my flat mates – who used to hate George Bush and an active supporter of Democrats – saw me in that morning, and said, "What John, people have done this" in a disappointed tone.
He saw no contradiction whatsoever in supporting democrats in US and at the same time supporting BJP in India. It was after that I started noticing Indian students in US, and people who got their jobs in US recently, most of them exhibited this kind of du…