Some Facts About India ,

Someone  asked me a very thought provoking question on Facebook.

 

"Today everybody is posting Happy Independence day status on FB. FB is full of Quotes like "Proud to be Indian " etc. and tomorrow onwards many of such people start abusing own country . जैसे इस देश का कुछ नही हो सकता पिछले साठ साल में कुछ नही हुआ देश गटर में जा रहा है etc. Just one day patriotism ?. 

 Best  opinion in such position is

 We have mainly two types of people- One who think we had a great culture and WEST is destroying it. Everything you name and ask They will say They it is all in Vedas such as Darwin's theory, Einstein’s theory of relativity. .Newtons Laws, Wright brother aircraft.

 

Ask them if they have read the Vedas
And other et of people who thinks our country is sick WEST is awesome. They won't like a product if it's Made in India... that's why companies usually name their product to look like "English". 

Well, there are third type also which is a mixture of these two but in Good ways, they respect both cultures. But we need more people like them.

 For the people who has nothing has happened in India in last 60 years , some facts about India.

 1 India is the Largest democracy in the world, the 7th largest country in the world and one of the most ancient and living civilizations (at least 10, 000 years old).
2 India has the ninth-largest economy in the world by nominal GDP and the third-largest by purchasing power parity (PPP).
3 The economy of India is more than 2 trillion $.
4 India is today one of the world’s fastest growing economies. By 2030, India will become the world’s third largest economy with projected GDP (PPP) at $13,716 bn.
5 India is the only country other than the USA and Japan, to have built a super computer indigenously.
6 World’s largest electronic ID program, Aadhar, is underway in India.
7 The National Rural Employment Guarantee Act or NREGA, an Indian job guarantee scheme, enacted by legislation on August 25, 2005 is the largest ever – public employment programme visualized in human history.
8 The Mid-day Meal Scheme is the popular name for school meal programme in India, is the largest school lunch programme in the world, covering 12 million children.
9 India ranks second worldwide in farm output. India is the largest producer in the world of milk, jute and pulses.
10 India’s export rate is set to be 4% in 2016, which would be an increase from the estimated 3.3% growth rate of 2015, as predicted by the World Trade Organisation.
11 The Golden Temple provides food to over one lakh people everyday.
12 With 1,55,618 post offices and over 5,66,000 employees, India has the largest postal network in the world.
13 India has the second largest pool of Scientists and Engineers in the World.
14 India has more mosques than any other nation than the world.
15 Indian Railways is the fourth largest rail network in the world, with a track length of 114,500 kilometers.
16 India has a 70% share in the export of spices.
17 The Indian Software Industry has grown from a mere US $ 150 million in 1991-92 to a staggering US $ 5.7 billion in 1999-2000. No other Indian industry has performed so well against the global competition.
18 India is the world’s second largest producer of small cars. It is the largest newspaper market in the world.
19 India is the largest producer of milk, cashew nuts, coconuts, tea, ginger, turmeric and black pepper, in the world. It also has the world’s largest cattle population (281 million). It is the second largest producer of wheat, rice, sugar, groundnut and inland fish.
20 India has the world's third largest road network, covering more than 4.3 million kilometers and carrying 60 per cent freight and 87 per cent passenger traffic.
21 India is the 19th-largest exporter and the 10th-largest importer in the world. During 2011–12, India's foreign trade grew by an impressive 30.6% to reach $792.3 billion.
22 The gathering of Kumbh Mela of 2011 was so huge that it was visible from space.
23 Industry accounts for 28 per cent of the country’s GDP and employs 14 per cent of the total workforce.
24 India is 11th in the world in terms of nominal factory output according to the CIA World Factbook.
25 India is the second largest English speaking nation in the world.
26 India is one of the G-20 major economies and a member of BRICS.
27 With official gold holdings of 557.7 tonnes, India ranks 10th in gold reserves.
28 The United States is India's largest software services market. Software services exports are expected to grow by 10 per cent to around $75 billion during the current fiscal year.
29 Indian Oil Corporation topped the list of eight companies from India in the Fortune 500 ranking. Reliance Industries, Tata Motors and Tata Steel also figured in list.
30 World’s biggest family lives in India, a man with 39 wives and 94 children.
31 India’s per person consumption of meat is the lowest in the world.
32 Indian banks are among top 500 financial brands.
33 India has 122 billionaires with net assets of Rs 500 crore and above, as of December 2012.
34 United Nations Industrial Development Organisation found that India ranks among the top 12 producers of manufacturing value-added(MVA) .
35 State Bank of India has the maximum number of branches in the world.
36 With 1,300.000 active personnel and 1,800,000 reserve ones, the Indian Army is the world’s second largest army in terms of military personnel, and the 3rd largest in terms of active manpower.
37 India was the first country to be accorded the status of a Pioneer Investor in 1987 and was allocated an exclusive area in the central Indian Ocean by the UN for exploration and utilisation of resources.
38 Indian currency has braille markings for the blind.
39 Sundar Pichai, an Indian, is the present CEO of Google Inc.
40 The TATA group, State Bank of India and Infosys Technologies are among 17 Indian firms that figure among the top 50 in the list of the world’s 200 most-reputed companies.
41 India has the second-largest pool of scientists and engineers in the world.
42 ISRO 100 million dollars launching satellites in 2015. It launched 5 UK satellites and is set to launch 9 micro satellites for US. .
43 India’s contribution to scientific research and innovation has been constantly rising since 2000 according to a study. The number of articles published in global science journals by Indians has increased from around 17000 in 2001 to more than 27000 in 2007.
44 Indian American Prof. Praveen Jain of Queens University is heading the project to make CFL’s more efficient.
45 India born steel czar Lakshmi Mittal and Reliance Industries chairman Mukesh Ambani figure in the forbes list of “World’s most powerful billionares” who wield staggering authority and influence far beyond their riches.
46 Reliance Group of Companies in India has the maximum number of shareholders in the world.
47 The number of high net worth individuals (HNIs) in India is likely to more than double over the next 10 years, according to Knight Frank Wealth Report 2013.
48 The name Bharat is derived from the name of the legendary king Bharata in Hindu scriptures. Bharata conquered all of Greater India, uniting it into a single entity. Bharata’s empire covered all of the Indian subcontinent, Bactria, Uzbekistan, Afghanistan, Tajikistan, Kyrgistan, Turkmenistan, and Persia.
49 India has a national teledensity rate of 74.15 per cent with 926.53 million telephone subscribers.
50 India has the second largest network of paved highways, after the U.S.
51 India has the largest number of news channels in the world. It has 798 TV channels as of July 2014.
52 A mass singalong of 160,000 people in the Indian city of Hyderabad, in Andhra Pradesh, has broken a 72-year-old record for the world’s largest choir.
53 Mukesh Ambani, India’s richest man, has a house valued at 1 Billion $. It has 27 storeys, 3 helipads, and 600+ staff.
54 India contributes the largest number of troops for UN Peacekeeping Missions.
55 On 28 April 2008, a world record was set when India’s Polar rocket successfully placed ten satellites, including the country’s remote sensing satellite, into orbit in a single mission.
56 Textile manufacturing is the second largest source of employment after agriculture.
57 India is one of the fastest growing retail markets in the world. One of the top five retail markets in the world by economic value, the retail industry is estimated to be $450 billion.
58 Nearly 49% of the high-tech start-ups in silicon Valley and Washington, D.C. are owned by Indians or Indian-Americans.
59 Bollywood with about 1000 films every year is the largest centre of film production in the world.
60 India is to be the first international customer of the Boeing P-81 Poseidon variant of the P-8A Poseidon.
61 The production of passenger vehicles in India was recorded at 3.23 million in 2012-13 and is expected to grow at a compound annual growth rate (CAGR) of 13 per cent during 2012-2021, as per data published by Automotive Component Manufacturers Association of India (ACMA). Passenger car sales saw sales of 1.89 million units in 2012-13.
62 The World’s first university was established in Takshila in 700 BC. More than 10,500 students from all over the world studied more than 60 subjects.
63 Cancer drug Gleevec costs US$ 2500 in India, as opposed to US$ 70,000, because it cant be patented here.
64 Until 1896, India was the only source for diamonds to the world. (Source: Gemological Institute of America )
65 India was an island 100 million years ago.
66 Nothing can be more celebratory of a democracy than the government setting up a polling station in the middle of Gir forest, for one voter.
67 By volume of pills produced, the Indian pharmaceutical industry is the world’s second largest after China.
68 India sends more students to U.S. colleges than any country in the world.
69 The aviation sector in India has attracted foreign direct investment (FDI) worth $449.26 million from April 2000 to March 2013.
70 The largest reflecting telescope of Asia is in Kavalur Observatory (India). It is an indigenously built 93 inch telescope.
71 Dr M.C. Modi holds the world record for performing maximum eye operations @ 40 operations per hour.
72 Board of Control for Cricket in India, or BCCI, is the apex governing body for cricket in India is the richest body in world cricket.
73 A Cricket ground at the height of 2,444 meters, in Chail, is the world’s highest cricket ground situated in India.
74 Varanasi, also known as Benares, was called “the ancient city” when Lord Buddha visited it in 500 B.C.E, and is the oldest, continuously inhabited city in the world today.
75 Jaipur (India) hosts the world’s widest concrete building. It has a reinforced concrete cement (RCC) flat roof with a single span of 119 feet.
76 India has the largest number of biomass gasifier systems in the world producing over 656 mega watts (MW) of power; and still has the potential of producing over 30000 mega watts of power.
77 Indian factories exported a record 3.5 million cars in the March 2014-March 2015, 15% more than last year.
78 India has separate civil and military nuclear facilities owing to the 123 Agreement with US in 2005.
79 India is the 3rd largest producer of solar photovoltaic cells in the world producing 2.12 MW of power. India is the world’s 4th largest wind power user.
80 India is the 9th largest solar thermal power generating country in terms of million units per sq. m. It will have 20 million solar lights installed by 2022 which will save 1 billion litres of kerosene every year.
81 India is the world’s largest, oldest, continuous civilization.
82 India never invaded any country in her last 10,000 years of history.
83 IEEE has proved what has been a century old suspicion in the world scientific community that the pioneer of wireless communication was Prof. Jagdish Bose and not Marconi.
84 To ensure timely payment of wages to workers under the National Rural Employment Guarantee Act (NREGA), more than two crores worth of saving bank accounts have been opened in banks and post offices across the country. This is the largest number of bank accounts linked to a development programme across the globe.
85 Volunteers in Dungarpur, India planted 600,000 trees in 24 hours under the guidance of Indian Forestry Service which is a world record.

Indian Bank's gross NPA could peak at 6%: India Ratings-Business Standard 15th July 2015

Bank had reported GNPAs of 4.4% in March 2015, up from 3.67% in March 2014

 

Government-owned Indian Bank’s gross non-performing assets (GNPAs) might rise to around six per cent of the total in the medium term, says India Ratings.

The Chennai-based lender had reported GNPAs of 4.4 per cent in March, up from 3.7 per cent in March 2014 and 3.3 per cent in March 2013.

T M Bhasin was heading the bank as managing director and chief executive officer (MD & CEO) till June 10, before moving to the Central Vigilance Commission as a vigilance commissioner. Mahesh Kumar Jain, executive director, is holding additional charge as MD & CEO.

India Ratings said though NPA accretion tapered in 2014-15 (which ended on March 31), stress in some large corporate accounts could push the gross NPA ratio higher. Over the medium term, these are expected to peak around six per cent.

For public sector banks (PSBs) as a group, gross NPAs had gone up to 5.2 per cent in March from 4.7 per cent a year before. They were at 3.8 per cent in March 2013. The stressed assets of PSBs have been rising with the sluggishness in domestic growth and a general slowing in the global economy's recovery. Indian Bank’s long-term issuer rating is 'AA+, with a stable outlook'. The ratings show it is consistently above average on capital buffers and in a comfortable liquidity position compared with peers, India Ratings said. The capital adequacy ratio in March was 12.86 per cent, with tier-I capital at 10.6 per cent.

The ratings are constrained by weakening profitability and a modest franchise due to regional concentration.

The restructured loan book was 9.7 per cent of the total at end-March, higher than most peers. Around 41 per cent of the incremental restructuring in FY14 came from state power distribution companies; the power sector comprises 52 per cent of the restructured book. The bank has reduced its exposure to infrastructure and other stressed sectors. So, incremental restructuring could get slower.

India Ratings warned that negative rating action could result from a significant erosion of the capital buffers, due to consistent decline in asset quality. The crucial aspect for rating would be the performance of restructured assets.

Performance

The bottom line has been under pressure for two years. Net profit declined 13.3 per cent to Rs 1,005 crore in 2014-15 from Rs 1,159 crore in 2013-14. It was Rs 1,581 crore in 2012-13.

Another indicator of efficiency, the return on assets, has also been weak for two years. It was 1.02 per cent in FY13, a rare feat among PSBs. However, this came down to 0.67 per cent in FY14 and to 0.54 per cent in FY15, show finance ministry data.

The rise in NPAs has impacted the margins, as the bank had to reverse part of the interest income booked for loans which turned into these. The net interest margin fell to 2.6 per cent for FY15, from 2.7 per cent in FY14 and three per cent in FY13.

Profitability was also impacted by higher operating costs, led by revisions in pay and a relatively low proportion of fee income, India Ratings said.

The bank plans to focus more on high-yielding agriculture and small business loans. However, the high proportion of restructured assets and increasing slippage could keep yields under pressure over the medium term.