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Fortune for Indian Airlines A professional at the helm of IRDA... Editor's Says Reliance’s TV – 18 ready to launch Tamil News Channel Streamlining mandatory third party cover Tribute – M V Murugappan Tatas moving out of urea production... Kulandai was a giant Sri Lanka votes for change The brown list of Venkitaramanan A Grand Finale for SN’s MS centenary at the US… Engineering seats go abegging TN accounts for the largest recruits by the IT sector Funding the un-funded Robber barons everywhere When online building permits work…. West Bengal: mindless malignancy Protest masters... IAS invades NDDB... Make standards certification mandatory... Tihar, Puzhal not different from Parappana Agrahara PPP mode for upgrading Corporation Hospitals Shale gas and its shallow future Shanti and Sadhana through Music R Sridhar steps down as CEO of Shriram Capital Computation of GDP – conundrums continue Don’t seem to feel the pulse… Medical costs hit the roof... Why land prices zoom in TN? When small is no larger beautiful.. Delhi returns to BJP Welcome focus on core competence Solar thermal shines… Multi-faceted Venkat For whom the bell tolls? Tribute Air Asia India will set new benchmarks for budget travel The why of tax incentives Welcome GST Demise of a media baron... When the President was rendered homeless… No mega rail project for Tamil Nadu Mu Sigma – is no more TN-leverage strength of BHEL, NLC... Contrarian cousins to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines The few handicaps... He continues the focus on social amelioration S V Raju – a ‘good’ true liberal Gay abandon in pricing The ‘Jayanthi Tax.’ Editor's Notes Which side are you, Montek? Valli, they are more marginalised Should we change the official year? An informal presentation - analytical, forward locking... Airlines in India: cost and space Adapt Vajpayee dinner diplomacy Padma Bhushan for A Ramakrishna Fuel for thought A proud Madrasi This scant respect for Law Tribute – UCAL Selvan… Shipping woes of Chennai companies S Ramanathan – a versatile musician, musicologist Noble nonagenarians... A C Muthiah – his munificent bequeaths to science Delhi is distant Align crops to agro climate endowments… Permanent secretariat for TN GIM Scientists urged to take up farmer-oriented research The star of Spencers is no more Tax agriculture GM Technology at last! Shaming of Tamils by Tamil farmers at Delhi Gas is the way forward When TN politicians can emulate Kerala's An inexplicable neglect CII projects higher growth… Pharma – overdose of copying Auto components surge… Lesson from Chandrababu Naidu Things happen by accident and not by design... For whom the MIDS bell tolls? 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Tatas moving out of urea production... Naidu’s return augurs well for Seemandhra Alexa – Talking Wikipedia When nations steal growth from one another… Five star activism stalls development activity EVM is tamper-proof Delhi Chalo... Strengthen the base... How Air-India loses customs... A welcome initiative by the judiciary More Shakti to resource mobilisation... A more liberated TN… Insurance companies bleeding, yet no decision on increasing FDI limit! Revving up the manufacturing sector B H Kothari - a tribute Quality education through the PPP mode Build close rapport with business leaders Fall in crude prices help in oil sector reform Like Hinduism: many paths to reach God... China invests in India Delhi is distant… Recognition to role of NBFCs.... Focus on quality of power - its only around 170-180V ONGC at KG Basin The nuclear option Whistle-Stop Tour of Raghuram Rajan No engine for this car CSR and CMI: promise of another Srinivasan Ramanujan... Building loyalty through the stomach Come elections, come advertisements... Moily’s bold thrust Marketing expert Balagopal is no more Increasing non co-operation of state leaders Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Music happens Banning booze... Breaththrough in malaria control Quality silica from Neyveli Godspeed, Chief Minister JJ The balancing act Telangana in top gear… TIAM turns a full cycle More Shakthi to Das’ elbow TGS- The king storyteller Cement prices continue to rise… Road development slows down Remembering Indira Sivasailam... Of course, Gujarat is vibrant A think tank for Chennai Plummeting profits of PSBs There was flood of milk. Reason: no milk commissioner! L&T- the specialty of special purpose vehicles Silver Years of Madras Musings The power-full Hindujas Rs.1600 crore paper board plant of TNPL Fortune 500 review Limit foreign borrowings to hi-tech, export potential projects... London, London Narayan A yen for wastage… The Gulf aviation boom SoA @ 80 Land reclamation from sea appears cheaper! Naidu will soon build a new Hyderabad Kudos to NDTV... EEC at the National Media Centre Russi Mody – a tribute Polls and promises Waning interest in public discussions… CIPET hqrs to stay at Guindy – for the present? Where a state respects its litterateurs… A glass full of corruption Nuclear power at the nucleus More heat than light Preserving for the future Not just in-laws (and outlaws); they’ve renowned academics at the helm! Diamond jubilee of Egmore Samskrt School Revive development banks... F C Kohli - his concerns all embracing A rich pool of talent not utilised…. Bihar – Nitish Kumar adopts the Lalu model Adharma of opposition politics Tribute – Manikam Ramaswami Readers' Mail Intellectual of rare qualities Tough task taking states together More tributes to GR PC’s preference for professionals Another Indian music maestro at the UN Excel Generators provide the vital back-up The rise and fall of Annamalai University Modi and the lady Cutting the nose to spite the face No Maha Koottani in TN... Dr C Rangarajan returns to Chennai Towards speedy justice TELANGANA at last…BUT Modi storms Silicon Valley IPL type auction for VCs? A Grand Finale for SN’s MS centenary at the US… All eyes on Sankara Nethralaya The Ports’ Pasha expands into Tamil Nadu Inflation: are we emulating Argentina and Brazil? …and of a popular trade leader The Jan Dhan bonanza Liberal imports idling indigenous capacities Put expensive assets created to use... WTO Meet: resolved to meet again Mersal magnified Lalu’s envy, India’s pride Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai A friendly business group Where is Rajaji? Secularism and anti-Hinduism Return to king coal for urea... TN – agglomerate land holdings without alienating ownership Muffled voices for merit… Parliament in paralysis... Small units prefers to remain small... Infrastructure funding – lessons learnt New IT products of Ramco in the pipeline… The sea- saw battle continues... Solar, solar everywhere … Wise Presidents Wanted: a second airport for Chennai Measuring roof tops in terms of KW/MW Convulsions in The Hindu Eternal support for capitalisation of PS banks An enemy’s enemy is a friend Poor quality of university VCs Odisha: spectacular win by Naveen Patnaik Bihar elections - the Rajaji formula worked
 
Should we change the official year?

Addressing the governing council of NITI Aayog attended by state chief ministers, Prime Minister Narendra Modi welcomed the suggestion of NITI Aayog to change the financial year from the present April-March to January-December. The reason is to synchronise it with the agriculture season. 

I find this reason somewhat flawed. For a large country like India with different monsoon patterns, agriculture seasons are not uniform. For the major crop of rice with large varieties related to water availability, the season extends round the year.  For wheat, essentially a winter crop in the north, the season spreads from November to April. For sugarcane it is October-September. Horticulture accounts for more than half of total value of agriculture production. For horticulture the season is different for different crops.

The second issue relates to the falling share of agriculture in the GDP. It is only 14 per cent and is still falling. For Tamil Nadu it is already low at 8 per cent. Over the years the industry and services sectors have switched largely to the present financial year of April to March. Look at the task for thousands of companies and businesses forced to switch to the new financial year.



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