Ad Here  
September
October
November
December
January
February
 
 
WTO Meet: resolved to meet again Align crops to agro climate endowments… Permanent secretariat for TN GIM Limit foreign borrowings to hi-tech, export potential projects... Padma Bhushan for A Ramakrishna Boy, can you beat these? Making ‘my Amaravati’... Tribute – M V Murugappan Poor quality of university VCs Like Hinduism: many paths to reach God... A more liberated TN… CRS, a jewel among managers, is no more. Convulsions in The Hindu Naidu will soon build a new Hyderabad Whistle-Stop Tour of Raghuram Rajan Robber barons everywhere Secularism and anti-Hinduism Noble nonagenarians... He continues the focus on social amelioration S V Raju – a ‘good’ true liberal Infrastructure funding – lessons learnt China invests in India Multi-faceted Venkat Preserving for the future The why of tax incentives Diamond jubilee of Egmore Samskrt School The star of Spencers is no more Tatas moving out of urea production... Building loyalty through the stomach No mega rail project for Tamil Nadu Sweet news for TN sugar mills MHC should not return to its old indisciplined ways A Grand Finale for SN’s MS centenary at the US… Where is Rajaji? Towards speedy justice The power-full Hindujas Russi Mody – a tribute Parliament in paralysis... Eternal support for capitalisation of PS banks The Jan Dhan bonanza He saved millions from starvation... Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Quality education through the PPP mode West Bengal: mindless malignancy Welcome thrust on trade in Modi’s foreign visits... Modi and the lady Tough task taking states together IAS invades NDDB... Kulandai was a giant Quality silica from Neyveli The ‘Jayanthi Tax.’ When the President was rendered homeless… Liberal imports idling indigenous capacities Shaming of Tamils by Tamil farmers at Delhi Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai TN-leverage strength of BHEL, NLC... Lalu’s envy, India’s pride Marketing expert Balagopal is no more Cutting the nose to spite the face The Gulf aviation boom Scientists urged to take up farmer-oriented research CSR and CMI: promise of another Srinivasan Ramanujan... Colour-Chem’s colourful KRVS Another Indian music maestro at the UN Air Asia India will set new benchmarks for budget travel Tribute – UCAL Selvan… Why land prices zoom in TN? A professional at the helm of IRDA... Telangana in top gear… Muffled voices for merit… Editor's Notes The sea- saw battle continues... Tihar, Puzhal not different from Parappana Agrahara Airlines in India: cost and space Gas is the way forward Paytm karo... Which side are you, Montek? Reliance’s TV – 18 ready to launch Tamil News Channel Computation of GDP – conundrums continue L&T- the specialty of special purpose vehicles Alexa – Talking Wikipedia More Shakti to resource mobilisation... The Swadeshi Trump Of course, Gujarat is vibrant GNS - 100: our first subscriber PC’s preference for professionals Revving up the manufacturing sector Kudos to NDTV... The brown list of Venkitaramanan Breaththrough in malaria control A think tank for Chennai Tax agriculture Auto components surge… Tatas moving out of urea production... Strengthen the base... All eyes on Sankara Nethralaya When online building permits work…. IPL - no surprise this scam Vibrant Gujarat The nuclear option Increasing non co-operation of state leaders When TN politicians can emulate Kerala's CIPET hqrs to stay at Guindy – for the present? Wise Presidents Dr C Rangarajan returns to Chennai Sweeter prospects for sugar Music happens R Sridhar steps down as CEO of Shriram Capital This scant respect for Law 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 Five star activism stalls development activity When Ratan Tata visited SRM Put expensive assets created to use... Protest masters... Plummeting profits of PSBs Contrarian cousins Land reclamation from sea appears cheaper! Solar thermal shines… Make standards certification mandatory... EEC at the National Media Centre Remembering Indira Sivasailam... Nuclear power at the nucleus Where a state respects its litterateurs… Fall in crude prices help in oil sector reform The rise and fall of Annamalai University TN accounts for the largest recruits by the IT sector Shale gas and its shallow future A friendly business group Gay abandon in pricing Streamlining mandatory third party cover TGS- The king storyteller ONGC at KG Basin Shanti and Sadhana through Music New IT products of Ramco in the pipeline… Editor's Says CII projects higher growth… Pharma – overdose of copying For whom the MIDS bell tolls? TELANGANA at last…BUT Delhi is distant… Fuel for thought Measuring roof tops in terms of KW/MW GM Technology at last! The ‘Ayyo-yes’ is no more Funding the un-funded How Air-India loses customs... London, London Narayan Demise of a media baron... Delhi returns to BJP Naidu’s return augurs well for Seemandhra Build close rapport with business leaders Things happen by accident and not by design... Cleaning Ganga – relocate tanneries and install electric crematoria Valli, they are more marginalised TN – agglomerate land holdings without alienating ownership A C Muthiah – his munificent bequeaths to science IPL type auction for VCs? Focus on quality of power - its only around 170-180V Revive development banks... Delhi is distant Waning interest in public discussions… Inflation: are we emulating Argentina and Brazil? Not just in-laws (and outlaws); they’ve renowned academics at the helm! An informal presentation - analytical, forward locking... Recognition to role of NBFCs.... Should we change the official year? Rs.1600 crore paper board plant of TNPL Small units prefers to remain small... Polls and promises Shipping woes of Chennai companies Poor representation for Kerala and TN in Cabinet Banning booze... An enemy’s enemy is a friend Rahman at CIC Adharma of opposition politics There was flood of milk. Reason: no milk commissioner! B H Kothari - a tribute Godspeed, Chief Minister JJ Come elections, come advertisements... A yen for wastage… Engineering seats go abegging Tribute Haul over the coal PPP mode for upgrading Corporation Hospitals More tributes to GR Tribute – Manikam Ramaswami Roaring Ro-Ro facility A Grand Finale for SN’s MS centenary at the US… The Ports’ Pasha expands into Tamil Nadu More Shakthi to Das’ elbow Delhi Chalo... Bihar – Nitish Kumar adopts the Lalu model Medical costs hit the roof... Fortune for Indian Airlines EVM is tamper-proof Kinetic Karnataka Readers' Mail Mu Sigma – is no more Excel Generators provide the vital back-up A glass full of corruption Welcome focus on core competence A proud Madrasi S Ramanathan – a versatile musician, musicologist Welcome GST Moily’s bold thrust Adapt Vajpayee dinner diplomacy Road development slows down The rise and rise of KCP L&T: focus on infrastructure and more infrastructure… Discoms deserve better… …and of a popular trade leader Solar, solar everywhere … When small is no larger beautiful.. Welcome changes that testify to Jayalalithaa’s return to health Return to king coal for urea... Maximising the micro pricing … Cement prices continue to rise… Intellectual of rare qualities Mersal magnified The few handicaps... Insurance companies bleeding, yet no decision on increasing FDI limit! When nations steal growth from one another… An inexplicable neglect No engine for this car Odisha: spectacular win by Naveen Patnaik F C Kohli - his concerns all embracing Don’t seem to feel the pulse… SoA @ 80 For whom the bell tolls? TIAM turns a full cycle The balancing act Silver Years of Madras Musings Online not in line with brick and mortar businesses... Why this malaise in medical education? Sri Lanka votes for change More heat than light Modi storms Silicon Valley Lesson from Chandrababu Naidu No Maha Koottani in TN... Wanted: a second airport for Chennai A rich pool of talent not utilised…. Bihar elections - the Rajaji formula worked A welcome initiative by the judiciary Fortune 500 review
 
Banning booze...

An issue rocking Tamil Nadu politics is the re-introduction of prohibition of liquor. With elections to the state assembly due in the next 9/10 months, parties in opposition are demanding an end to the current liquor policy.

 The AIADMK government is worried over the impact of a huge loss of revenue by re-introducing prohibition. Excise income from liquor sales made through the state outlets of the Tamil Nadu State Marketing Corporation(TASMAC) is estimated around Rs 25,000 crore, forming around 15 per cent of state’s total revenue receipts for this year.

The state’s finances are not elastic. In total debts of the state, of around Rs 211,483 crore budgeted for 2015-16, a sizeable chunk, of around Rs 30,000 crore, of the state’s budgeted expenditure, goes for debt servicing including interest payments. Staff costs, including pensions, account for around Rs 60,000 crore. The state spends another around Rs 59,000 crore towards subsidies for food, power and a host of other freebies. These three heads together consume almost the entire revenue receipts of around Rs 150,000 crore leaving little resource for development.

Karunanidhi as chief minister scrapped prohibition in 1971 on the pretext of widespread bootlegging and difficulty of enforcing prohibition. After the humongous human suffering and havoc caused, DMK supremo Karunanidhi is re-thinking and indicates including the scrapping of the current liquor policy as the DMK party’s 2016 election platform. Other parties in the state – the PMK, VCK, Congress… – demand prohibition.

The havoc caused by liquor has indeed been extensive and humongous. A culture of celebrating birthday parties, marriages and festivals, of course election meetings and even mourning  deaths with liquor has become widespread. It is not uncommon to see school and college students holding booze parties in five star hotels.


 Kerala, which has been accounting for the highest levels of per capita liquor consumption, has announced the return to prohibition. Maharashtra Chief Minister Fadnavis has  pointed to his interest in this. Gujarat, Mizoram, Lakshadweep and Nagaland are the few states where prohibition has been in force.

 It is not easy though. While enforcement will demand great attention, revenue loss can be mitigated by better targeting of the numerous subsidies to the most needy sections. The NDA government has succeeded in reducing the outgo on LPG subsidy by fixing a limit and by direct cash transfer. The state should adopt such an approach. Surely this would serve a larger social good.

 

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com