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