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

So, Chandrababu Naidu launched the new capital at Amaravathi with grandeur. After Chandigarh, one is going to witness the construction of a new, large city from scratch. With his penchant for technology and proven ability, Naidu will put in his best efforts to build this capital city as a smart city. The involvement of experts from Singapore is sure to  help. To work on the greenfield site will provide a great deal of freedom and flexibility. A capital on the banks of a perennial river is yet another plus factor.

Naidu can be expected to access funds from across the globe and also invite MNCs to invest in a big way. His online campaign, My Brick, My Amaravathi, a fund-raising platform in which e-bricks can be purchased from Rs 10 upwards was welcomed. As of 21 November 2015, the campaign saw a collection of Rs 4.93 crore.

However, the finances of the state are not in great shape. There is also the difficulty of the Centre to provide large scale funding due to its own resource constraints. The slow growth of the economy, the massive increases in expenditure as a result of the implementation of the one rank one pension scheme for defence personnel, the 23.66 per cent increase in the emoluments of Central government employees, higher devolution to states consequent upon the recommendations of the 14th Finance Commission and the clamour for larger resources from every state would make it difficult for the NDA-II government to heed fully to the demands of AP.

The bifurcation also resulted in a skewed distribution of development areas with much of these going to Telangana. One hopes for more active involvement of the rich Andhra NRIs working abroad.


Author :
Reported On :
Sector :
Shoulder :
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
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236