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IPL - no surprise this scam Poor representation for Kerala and TN in Cabinet The Swadeshi Trump IAS invades NDDB... Convulsions in The Hindu Where a state respects its litterateurs… Air Asia India will set new benchmarks for budget travel Revving up the manufacturing sector A glass full of corruption A welcome initiative by the judiciary Tough task taking states together Road development slows down Things happen by accident and not by design... Protest masters... When the President was rendered homeless… Modi storms Silicon Valley Come elections, come advertisements... GM Technology at last! Engineering seats go abegging There was flood of milk. Reason: no milk commissioner! Roaring Ro-Ro facility How Air-India loses customs... Naidu will soon build a new Hyderabad Poor quality of university VCs Lesson from Chandrababu Naidu When small is no larger beautiful.. ONGC at KG Basin Wise Presidents An informal presentation - analytical, forward locking... A C Muthiah – his munificent bequeaths to science Welcome changes that testify to Jayalalithaa’s return to health Tribute – M V Murugappan TIAM turns a full cycle He continues the focus on social amelioration CII projects higher growth… More Shakthi to Das’ elbow No mega rail project for Tamil Nadu Editor's Says Infrastructure funding – lessons learnt Why land prices zoom in TN? …and of a popular trade leader A rich pool of talent not utilised…. Like Hinduism: many paths to reach God... Strengthen the base... Insurance companies bleeding, yet no decision on increasing FDI limit! Kinetic Karnataka Polls and promises Vibrant Gujarat A Grand Finale for SN’s MS centenary at the US… Recognition to role of NBFCs.... Limit foreign borrowings to hi-tech, export potential projects... Shale gas and its shallow future TN-leverage strength of BHEL, NLC... Kudos to NDTV... Put expensive assets created to use... Delhi is distant The Jan Dhan bonanza Shipping woes of Chennai companies Muffled voices for merit… Boy, can you beat these? West Bengal: mindless malignancy Marketing expert Balagopal is no more 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 Breaththrough in malaria control Russi Mody – a tribute For whom the bell tolls? Airlines in India: cost and space TGS- The king storyteller Quality silica from Neyveli Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated The power-full Hindujas Padma Bhushan for A Ramakrishna Bihar – Nitish Kumar adopts the Lalu model No engine for this car China invests in India WTO Meet: resolved to meet again Fall in crude prices help in oil sector reform Tatas moving out of urea production... Haul over the coal CIPET hqrs to stay at Guindy – for the present? TN accounts for the largest recruits by the IT sector GNS - 100: our first subscriber London, London Narayan Shaming of Tamils by Tamil farmers at Delhi Another Indian music maestro at the UN Demise of a media baron... Rs.1600 crore paper board plant of TNPL Cutting the nose to spite the face Dr C Rangarajan returns to Chennai Adapt Vajpayee dinner diplomacy When Ratan Tata visited SRM He saved millions from starvation... Land reclamation from sea appears cheaper! Contrarian cousins Five star activism stalls development activity Fuel for thought Gay abandon in pricing Godspeed, Chief Minister JJ For whom the MIDS bell tolls? Silver Years of Madras Musings B H Kothari - a tribute Fortune 500 review Telangana in top gear… PC’s preference for professionals Eternal support for capitalisation of PS banks New IT products of Ramco in the pipeline… Adharma of opposition politics TELANGANA at last…BUT Rahman at CIC Don’t seem to feel the pulse… Welcome GST Waning interest in public discussions… Computation of GDP – conundrums continue Build close rapport with business leaders Welcome thrust on trade in Modi’s foreign visits... This scant respect for Law Increasing non co-operation of state leaders Banning booze... Liberal imports idling indigenous capacities Solar, solar everywhere … Parliament in paralysis... Remembering Indira Sivasailam... Wanted: a second airport for Chennai The sea- saw battle continues... The nuclear option Sri Lanka votes for change Auto components surge… Not just in-laws (and outlaws); they’ve renowned academics at the helm! Bihar elections - the Rajaji formula worked Permanent secretariat for TN GIM MHC should not return to its old indisciplined ways More heat than light A think tank for Chennai Small units prefers to remain small... Intellectual of rare qualities Welcome focus on core competence Moily’s bold thrust Robber barons everywhere Focus on quality of power - its only around 170-180V An inexplicable neglect A Grand Finale for SN’s MS centenary at the US… The why of tax incentives Plummeting profits of PSBs A friendly business group Pharma – overdose of copying A yen for wastage… Modi and the lady Readers' Mail Odisha: spectacular win by Naveen Patnaik A more liberated TN… Excel Generators provide the vital back-up Whistle-Stop Tour of Raghuram Rajan SoA @ 80 Making ‘my Amaravati’... Scientists urged to take up farmer-oriented research CSR and CMI: promise of another Srinivasan Ramanujan... Nuclear power at the nucleus Discoms deserve better… Noble nonagenarians... Shanti and Sadhana through Music When nations steal growth from one another… Measuring roof tops in terms of KW/MW Diamond jubilee of Egmore Samskrt School Streamlining mandatory third party cover The Ports’ Pasha expands into Tamil Nadu Sweet news for TN sugar mills The star of Spencers is no more More tributes to GR Tatas moving out of urea production... F C Kohli - his concerns all embracing EEC at the National Media Centre Building loyalty through the stomach Of course, Gujarat is vibrant Quality education through the PPP mode Funding the un-funded Music happens The rise and rise of KCP Delhi is distant… Tribute – UCAL Selvan… CRS, a jewel among managers, is no more. Solar thermal shines… The Gulf aviation boom Maximising the micro pricing … Tribute Fortune for Indian Airlines Secularism and anti-Hinduism The brown list of Venkitaramanan When TN politicians can emulate Kerala's Naidu’s return augurs well for Seemandhra Kulandai was a giant IPL type auction for VCs? Should we change the official year? No Maha Koottani in TN... S V Raju – a ‘good’ true liberal Multi-faceted Venkat Lalu’s envy, India’s pride The rise and fall of Annamalai University Medical costs hit the roof... Tribute – Manikam Ramaswami Delhi Chalo... Cleaning Ganga – relocate tanneries and install electric crematoria Mu Sigma – is no more L&T: focus on infrastructure and more infrastructure… The few handicaps... Paytm karo... Align crops to agro climate endowments… Make standards certification mandatory... Editor's Notes TN – agglomerate land holdings without alienating ownership Alexa – Talking Wikipedia Towards speedy justice Cement prices continue to rise… Which side are you, Montek? Colour-Chem’s colourful KRVS Inflation: are we emulating Argentina and Brazil? The balancing act L&T- the specialty of special purpose vehicles R Sridhar steps down as CEO of Shriram Capital Why this malaise in medical education? A professional at the helm of IRDA... Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai The ‘Jayanthi Tax.’ Valli, they are more marginalised Online not in line with brick and mortar businesses... Tax agriculture Sweeter prospects for sugar Delhi returns to BJP Gas is the way forward Return to king coal for urea... PPP mode for upgrading Corporation Hospitals When online building permits work…. Where is Rajaji? EVM is tamper-proof Reliance’s TV – 18 ready to launch Tamil News Channel An enemy’s enemy is a friend S Ramanathan – a versatile musician, musicologist Mersal magnified All eyes on Sankara Nethralaya More Shakti to resource mobilisation... Preserving for the future The ‘Ayyo-yes’ is no more Revive development banks... Tihar, Puzhal not different from Parappana Agrahara A proud Madrasi
 
Put expensive assets created to use...
TAMIL NADU has the reputation of attracting investments in large industrial and infrastructure projects. This was the result of the strong base laid in the 1950s and 1960s by the leadership provided by K.Kamaraj, R Venkataraman and C Subramaniam. The advantage of good infrastructure and the focus on power were big help. Disappointingly, the over-emphasis of the Dravidian parties on the distribution rather than creation of wealth, has dented the reputation of the state. Tamil Nadu has been neglecting power development for two decades and presently is in the midst of a severe power crisis. Post 2000, the IT sector received a big boost. Presently, this appears to have suffered a slowdown. High cost of real estate, compounded by recent huge hike in property tax proposed by the Corporation, are dimming the prospects.

Times of India recently featured several large buildings like the new Secretariat building and the new Rajiv Gandhi General Hospital complex built at a cost of a couple of thousand crores of rupees, kept idle.

The state has several other such issues like the NHAI elevated road project being built along the Cooum River getting stalled. There have been humongous losses suffered on stalling these projects of great value to the metro.

The average citizen is already reeling under the weight of inflation. Items of daily consumption including food, fruits and vegetables, house rent, transportation, power, have all been registering frequent and steep increases. Should the government be insensitive to the burden caused by time overruns, delays and idling of expensive facilities? There is urgent need for a much higher degree of cost economics on the part of policymakers.

Why can’t leverage the strengths of Central projects?

THE STATE has not been supportive of large Central-sector projects that have been making huge contributions to employment and state revenues. BHEL, Neyveli Lignite Corporation and Chennai Petroleum Corporation provide large employment and handsome revenues to the state. In fact, for nearly five decades, Neyveli has been providing cheap power in large volumes. NLC has handsome resources and is financially strong. Its proposal for expansion at Jayamkondam with an investment of over Rs 18,000 crore has been hanging fire for two decades. Coal Minister Sriprakash Jaiswal is busy with a Rs 20,000 crore (4000 MW) thermal plant in his constituency Kanpur in UP, with NLC pumping in Rs 6000 crore. Andhra Pradesh and Karnataka have been effectively leveraging the large presence of BHEL in their states to set up joint venture power projects. Unfortunately, such a JV between BHEL and TANGEDCO for setting up a 1600 MW power project at Udangudi was dropped.
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