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