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Kulandai was a giant Music happens He saved millions from starvation... Rahman at CIC Mu Sigma – is no more Sweet news for TN sugar mills Permanent secretariat for TN GIM TIAM turns a full cycle Dr C Rangarajan returns to Chennai Where a state respects its litterateurs… Build close rapport with business leaders Airlines in India: cost and space Make standards certification mandatory... West Bengal: mindless malignancy Tatas moving out of urea production... The star of Spencers is no more Another Indian music maestro at the UN Five star activism stalls development activity Recognition to role of NBFCs.... F C Kohli - his concerns all embracing A glass full of corruption Waning interest in public discussions… Online not in line with brick and mortar businesses... A rich pool of talent not utilised…. Multi-faceted Venkat For whom the bell tolls? Delhi Chalo... This scant respect for Law Don’t seem to feel the pulse… …and of a popular trade leader Modi storms Silicon Valley S V Raju – a ‘good’ true liberal Russi Mody – a tribute Funding the un-funded Gas is the way forward Rs.1600 crore paper board plant of TNPL When nations steal growth from one another… The Gulf aviation boom Adapt Vajpayee dinner diplomacy Why this malaise in medical education? Preserving for the future Secularism and anti-Hinduism Gay abandon in pricing Noble nonagenarians... Paytm karo... The ‘Ayyo-yes’ is no more Insurance companies bleeding, yet no decision on increasing FDI limit! The Jan Dhan bonanza Alexa – Talking Wikipedia Editor's Notes Tihar, Puzhal not different from Parappana Agrahara Shale gas and its shallow future Parliament in paralysis... How Air-India loses customs... Like Hinduism: many paths to reach God... Computation of GDP – conundrums continue Fortune for Indian Airlines Welcome thrust on trade in Modi’s foreign visits... Valli, they are more marginalised Strengthen the base... PPP mode for upgrading Corporation Hospitals Lesson from Chandrababu Naidu IPL - no surprise this scam He continues the focus on social amelioration Put expensive assets created to use... Plummeting profits of PSBs Whistle-Stop Tour of Raghuram Rajan Should we change the official year? Bihar – Nitish Kumar adopts the Lalu model Measuring roof tops in terms of KW/MW No mega rail project for Tamil Nadu EVM is tamper-proof S Ramanathan – a versatile musician, musicologist When small is no larger beautiful.. Varuna (rain) in 2015; Vaayu (air) in 2016. 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CIPET hqrs to stay at Guindy – for the present? Solar, solar everywhere … The balancing act Kudos to NDTV... Align crops to agro climate endowments… China invests in India Kinetic Karnataka Modi and the lady Shipping woes of Chennai companies London, London Narayan The few handicaps... Padma Bhushan for A Ramakrishna More heat than light When Ratan Tata visited SRM A yen for wastage… Increasing non co-operation of state leaders Reliance’s TV – 18 ready to launch Tamil News Channel Wanted: a second airport for Chennai Sweeter prospects for sugar Small units prefers to remain small... Which side are you, Montek? Banning booze... Tribute – Manikam Ramaswami Sri Lanka votes for change PC’s preference for professionals More Shakti to resource mobilisation... A welcome initiative by the judiciary CSR and CMI: promise of another Srinivasan Ramanujan... An informal presentation - analytical, forward locking... 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TN – agglomerate land holdings without alienating ownership Return to king coal for urea... Road development slows down Tax agriculture A proud Madrasi Tribute Quality education through the PPP mode Medical costs hit the roof... Land reclamation from sea appears cheaper! Diamond jubilee of Egmore Samskrt School New IT products of Ramco in the pipeline… Revving up the manufacturing sector Making ‘my Amaravati’... Revive development banks... For whom the MIDS bell tolls? TGS- The king storyteller Streamlining mandatory third party cover Tribute – UCAL Selvan… Scientists urged to take up farmer-oriented research Colour-Chem’s colourful KRVS The Ports’ Pasha expands into Tamil Nadu Contrarian cousins Pharma – overdose of copying Come elections, come advertisements... Welcome changes that testify to Jayalalithaa’s return to health Delhi returns to BJP Convulsions in The Hindu Why land prices zoom in TN? CII projects higher growth… A professional at the helm of IRDA... The Swadeshi Trump
 
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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