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

It is unusual. Tamil Nadu is usually among the first to react to major policy decisions of the Centre impacting states’ finances. On almost every issue such reaction used to be adversarial. Take the case of GST, where the state has been the lone protestor refusing to fall in line. 

It has its reasons: for 15 years from 1999, the DMK was part of the Central government, enjoying power and pelf. Tamil Nadu had a significant representation in the Central cabinet. With the adversarial politics of Tamil Nadu, the AIADMK had been instinctively opposing any and every measure of the Centre. 

Instead of focusing on development, the state has been spending a lot of energy on emotive issues like jallikattu, the intractable issue of river waters and the conflict over the jurisdiction of fishermen in southern Tamil Nadu and northern Sri Lanka. 

The state stubbornly refused to fall in line with the implementation of the National Food Security Act and the UDAY scheme. The state resorted to judicial remedies to block several important development projects  like the elevated highway project linking the Chennai and Ennore Ports; stopping construction of the gas pipeline connecting Kochi with Bengaluru; the highly scientific nutrino project and the coal-methane gasification project along with the development of shale gas.

The state seems to have been little informed of the humungous benefits that would flow from the use of natural gas/LPG for a wide variety of applications as has been done by Gujarat to great advantage. Tapping shale gas has revolutionised the energy economics of the US and massively reduced its dependence on energy imports from the Gulf. But TN policymakers seem to be unaware of the importance of shale gas.

In this background, I noticed a welcome change over the last few weeks: Tamil Nadu has agreed to fall in line with the NFSA and the UDAY scheme. In my recent interactions with policymakers in Delhi, I gathered that the state has substantially modified its opposition to GST and has been making several valuable suggestions. Such a change is possible only with the consent of the chief minister, J Jayalalithaa, and this makes me deduce that she is getting back to fuller health. Godspeed to her resuming work in quick time. 

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