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