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

Donald Trump won the US Presidential election 2016 on a major promise to protect jobs for the locals and to arrest unchecked migration. This has the potential to end decades of the US economy built on free market. While this did a lot of good for world trade, it resulted in the US losing out. 

While the continuous boom years post-1980s helped the US economy record multi-faceted growth, it also witnessed the US losing its pre-eminence in several sectors including agriculture. European countries followed by Japan and Korea, Mexico and several other Latin American countries, China and India in the recent two decades, have been thriving on this open market policy of the US. The economic giant, which encouraged migration, has been recording negative trade balances with an increasing number of countries and has been sustained on huge public debt. The saving grace has been its continued dominance in high technology areas thanks to its strong educational system, entrepreneurship, drive towards energy self-sufficiency and space technology. But all the while the US has been losing on its traditional strength of manufacturing. These did impact on jobs especially at the lower end.

Donald Trump focused on this factor to win the presidency. Even before he assumed power, he has given a rude shock to several countries across the globe by announcing several drastic measures like constructing a wall across Mexico, its southern neighbour and high import tariffs on automobiles and other imports.

Over the last couple of decades large super markets across the US have been stacked with imported goods, largely Chinese, of every description. China has built its economy on exports in large volumes especially to the US and surely it will also be on the firing line of Donald Trump. To be fair to Trump, one should point to several countries including highly developed ones like Japan and fast developing ones like China and India erecting huge walls against free imports. Therefore they cannot protest overmuch.

The evolution of the European Community through free economic union over the last seven decades has been the driving force in ending centuries of nationalism-based, cross border animosities. Today there is the danger of the world reverting to the pre World War II conflicts among nation states.

 



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