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