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

A COUPLE OF years ago, Manikam Ramaswami, Managing Director, Loyal Textiles, waxed eloquent over the benefits of the freebie profligacy of Jayalalithaa. He pointed to the sizeable savings in exertion by women thanks to the government supplying free fans, mixies and grinders: “this saves time for women which, in turn, improves their living standards,” he said. He went one step further advocating the government to provide refrigerators free! 

In 2016, the AIADMK poll manifesto promised a lot more freebies. After Team Sasikala faction established its majority in the state assembly, on the first day in office after winning the trust vote, Chief Minister Palanisamy announced a series of welfare measures that included a 50 per cent subsidy to a ceiling of Rs. 20,000 for buying a two-wheeler for 100,000 working women during 2017-18. Ramaswami may have to wait for some more time before his counsel reaches Sasikala.

Cousin T Kannan has a contrarian view. Recently, he expressed concerns over the freebie culture that makes the youth lazy. He pointed to employees not sticking to jobs even for a couple of years due to the government providing so many things free. The cousins should also consult another Karumuttu scion, M Thiagarajan whose Paramount Airways had a meteoric take off and an equally meteoric fall. Perhaps he would commend subsidised airfare to Madurai in business class. 

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