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

Addressing the governing council of NITI Aayog attended by state chief ministers, Prime Minister Narendra Modi welcomed the suggestion of NITI Aayog to change the financial year from the present April-March to January-December. The reason is to synchronise it with the agriculture season. 

I find this reason somewhat flawed. For a large country like India with different monsoon patterns, agriculture seasons are not uniform. For the major crop of rice with large varieties related to water availability, the season extends round the year.  For wheat, essentially a winter crop in the north, the season spreads from November to April. For sugarcane it is October-September. Horticulture accounts for more than half of total value of agriculture production. For horticulture the season is different for different crops.

The second issue relates to the falling share of agriculture in the GDP. It is only 14 per cent and is still falling. For Tamil Nadu it is already low at 8 per cent. Over the years the industry and services sectors have switched largely to the present financial year of April to March. Look at the task for thousands of companies and businesses forced to switch to the new financial year.



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