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Air Asia India will set new benchmarks for budget travel S Ramanathan – a versatile musician, musicologist Russi Mody – a tribute Noble nonagenarians... Infrastructure funding – lessons learnt Wanted: a second airport for Chennai Modi and the lady 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 The Gulf aviation boom No engine for this car All eyes on Sankara Nethralaya Parliament in paralysis... Demise of a media baron... 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Focus on quality of power - its only around 170-180V GNS - 100: our first subscriber Shaming of Tamils by Tamil farmers at Delhi Tax agriculture Kinetic Karnataka Align crops to agro climate endowments… Muffled voices for merit… MHC should not return to its old indisciplined ways Cutting the nose to spite the face Kulandai was a giant PC’s preference for professionals Tatas moving out of urea production... When Ratan Tata visited SRM SoA @ 80 Convulsions in The Hindu Inflation: are we emulating Argentina and Brazil? London, London Narayan …and of a popular trade leader Small units prefers to remain small... Recognition to role of NBFCs.... Tatas moving out of urea production... The ‘Ayyo-yes’ is no more He saved millions from starvation... Adapt Vajpayee dinner diplomacy Valli, they are more marginalised An informal presentation - analytical, forward locking... Roaring Ro-Ro facility Vibrant Gujarat The Swadeshi Trump Scientists urged to take up farmer-oriented research Delhi is distant A yen for wastage… Why this malaise in medical education? The Ports’ Pasha expands into Tamil Nadu An inexplicable neglect Maximising the micro pricing … Measuring roof tops in terms of KW/MW Moily’s bold thrust Naidu will soon build a new Hyderabad How Air-India loses customs... The why of tax incentives Readers' Mail CRS, a jewel among managers, is no more. The brown list of Venkitaramanan IAS invades NDDB... Whistle-Stop Tour of Raghuram Rajan Banning booze... IPL type auction for VCs? Remembering Indira Sivasailam... R Sridhar steps down as CEO of Shriram Capital Five star activism stalls development activity PPP mode for upgrading Corporation Hospitals EVM is tamper-proof Insurance companies bleeding, yet no decision on increasing FDI limit! A rich pool of talent not utilised…. 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Shipping woes of Chennai companies Adharma of opposition politics Shanti and Sadhana through Music Delhi returns to BJP Rahman at CIC The power-full Hindujas CII projects higher growth… Funding the un-funded Solar, solar everywhere … A C Muthiah – his munificent bequeaths to science Contrarian cousins Solar thermal shines… B H Kothari - a tribute Airlines in India: cost and space Plummeting profits of PSBs Delhi Chalo... ONGC at KG Basin Godspeed, Chief Minister JJ Fall in crude prices help in oil sector reform The rise and rise of KCP More tributes to GR Cleaning Ganga – relocate tanneries and install electric crematoria Tough task taking states together Which side are you, Montek? A glass full of corruption China invests in India He continues the focus on social amelioration TN accounts for the largest recruits by the IT sector This scant respect for Law Multi-faceted Venkat F C Kohli - his concerns all embracing Quality education through the PPP mode There was flood of milk. Reason: no milk commissioner! A think tank for Chennai TN – agglomerate land holdings without alienating ownership Auto components surge… When the President was rendered homeless… The few handicaps... For whom the MIDS bell tolls? Bihar – Nitish Kumar adopts the Lalu model Things happen by accident and not by design... Eternal support for capitalisation of PS banks Road development slows down Not just in-laws (and outlaws); they’ve renowned academics at the helm! Medical costs hit the roof... Sri Lanka votes for change A professional at the helm of IRDA... Padma Bhushan for A Ramakrishna
 
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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