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

For two decades I have been interacting with the famous economist couple, Isher Judge and Montek Singh Ahluwalia.  When I called on them at their Greater Kailash residence, I learned that the Ahluwalias were scheduled to leave for the US that evening. Still, they discussed at leisure the state of the economy, were keen to know Tamil Nadu politics post-Jayalalithaa and wondered whether Stalin would become the chief minister. 

I asked Montek about the impact of the tectonic shifts in technology like the electric car and solar power.  He said that the system would adjust to changes like it did eg horse-drawn carriages giving way to the automobile.

Montek expressed concern over increasing unemployment: “jobless youth are of concern - potential sections that could be led by unscrupulous leaders. Remember Hitler leading the great Germans to follow him blindly in the 1930s?”

Despite Prime Minister Modi focusing on cooperative federalism, fissures are likely to develop: “the next Finance Commission, in line with past experience, may recommend a higher allotment of 10 per cent increasing the share of the states in the divisible pool to 52 per cent. But developed states like Maharashtra, Tamil Nadu and West Bengal would protest higher allocations to less advanced states at their cost,” he said. 

Did he see much of a change at the Yojana Bhawan at which he functioned as deputy chairman of the Planning Commission for a decade? He said the NITI Aayog has been doing work similar to what the Planning Commission did as a think-tank. Earlier the Planning Commission had powers for allocation of funds to the states and was thus frequented by state chief ministers. Today this has stopped! He pointed out. 

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