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