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GNS - 100: our first subscriber Telangana in top gear… More heat than light Boy, can you beat these? Strengthen the base... Inflation: are we emulating Argentina and Brazil? CII projects higher growth… There was flood of milk. Reason: no milk commissioner! Kinetic Karnataka GM Technology at last! The Swadeshi Trump An enemy’s enemy is a friend A professional at the helm of IRDA... Naidu’s return augurs well for Seemandhra Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai An inexplicable neglect Revving up the manufacturing sector Tribute – M V Murugappan Make standards certification mandatory... IPL - no surprise this scam Tihar, Puzhal not different from Parappana Agrahara Tough task taking states together Intellectual of rare qualities Build close rapport with business leaders The balancing act A friendly business group Things happen by accident and not by design... Tatas moving out of urea production... For whom the bell tolls? Valli, they are more marginalised Mersal magnified Poor quality of university VCs CSR and CMI: promise of another Srinivasan Ramanujan... When nations steal growth from one another… Online not in line with brick and mortar businesses... Mu Sigma – is no more A proud Madrasi Quality silica from Neyveli Why land prices zoom in TN? Alexa – Talking Wikipedia Maximising the micro pricing … Contrarian cousins The nuclear option Permanent secretariat for TN GIM Wanted: a second airport for Chennai No engine for this car S V Raju – a ‘good’ true liberal The why of tax incentives Come elections, come advertisements... Tribute – Manikam Ramaswami Haul over the coal Adharma of opposition politics Convulsions in The Hindu Fortune 500 review Tribute – UCAL Selvan… Rahman at CIC Robber barons everywhere Gay abandon in pricing Whistle-Stop Tour of Raghuram Rajan Secularism and anti-Hinduism L&T- the specialty of special purpose vehicles Return to king coal for urea... For whom the MIDS bell tolls? 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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 rise and rise of KCP Dr C Rangarajan returns to Chennai Sri Lanka votes for change Shaming of Tamils by Tamil farmers at Delhi The Gulf aviation boom When Ratan Tata visited SRM Parliament in paralysis... Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated All eyes on Sankara Nethralaya Should we change the official year? F C Kohli - his concerns all embracing Cutting the nose to spite the face Delhi is distant The few handicaps... WTO Meet: resolved to meet again Lesson from Chandrababu Naidu S Ramanathan – a versatile musician, musicologist Eternal support for capitalisation of PS banks He saved millions from starvation... Reliance’s TV – 18 ready to launch Tamil News Channel MHC should not return to its old indisciplined ways When online building permits work…. TN-leverage strength of BHEL, NLC... Medical costs hit the roof... Shale gas and its shallow future Small units prefers to remain small... Align crops to agro climate endowments… Airlines in India: cost and space Bihar – Nitish Kumar adopts the Lalu model A Grand Finale for SN’s MS centenary at the US… More tributes to GR Tatas moving out of urea production... Editor's Says Liberal imports idling indigenous capacities Pharma – overdose of copying Fuel for thought TIAM turns a full cycle Like Hinduism: many paths to reach God... EEC at the National Media Centre Infrastructure funding – lessons learnt Engineering seats go abegging Quality education through the PPP mode Colour-Chem’s colourful KRVS Fortune for Indian Airlines Welcome changes that testify to Jayalalithaa’s return to health Five star activism stalls development activity Discoms deserve better… Don’t seem to feel the pulse… Editor's Notes Put expensive assets created to use... 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Computation of GDP – conundrums continue PC’s preference for professionals Recognition to role of NBFCs.... New IT products of Ramco in the pipeline… EVM is tamper-proof Tax agriculture Rs.1600 crore paper board plant of TNPL When TN politicians can emulate Kerala's Streamlining mandatory third party cover TN accounts for the largest recruits by the IT sector ONGC at KG Basin Fall in crude prices help in oil sector reform
 
Moily’s bold thrust

Within a week of assuming charge as the Union Minister of Environment & Forests, Veerappa Moily has attempted to breathe some fresh air. He is reported to favour genetically modified (GM) food crops in the country, overturning the position of his predecessors.  As mentioned in our January issue, the Ministry has earned  a notoriety for its very many lapses. T R Baalu and A Raja, representatives of the DMK in the coalition, did not try to understand much of the complex issue. They merrily issued licences that turned out to be arbitrary and non-performing. Jairam Ramesh and his successor Jayanthi Natarajan, sat over the files; we have the sad spectacle of  projects involving thousands of crores of rupees making little progress. Narendra Modi even referred to a ‘Jayanthi tax.’

Moily, with his rich experience at the state and Central levels, has been known for his pragmatism. He has promised to clear the several projects relating to mining getting stuck on environmental issues. More welcome is his promise to have a relook at the GM crop issue.

    Moily’s term as the Minister of Law & Justice was marked by such a refreshing approach. He was concerned with the mounting arrears in the courts. Moily promised to work on judicial reforms and set a time limit of three years for disposal of a case. Unfortunately, his successor was more embroiled in politics and had to quit on not so honourable terms.

In his tenure as the Minister of Petroleum and Natural Gas, Moily again took bold to implement the recommendations of three important committees on pricing of petroleum products. The decision of the government to go for monthly increases in the price of diesel as also to link the pricing of petrol to the cost of crude and increase the price of commercial LPG despite not being popular, were compelling necessities. Moily also took bold to double the price of natural gas from $ 4.20 to $ 8.40 per thousand BTU from April  based on the Rangarajan committee’s recommendations. But it had been receiving expected opposition from other political parties including the Aam Aadmi Party. As has been pointed out by IE, regional parties like AIADMK routinely oppose reforms and corrections that fall squarely in the domain of Centre.  This makes it extremely difficult for weak coalition governments at the Centre to take decisions on the basis of fiscal prudence and economic compulsions.  

Unlike his predecessors in recent years, Moily brings with him decades of experience as a minister and administrator. His record as Chief Minister of Karnataka was sound and the seasoned politician also has a good grasp of the impact of policies on the masses. In the short tenure, he should persist with rational reforms that would correct the very many blunders of his predecessors.

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