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Why (not) abolish? Tax evaders’ get out of Jail-Free Card Tryst with GST How will it PAN OUT Cleansing Indian retail INDIA keeps its date with destiny South India’s 100 most valuable companies A dual GST that will protect prosperous states Babes In the wood-RBI North block has little clue to curb inflation Jobs - Lost, Changed or Gained Economy through the month Need for radical RBI reform Sowing seeds of hope Much ado about nothing Policy Makers Land, land everywhere, but... Industry can’t get it from Mars, yet Make way for Make in India... A historic indirect tax reform Strategic planning the missing link Babes In the wood-RBI North block has little clue to curb inflation They add lustre to Padma Awards Ganesh’s mantras 1800 parties registered with EC – Less than 60 contest elections Healthy finances of the Chennai Corporation Breaking news or breaking credibility? In the horns of a dilemma Sardar Sarovar – the seventy year itch Skewed Economic Zones? Focus on southern TN... Welcome Measures. Work for 10X Change Weaving wealth of western Tamil Nadu When the examiner cheated... After all, customer is the king PC please be our Santa Indian GST – Between extremes… It’s raining funds for states. Really? No groundnuts in groundnut oil! Focus on agriculture and human resources Well-administered State Welcome move to widen the tax net… Low profile moves An eventful week with VVIPs of Delhi Truce at Kasturi Buildings A tale of two Bihar babus MS Installed The deluge and the several kindly souls An eco-friendly commute in Mysuru A blueprint for the future The Great Fall Better relations with UK... Reform this licence to…kill You too T M Krishna? Deming awardees galore! Rail-road Rajaraman A Fine division of responsibilities If not Tamil Nadu, where else? Star of the South Chennai Airport-Ready for a rapid take off... Oh my GOLD Pool energy prices Two welcome measures from the chief minister... CAD and the emergency thereof Miles to go... Trail-blazing Tamil Nadu Wanted: decentralised financial system Need plan over the long term planning Much can be done by us Technology and economic development should be linked A gratifying record Research for survival... Kudos to GIM organisers... BJP can now hasten its thrust for reforms Little surplus after salaries, subsidies and debt servicing Public investments and welfare will surge Welcome rains for damaged roads... Outward ho CSR, tech revolution and bank crisis Sustainably developing manufacturing sector… Why throw baby with bath water? What the big B should offer? TN - so much to offer...
 
Kudos to GIM organisers...
More than 3000 foreign companies are already present in Tamil Nadu. These include over 500 Japanese, 150 Korean and 250 American companies. The state is also the second in terms of foreign direct investments. So several people asked why does Tamil Nadu need a Global Investors Meet.

Narrating the course of organising GIM, C V Sankar, Additional Chief Secretary explained the rationale for conducting GIM. He referred to the immense support provided by the Tamil Nadu Chief Minister J Jayalalithaa from the time it was proposed to organise a meet to its successful inauguration and the grand finale.

 

Several lessons learnt...

Addressing a felicitation meet organised by IE to the GIM Secretariat, Sankar pointed to the well-spread industrial development initially around the Kongu belt (Coimbatore, Tirupur, Erode) through Ariyalur, Tiruchi, Madurai apart from Chennai. “Looking closely at the industrial development, even I had a few surprises: I came to know Sivakasi has the largest number of offset machines in a single location in the world, second only to Gutenburg! In many sectors we stand first and in several others within the top three to five. There are so many positive attributes for Tamil Nadu that need to be publicised. We were assured on our plan to conduct the GIM,”  said Sankar. The senior civil servant expressed happiness over the response - MoUs signed, for over Rs 242,000 crore of investments.

Sankar also pointed to several areas where the state has not yet ventured into. Referring to the comment made earlier by S Viswanathan, Editor and Publisher, Industrial Economist in his welcome address, Sankar said: “the state is yet to make a mark in several sectors like petro-chemicals, oil refining, agriculture… Gujarat and Maharashtra have done outstandingly well. Tamil Nadu has to foray into several of these. Our state is capable of effectively competing with other leading industrialised states. We will work on this and also excel in providing quality infrastructure.”

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