Ad Here  
Digital revolution will alter Indian media Metro by October An ecologist’s delight... Why not an introductory price of Rs 20 flat for Metro Rail…. Book your suburban train ticket through an app Delhi is distant Tamil Nadu Police and the mystery of Swathi’s murder A professional touch to urban management… Light House tour Doha comes to India Madras nalla Madras The hustle and bustle A memorable journey down memory lane Rate your civic services Chennai finds a sister in China Voice against noise Chennai makes more cars than Detroit RIP Vaali Power houses at Udyog Bhawan Website to decongest traffic Customer friendly UK visas… Nagappa Chettiar – the leather doyen Inviting investments to Tamil Nadu The green elements... A man who overcame odds… It is Excellent, Novel and Radical! Daily Thanthi 75 – what a record spreading interest in news, literacy Metro to save realty sector… Water catches fire! The road ahead...
Delhi is distant
Fifty years ago, in 1966-66 Sachindra Choudhry as finance ministry made a steep devaluation of the rupee. The economy was then in dire straits with a severe drought causing a prospectus full in food production. Indira Gandhi was struggling finding her feet as the prime minister. Keen to explain the government’s policies and to get reactions from the media, she launched the Economic Editors’ Conference (EEC).

The EEC became an annual event inaugurated by the finance minister, addressed by a dozen minsters handling economic portfolios assisted by senior civil servants of the respective departments. The EEC provided an important forum to discuss the impact of economic policies on the different regions. As one attending this from 1973 continuously for four decades I have found value in this interaction. The forum provided the opportunity to project the impact of policies on different regions as also report on specific needs of the regions far removed from Delhi. For instance at the EEC in 1973 I pointed to the inadequacy of mining capacity at the Neyveli Lignite Corporation that plunged NLC into continuous underperformance and losses. Mohan Kumaramangalam then minister of Steels & mines appreciated and assured of quick redressal. The special sanction that followed for augmenting mining machinery resulted in NLC emerging among the most profitable PSU.

 For journalists outside Delhi the EEC provided an invaluable opportunity to meet with policymakers and discuss policy issues.

 The NDA government has not convened the EEC since it assumed power in 2014 (even in the first NDA Jaswanth Singh as finance minister missed out one).

 The media of Lyuten’s Delhi has not been fair and kind to Narendra Modi that seems to have conditioned his reflex to keep the media at a distance. But should this also extend to his cabinet colleagues?

 In this light the Press Information Bureau organizing a two day conference of regional editors’ conference for the southern states on 1 and 2 September assumed interest. Prime minister has directed his cabinet colleagues to undertake the TirangYatra to explain the highlights of  the NDA -2 performance over the last two years. I&B Minister, M Venkaiah Naidu inaugurated the conference in Chennai along with a photo exhibition to commemorate the 70th independence day. He explained in detail the plans of his ministry of urban affairs with focus on infrastructure and housing. Minister for Law and Justice and Ministry of Information Technology and Minister for IT Ravishankar Prasad known for his articulation described in detail the Digital India initiative that promises India to leap frog development.


Other two Union Ministers Nitin Gadkari and Rijju listed to participate did not make it but senior civil servants of their ministries made detailed presentations. Those on shipping and highways were rich with details on the impressive work done in the development of highways, ports and inland waterways and the focus on northeast.

 The continuous and steep drop in exports due to global slowdown is a matter for concern. Minister of commerce and industry Nirmala Sitharaman made a detailed presentation on the efforts made to focus on specific products and specific regions to expand exports. But like the AIADMK ministers she laboured hand on data, on micro issues like areca and copra, missing out onlarger issues affecting the Make in India effort.

 The programme included a visit to the IIT Madras Research Park. Dr Ashok Junjunwala made an evocative demonstration of a welcome breakthrough: a 125 kw solar power unit with several modifications done to use DC current,  to power homes at low cost and reducing dependence on grid power. This famous scientist has made invaluable contributions in the telecom and rural development spheres. The IIT-M Research Park that provides for close collaboration between scientists and researchers in industry and the academy and students of IIT-M, has already produced a number of innovative products and several applications with great promise has been ......

Author :
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