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Axing employment…

There is a welcome realisation on the part of the Central government on the bloated nature of employment in the government sector. In the first four decades after independence, the economy witnessed a massive increase in government employment. The impact was not felt much as the salary levels were low

DMK/AIADMK – nominate to Rajya Sabha

In our July issue, I suggested the ruling AIADMK should consider offering a safe Rajya Sabha seat to Minister of External Affairs, S Jaishankar. The DMK could offer such a seat to Dr. Manmohan Singh. Such concepts are readily accepted in several other states, but political parties in Tamil Nadu

TN will push up capex…

Tamil Nadu, the second largest state economy after Maharashtra, is predominately a service economy with 51.86 per cent contributed by the services sector, 36.24 per cent by secondary sector and 11.90 per cent by the primary sector. The state economy is resilient and is quick to recover after some years of

Contracting out jobs – welcome move by TN government

For long IE has been pointing to the unsustainability of the burgeoning outgo on the salaries and pensions, subsidies and grants and debt servicing costs incurred by the Tamil Nadu government. Combining these with the mounting losses of state-run corporations – power, transport… the state has to borrow for balancing

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