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A challenge for Election Commission

The two major Dravidian parties of Tamil Nadu have been vying with one another in offering a wide range of freebies that are budgeted to cost the exchequer Rs 94,100 crore during 2020-21 and this is expanding. 

With elections to the state assembly just a few months away, political parties of Tamil Nadu are stepping up their campaigns. AIADMK, spearheaded by Chief Minister E K Palaniswami, has been vigorously campaigning across the state. Principal opposition DMK, led by M K Stalin, has been active in reaching out to villages spread across the state.

A mega investment by Tatas in Tamil Nadu

There is interesting news on several mega investments going into Tamil Nadu. Tata Electronics to invest around Rs 5763 crore on facilities to make mobile phone components. This would be specially welcome for Tamil Nadu where Tatas have not made large investments in manufacturing. The one mega plan they had of

Fortune 500 list of companies 2020

The wheel of ‘Fortune’ Fortune magazine has been annually ranking 500 global corporations on various financial parameters. IE had pointed to the dominance of American companies for the greater part of the 20th century, occupying majority of the slots in the Top 10. The ascent of Japan towards the closing decades

Need for kisan Rail from Salem

The farmers’ agitation seems to have revived interest on the Kisan Rail as another incentive to farmers spread across the country. Prime Minister Narendra Modi flagged off the 100thKisan Rail from Sangola, Maharashtra to Shalimar, West Bengal through video conferencing. Delhi is connected with Anantapur (AP), Bengaluru (Karnataka) and Nagpur

Auto components are exchange gurglers

IE HAS BEEN pointing to the imperative for the manufacturing sector to aim at generating surpluses of exports over imports. After liberalisation of the economy, with focus on globalisation, manufacturers made liberal use of imports to expand production. In this process there was the absence of concern for developing indigenous

Chennai Mysuru High Speed Rail Line

A dream come true.. In 2007 IE organised a day-long seminar on Corridors of Excellence. Impressed with the rail freight corridors of the Delhi-Mumbai and Delhi-Kolkata, the IE seminar suggested a high speed rail corridor between Chennai and Bengaluru.  Recently the government has mooted a Chennai-Mysuru high speed rail line to be

Cairn’s arbitration Case

A Pranabda bequeath... Pranab Mukherjee, as finance minister in 2012, introduced a retrospective amendment to the Income Tax Act in the budget to overturn a Supreme Court ruling in favour of telecom firm Vodafone. Now comes news on the government losing its c case involving a cost of $ 1.4 billion, just

Power reforms – TN’s discomfiture

FOR DECADES Tamil Nadu government has been resisting beneficial reforms of the power sector. Reason:  Dravid- ian parties based  their  electoral strategies on competitive populism. Right from 1967 when the DMK won the state elections for the first time,  these  have  been  constantly expanding the welfare content with liberal distribution