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Tribute – UCAL Selvan… China invests in India The Ports’ Pasha expands into Tamil Nadu to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. 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 Kudos to NDTV... Adharma of opposition politics Another Indian music maestro at the UN Polls and promises More tributes to GR Eternal support for capitalisation of PS banks Reliance’s TV – 18 ready to launch Tamil News Channel L&T: focus on infrastructure and more infrastructure… Why land prices zoom in TN? Intellectual of rare qualities No mega rail project for Tamil Nadu Streamlining mandatory third party cover TELANGANA at last…BUT Quality education through the PPP mode Welcome focus on core competence A welcome initiative by the judiciary Building loyalty through the stomach Robber barons everywhere Multi-faceted Venkat Welcome thrust on trade in Modi’s foreign visits... For whom the bell tolls? The rise and fall of Annamalai University Of course, Gujarat is vibrant WTO Meet: resolved to meet again For whom the MIDS bell tolls? Make standards certification mandatory... Mersal magnified Godspeed, Chief Minister JJ Scientists urged to take up farmer-oriented research London, London Narayan Tihar, Puzhal not different from Parappana Agrahara More Shakti to resource mobilisation... EEC at the National Media Centre The Swadeshi Trump Cement prices continue to rise… Land reclamation from sea appears cheaper! Muffled voices for merit… Solar thermal shines… Engineering seats go abegging West Bengal: mindless malignancy Delhi Chalo... Computation of GDP – conundrums continue PPP mode for upgrading Corporation Hospitals The Gulf aviation boom Silver Years of Madras Musings Return to king coal for urea... Fortune for Indian Airlines The why of tax incentives Russi Mody – a tribute TIAM turns a full cycle Revving up the manufacturing sector Focus on quality of power - its only around 170-180V When nations steal growth from one another… Discoms deserve better… Roaring Ro-Ro facility Gay abandon in pricing Bihar – Nitish Kumar adopts the Lalu model Sri Lanka votes for change Where a state respects its litterateurs… Increasing non co-operation of state leaders Music happens Secularism and anti-Hinduism Plummeting profits of PSBs Paytm karo... …and of a popular trade leader When small is no larger beautiful.. Build close rapport with business leaders Editor's Says ONGC at KG Basin Put expensive assets created to use... Telangana in top gear… Poor quality of university VCs Delhi is distant Convulsions in The Hindu Not just in-laws (and outlaws); they’ve renowned academics at the helm! No engine for this car Online not in line with brick and mortar businesses... Readers' Mail Permanent secretariat for TN GIM A proud Madrasi Contrarian cousins Banning booze... Haul over the coal He saved millions from starvation... Odisha: spectacular win by Naveen Patnaik Boy, can you beat these? Nuclear power at the nucleus Like Hinduism: many paths to reach God... Inflation: are we emulating Argentina and Brazil? More Shakthi to Das’ elbow Vibrant Gujarat CRS, a jewel among managers, is no more. How Air-India loses customs... This scant respect for Law Padma Bhushan for A Ramakrishna EVM is tamper-proof Cutting the nose to spite the face The nuclear option L&T- the specialty of special purpose vehicles Tough task taking states together Airlines in India: cost and space Adapt Vajpayee dinner diplomacy Editor's Notes Poor representation for Kerala and TN in Cabinet Measuring roof tops in terms of KW/MW GM Technology at last! The star of Spencers is no more Tax agriculture Medical costs hit the roof... New IT products of Ramco in the pipeline… Welcome changes that testify to Jayalalithaa’s return to health The Jan Dhan bonanza Diamond jubilee of Egmore Samskrt School Marketing expert Balagopal is no more A rich pool of talent not utilised…. Come elections, come advertisements... Insurance companies bleeding, yet no decision on increasing FDI limit! A Grand Finale for SN’s MS centenary at the US… Shanti and Sadhana through Music Lalu’s envy, India’s pride Whistle-Stop Tour of Raghuram Rajan MHC should not return to its old indisciplined ways Rs.1600 crore paper board plant of TNPL IPL - no surprise this scam Dr C Rangarajan returns to Chennai Fortune 500 review Parliament in paralysis... The ‘Jayanthi Tax.’ SoA @ 80 B H Kothari - a tribute Don’t seem to feel the pulse… Align crops to agro climate endowments… Recognition to role of NBFCs.... S Ramanathan – a versatile musician, musicologist Solar, solar everywhere … The power-full Hindujas Preserving for the future The ‘Ayyo-yes’ is no more Welcome GST Road development slows down There was flood of milk. Reason: no milk commissioner! CSR and CMI: promise of another Srinivasan Ramanujan... PC’s preference for professionals Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Shaming of Tamils by Tamil farmers at Delhi Naidu will soon build a new Hyderabad More heat than light Breaththrough in malaria control Mu Sigma – is no more Lesson from Chandrababu Naidu Gas is the way forward Funding the un-funded Kinetic Karnataka He continues the focus on social amelioration IPL type auction for VCs? A professional at the helm of IRDA... When online building permits work…. Tribute – M V Murugappan A yen for wastage… Should we change the official year? GNS - 100: our first subscriber Air Asia India will set new benchmarks for budget travel R Sridhar steps down as CEO of Shriram Capital Things happen by accident and not by design... Naidu’s return augurs well for Seemandhra The sea- saw battle continues... IAS invades NDDB... Towards speedy justice Alexa – Talking Wikipedia Tatas moving out of urea production... Maximising the micro pricing … An inexplicable neglect Quality silica from Neyveli Colour-Chem’s colourful KRVS Bihar elections - the Rajaji formula worked A C Muthiah – his munificent bequeaths to science Remembering Indira Sivasailam... A more liberated TN… TN – agglomerate land holdings without alienating ownership Rahman at CIC Which side are you, Montek? Shipping woes of Chennai companies Fuel for thought Kulandai was a giant Where is Rajaji? Protest masters... TGS- The king storyteller Auto components surge… Sweet news for TN sugar mills Why this malaise in medical education? Five star activism stalls development activity A think tank for Chennai TN-leverage strength of BHEL, NLC... Modi and the lady F C Kohli - his concerns all embracing When the President was rendered homeless… Sweeter prospects for sugar The brown list of Venkitaramanan Shale gas and its shallow future A Grand Finale for SN’s MS centenary at the US… S V Raju – a ‘good’ true liberal Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Small units prefers to remain small... Wanted: a second airport for Chennai Delhi returns to BJP CIPET hqrs to stay at Guindy – for the present? No Maha Koottani in TN... An informal presentation - analytical, forward locking... Moily’s bold thrust When TN politicians can emulate Kerala's Delhi is distant… Noble nonagenarians... Revive development banks... Strengthen the base... Fall in crude prices help in oil sector reform Excel Generators provide the vital back-up Valli, they are more marginalised An enemy’s enemy is a friend All eyes on Sankara Nethralaya The rise and rise of KCP When Ratan Tata visited SRM CII projects higher growth… Modi storms Silicon Valley Liberal imports idling indigenous capacities A glass full of corruption A friendly business group Tribute – Manikam Ramaswami TN accounts for the largest recruits by the IT sector Tatas moving out of urea production... Demise of a media baron... Making ‘my Amaravati’... Infrastructure funding – lessons learnt Waning interest in public discussions… Pharma – overdose of copying Tribute The balancing act Limit foreign borrowings to hi-tech, export potential projects... Cleaning Ganga – relocate tanneries and install electric crematoria Wise Presidents The few handicaps...
 
Put expensive assets created to use...
TAMIL NADU has the reputation of attracting investments in large industrial and infrastructure projects. This was the result of the strong base laid in the 1950s and 1960s by the leadership provided by K.Kamaraj, R Venkataraman and C Subramaniam. The advantage of good infrastructure and the focus on power were big help. Disappointingly, the over-emphasis of the Dravidian parties on the distribution rather than creation of wealth, has dented the reputation of the state. Tamil Nadu has been neglecting power development for two decades and presently is in the midst of a severe power crisis. Post 2000, the IT sector received a big boost. Presently, this appears to have suffered a slowdown. High cost of real estate, compounded by recent huge hike in property tax proposed by the Corporation, are dimming the prospects.

Times of India recently featured several large buildings like the new Secretariat building and the new Rajiv Gandhi General Hospital complex built at a cost of a couple of thousand crores of rupees, kept idle.

The state has several other such issues like the NHAI elevated road project being built along the Cooum River getting stalled. There have been humongous losses suffered on stalling these projects of great value to the metro.

The average citizen is already reeling under the weight of inflation. Items of daily consumption including food, fruits and vegetables, house rent, transportation, power, have all been registering frequent and steep increases. Should the government be insensitive to the burden caused by time overruns, delays and idling of expensive facilities? There is urgent need for a much higher degree of cost economics on the part of policymakers.

Why can’t leverage the strengths of Central projects?

THE STATE has not been supportive of large Central-sector projects that have been making huge contributions to employment and state revenues. BHEL, Neyveli Lignite Corporation and Chennai Petroleum Corporation provide large employment and handsome revenues to the state. In fact, for nearly five decades, Neyveli has been providing cheap power in large volumes. NLC has handsome resources and is financially strong. Its proposal for expansion at Jayamkondam with an investment of over Rs 18,000 crore has been hanging fire for two decades. Coal Minister Sriprakash Jaiswal is busy with a Rs 20,000 crore (4000 MW) thermal plant in his constituency Kanpur in UP, with NLC pumping in Rs 6000 crore. Andhra Pradesh and Karnataka have been effectively leveraging the large presence of BHEL in their states to set up joint venture power projects. Unfortunately, such a JV between BHEL and TANGEDCO for setting up a 1600 MW power project at Udangudi was dropped.
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