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

Fifty years ago, in 1965-66 Sachindra Choudhry as Finance Minister opted for a steep devaluation of the rupee. The economy was then in dire straits with a severe drought causing a steep fall in food production. Indira Gandhi was struggling to find 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 and addressed by a dozen ministers 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 and also report on specific needs of regions far removed from Delhi. For instance, at the EEC in 1973, I pointed to the inadequacy of the mining capacity at the Neyveli Lignite Corporation that plunged NLC into continuous underperformance and losses. Mohan Kumaramangalam, the then minister of Steels & Mines, appreciated the query and assured quick redressal. The special sanction that followed for augmenting the mining machinery resulted in NLC emerging as a highly 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 government, Jaswant Singh as Finance Minister missed out one).

 The media of Lutyens’ Delhi has not been fair and kind to Narendra Modi and this 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 organised a two-day regional editors’ conference for the Southern States on 1 and 2 September. The Prime Minister has directed his cabinet colleagues to undertake the Tiranga Yatra to explain the highlights of the NDA -2 performance over the last two years. The I&B Minister, M Venkaiah Naidu inaugurated the conference in Chennai along with a photo exhibition to commemorate the country’s 70th independence day. He explained in detail the plans of his Ministry of Urban Affairs with a focus on infrastructure and housing. The Minister for Law and Justice and IT Ravishankar Prasad, known for his articulation, described in detail the Digital India initiative that promises India to leap-frog development.

Two other Union Ministers, Nitin Gadkari and Kiren Rijiju, who were 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 roads, ports and inland waterways and the focus on the northeast.  The continuous and steep drop in exports due to the global slowdown is a matter of concern. Minister for 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 on micro issues like areca and copra, missing out on larger 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 modified to use DC, which can be used to power homes at a low cost and with reduced 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 the industry and the academy and students of IIT-M, has already produced some innovative products and several applications with great promise.

 

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
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
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com