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

Donald Trump won the US Presidential election 2016 on a major promise to protect jobs for the locals and to arrest unchecked migration. This has the potential to end decades of the US economy built on free market. While this did a lot of good for world trade, it resulted in the US losing out. 

While the continuous boom years post-1980s helped the US economy record multi-faceted growth, it also witnessed the US losing its pre-eminence in several sectors including agriculture. European countries followed by Japan and Korea, Mexico and several other Latin American countries, China and India in the recent two decades, have been thriving on this open market policy of the US. The economic giant, which encouraged migration, has been recording negative trade balances with an increasing number of countries and has been sustained on huge public debt. The saving grace has been its continued dominance in high technology areas thanks to its strong educational system, entrepreneurship, drive towards energy self-sufficiency and space technology. But all the while the US has been losing on its traditional strength of manufacturing. These did impact on jobs especially at the lower end.

Donald Trump focused on this factor to win the presidency. Even before he assumed power, he has given a rude shock to several countries across the globe by announcing several drastic measures like constructing a wall across Mexico, its southern neighbour and high import tariffs on automobiles and other imports.

Over the last couple of decades large super markets across the US have been stacked with imported goods, largely Chinese, of every description. China has built its economy on exports in large volumes especially to the US and surely it will also be on the firing line of Donald Trump. To be fair to Trump, one should point to several countries including highly developed ones like Japan and fast developing ones like China and India erecting huge walls against free imports. Therefore they cannot protest overmuch.

The evolution of the European Community through free economic union over the last seven decades has been the driving force in ending centuries of nationalism-based, cross border animosities. Today there is the danger of the world reverting to the pre World War II conflicts among nation states.

 



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