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

Addressing the governing council of NITI Aayog attended by state chief ministers, Prime Minister Narendra Modi welcomed the suggestion of NITI Aayog to change the financial year from the present April-March to January-December. The reason is to synchronise it with the agriculture season. 

I find this reason somewhat flawed. For a large country like India with different monsoon patterns, agriculture seasons are not uniform. For the major crop of rice with large varieties related to water availability, the season extends round the year.  For wheat, essentially a winter crop in the north, the season spreads from November to April. For sugarcane it is October-September. Horticulture accounts for more than half of total value of agriculture production. For horticulture the season is different for different crops.

The second issue relates to the falling share of agriculture in the GDP. It is only 14 per cent and is still falling. For Tamil Nadu it is already low at 8 per cent. Over the years the industry and services sectors have switched largely to the present financial year of April to March. Look at the task for thousands of companies and businesses forced to switch to the new financial year.



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