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