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

Strong leaders of regional political parties like J Jayalalithaa and Karunanidhi could defy attempts by the Centre to bring about significant policy changes. With the over-emphasis on welfare measures that result in the proliferation of freebies and massive subsidies, Tamil Nadu’s finances were in bad shape. Remember the state, refusing to reform the power sector? The state delayed the formation of the State Electricity Regulatory Commission, resisted separation of generation and distribution through separate companies (neighbouring Andhra Pradesh did this to great benefit)... The finances of the electricity board were in a mess with regular losses and mounting debts. Jayalalithaa as Chief Minister routinely resisted several proposals of the Centre to the detriment of the state’s economy. She was also unmindful of the harm done to the state’s economy by such an attitude. 

A weak Centre under the UPA, dependent on the support of several regional parties, was unable to prevail over such strong local leaders. Such an attitude has also been giving rise to agitations by special interest groups. We witnessed these in recent times in the opposition to the hydrocarbon project in Vadivasal, the constant agitations by lawyers, farmers and more recently, by government doctors and transport workers. One can witness the impact of a strong Central government with a single party commanding majority in the Lok Sabha. The Modi government has been able to stand firm and not yield to demands considered unfair. One hopes pressure groups would realise the futility of protesting issues that had received extensive support on the national plane. The state leadership should also weigh the overall benefits to society not influenced by demands of sectoral interests. 

The traders’ lobby has gained considerable support and clout in recent years. On 5 May of every year, traders’ associations across the state observe the traders day and show their solidarity by closing all shops! The association presents a list of demands seeking special favours. 

The services sector that includes such trading is estimated to account for over 60 per cent of the GDP, but it has been accounting for less than 10 per cent of total tax revenues. Despite substantial growth traders have been successfully resisting attempts to bring their operation under the tax net. 25 years ago Dr. Manmohan Singh, as finance minister, proposed a simple presumptive tax ,of just Rs. 1400 pa, with no questions asked on books kept. The trader lobby successfully resisted and forced the government to withdraw this tax. State governments also lack efforts in bringing this huge section, quite a portion of this prosperous, under the tax net. 

The GST system, one hopes, would address this issue. This single factor can increase tax revenues substantially. This is yet another area for the Centre to focus. 


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