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