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

Within a week of assuming charge as the Union Minister of Environment & Forests, Veerappa Moily has attempted to breathe some fresh air. He is reported to favour genetically modified (GM) food crops in the country, overturning the position of his predecessors.  As mentioned in our January issue, the Ministry has earned  a notoriety for its very many lapses. T R Baalu and A Raja, representatives of the DMK in the coalition, did not try to understand much of the complex issue. They merrily issued licences that turned out to be arbitrary and non-performing. Jairam Ramesh and his successor Jayanthi Natarajan, sat over the files; we have the sad spectacle of  projects involving thousands of crores of rupees making little progress. Narendra Modi even referred to a ‘Jayanthi tax.’

Moily, with his rich experience at the state and Central levels, has been known for his pragmatism. He has promised to clear the several projects relating to mining getting stuck on environmental issues. More welcome is his promise to have a relook at the GM crop issue.

    Moily’s term as the Minister of Law & Justice was marked by such a refreshing approach. He was concerned with the mounting arrears in the courts. Moily promised to work on judicial reforms and set a time limit of three years for disposal of a case. Unfortunately, his successor was more embroiled in politics and had to quit on not so honourable terms.

In his tenure as the Minister of Petroleum and Natural Gas, Moily again took bold to implement the recommendations of three important committees on pricing of petroleum products. The decision of the government to go for monthly increases in the price of diesel as also to link the pricing of petrol to the cost of crude and increase the price of commercial LPG despite not being popular, were compelling necessities. Moily also took bold to double the price of natural gas from $ 4.20 to $ 8.40 per thousand BTU from April  based on the Rangarajan committee’s recommendations. But it had been receiving expected opposition from other political parties including the Aam Aadmi Party. As has been pointed out by IE, regional parties like AIADMK routinely oppose reforms and corrections that fall squarely in the domain of Centre.  This makes it extremely difficult for weak coalition governments at the Centre to take decisions on the basis of fiscal prudence and economic compulsions.  

Unlike his predecessors in recent years, Moily brings with him decades of experience as a minister and administrator. His record as Chief Minister of Karnataka was sound and the seasoned politician also has a good grasp of the impact of policies on the masses. In the short tenure, he should persist with rational reforms that would correct the very many blunders of his predecessors.

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com