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

A R Venkatachalapathy, officiating Director of Madras Institute of Development Studies (MIDS), asked me if I was happy over presenting economist M Govinda Rao to deliver the founder’s day lecture on public finance in India. Indeed I was and I complimented him.

I have had the pleasure of a close association with MIDS ever since it was set up by Dr Malcolm Adiseshiah (MSA). I have my great admiration for MSA, one of the tallest Tamilians who served with distinction as the Deputy Director General, UNESCO, Vice Chancellor-Madras University and a Member of Rajya Sabha. He bequeathed handsomely his family property for setting up the MIDS.

I spent over a month collecting glimpses of his six

decades of evolution from his student days at Loyola College for a four-hour archives programme for All India Radio.

After my article on the decline of agriculture in Tamil Nadu in 1988, he invited me for a presentation on the subject and presided over it. The stalwarts of MIDS – S Guhan, C T Kurien and A Vaidyanathan, among others, were present when I pointed to Tamil Nadu dropping from the sixth position as a food producing state to the 12th in the two decades after the break of the Green Revolution. A major reason was the focus on water-intensive crops like rice and sugarcane even when Tamil Nadu had disputes over water with her neighbouring states.

Sadly, over these 25 years there has not been much change. Leaders from C N Annadurai to Jayalalithaa, unlike their counterparts in food producing states like Punjab, Haryana or UP, had not been hands-on agriculturists and seem to have poor grasp of farm productivity issues.

In recent years MIDS has been focusing on social issues The awards presented have also been mostly for social scientists and not economists.

I feel there are many emerging economic issues of great concern like the decline of agriculture, the chaos in urban transportation, the power crisis, poor development of minor ports, etc. I feel these deserve more attention on the part of a development institute that would attract much wider public attention.

A recent meeting organised on ‘new horizons of town planning, sustainable cities and the good life’ presented by Eugen Egermann, Architect of Auroville and Dr Christoph Woiwode, Visiting Professor Indo-German Centre for Sustainability IIT-M, had an audience of just three to start with. For whom the MIDS bell tolls?


Author :
Reported On :
Sector :
Shoulder :
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
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236