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

The Rashtriya Ispat Nigam Ltd (RINL) is among the prestigious steel producers of the country. It was set up with multi country collaboration with the Russians taking care of iron and steel making and the Americans supplying sophisticated rolling mills. Long products, extensively used by the construction industry, have been produced by RINL, which has capacity to produce 13,000 tonnes per day. Operations of this first port-based steel plant have been quite healthy: during 2013-14 with a turnover of Rs 13,527 crore  and a profit of Rs 366 crore.

IE has been reporting on RINL for 43 years – right from the time the then Prime Minister Indira Gandhi laid the foundation stone in January 1971. I have, therefore, been deeply disturbed by the extensive damage suffered by the plant through the visitation of the cyclone Hudhud. Chief Minister Naidu told Prime Minister Modi that the damage to the plant was Rs 700 crore.  He also reported that the furnaces, cut off power by grid failures, had the molten liquid iron and steel, solidified. This would require re-building the entire furnaces anew.

I wonder why the essential step of anticipating the risk and shutting down the furnace in a planned manner was not taken. After all the meteorology   department had predicted accurately the landfall point for the cyclone at Visakhapatnam city three days earlier. The country has 107 years of experience in steel making starting with the Tatas. SAIL itself has over five decades of experience. We have thousands of steel technologists serving in India and abroad. Two of the largest global steel producers, Arcelor Mittal and Tata Corus, are owned by Indian  business tycoons.

How can the country afford such a colossal neglect?

 

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