Tamil Nadu is the 2nd largest economy in India and located on the south-eastern coast of India, is a well-known and diversified industrial state of India. The state is a significant contributor to the Indian economy, has excellent infrastructure facilities backed by strong administrative base. The state has consistently maintained sound Law and Order apparatus so indispensable for development.
Covid19 Pandemic has unsettled life in all the countries with continuous lockdown and world economy has been rattled reminiscent of the 1933 year of depression and the sub prime crisis in US. Counties are working out strategies to combat the virus while research on vaccine is at a hectic pace. Though post lockdown how world will cope with the crisis is only a conjecture there is need for drawing a road map for development taking note of fresh opportunities in the likely hood of displacement of industries from china to safer and financially viable venues.
Tamil Nadu with its disciplined and knowledge able labour potential, conducive business environment Peace and tranquility, proactive governance and favourable eco system has always been most sought after investment destination.
Tamilnadu Government has already formed a cell to pro actively identify industries and power houses to woo them to locate businesses in Tamilnadu. Government has also formed a high power committee under former Governor RBI Mr Rangarajan to advise the Government on economic measures post covid19.
Tamil Nadu at a Glance
Overview of Key Sectors
COVID 19 – TAMIL NADU
Tamil Nadu has worked out a multi pronged strategy to manage the pandemic.While initial strict lockdown restricting movement of people gave much needed time to harness medical resources , Government at
the same time sanctioned relief package to people with cost free ration in April , May and also cash dole of Rs1000 to all Ration card holders through
PDS. Different sagments of self employed like barbers were given compensation including the priests in temples.Tamilnadu established a record for testing maximum samples for covid with a very strategic approach coupled with effective quarantine of patients tested positive and a strict surveillance thereby safeguarding community health. Health workers were employed to check door to door to identify people with covid symptoms. Massive awareness campaigns were held through media to sensitise people on maintaining physical distance, hand washing and wearing face mask. Well coordinated efforts were taken to maximise testing facilities , arranging isolation premises for quaranting patients. Dynamic sharing of information and a holistic symptomatic treatment combining sidha homeo and allopathi has helped in saving precious lives.
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Tamil Nadu has a record of testing 466,550 samples as on 29th May highest in the country. The testing facilities in Tamil Nadu were the highest in India at 71including 43 in government and 28 in private sectors.
COVID 19 Impacts on Economy
Small and Medium scale Industrial units in Chennai, Coimbatore, Erode, Tirupur, Salem, Madurai, Thoothukudi etc.,had to suspend operations. Public transport, malls, theatres and non- essential shops have been closed and vast amount of economic activity on a daily basis where people spend money have come to a standstill. The popular Koyambedu and Thiruvanmiyur market has been closed and has affected many traders and vendors who rely on daily and weekly wages. The lock down is being strategically reviewed for selective relaxation in specific sectors.
Shortage of labour for harvesting, grading, loading and restriction on truck movements have affected the agriculture sector. After the government suspended visas for foreign nationals till June hospitality industry and allied service sectors have been hit.
In this scenario post lockdown a statesman like action is required to give fillip to the economy. Any effort taken has to factor possible impact of the virus as individual safety takes precedence over everything else. Union Government has announced a slew of measures divided into five major tranches, an ambitious investment of twenty lakh crores about ten percent of GDP.MSME sector which offers maximum employment potential has been given the much needed credit facility with deferred loan repayment. The success of the announced schemes is dependent on how well they are implemented on the ground. The last mile connectivity is always a challenge.
Secured Governance, a techno economic systems approach for a holistic development offers a range of initiatives covering various sectors through public private partnership with real time transfer of benefits to the community.
Development in Backward Areas
The Tamil Nadu state has approximately 8,228.74 sq. km of degraded wasteland that used for setting – up of various HUBs, Mini and Nano HUBs. It will relieve stress in purchase of agriculture land and pressure on existing urban areas too.
Self – Sustained Economic growth through Secured Governance for Tamil Nadu
“Secured Governance offers a strategy for the government to get all the basic infrastructure development with a negligible investment by the Government.
This is not new. We all know when development takes place there is valuation in property. Imagine a model where this valuation can be ploughed back into the project and also benefit the people around. First the cost of the project is reduced, and can actually be at negligible cost to the government if carefully planned.
“The Blue Economy is envisaged as the integration of Water based Economy included Inland Water Body & Ocean Economy development with the principles of social inclusion, environmental sustainability and innovative, dynamic business models”. Islands are expected to gain more from the blue economy orientation through smart city development in big fishing conglomerate, mini HUBs in small and Nano HUBs in tiny conglomeration.
Tamil Nadu has a coastal length of 1,076 km (13% of the country’s coast line) with 15 ports, 1.9 lakh sq.km of EEZ (9.4% of the India’s EEZ) and a continental shelf of about 41,412 sq.km and is one of the leading States in marine fish production. Moreover it has water network in the form of rivers, canals, backwaters and creeks. Various commercial activities and recreation points have been added along the riverfront making it a vibrant public & cultural place. The recreation, activity & commercial areas will also help generate revenue and huge employment opportunity. Recent economic package announced by Union Government has significant investment in Marine sector to benefit of fishing community.
Supporting Sectors of Secured Governance HUBs
How best to fight the Economic Impact of the COVID 19 Pandemic?
We know that nations need a healthy population to prosper. A research study has revealed that the lack of adequate healthcare infrastructure is a prime factor denying access to patient healthcare. Secured Governance strategy is designed to minimise the gap of Healthcare infrastructure and to promote private participation in infrastructure development.
Various Secured Governance HUBs
Mini HUBs: Around 1,000 Mini HUBs can be developed adjacent to Major Roadways. Every 15 kilometer one mini HUB such as amusement park, Yoga centre, Mini food court, recreation centres children’s water park etc. Local government will get additional revenue through this various mini HUBs to meet extra budget burden of expenditure.
Nano HUBs in villages of Tamil Nadu:There are over 17000 revenue villages in Tamil Nadu and we could plan to Establish around 16,564 Nano HUBs in the villages of Tamil Nadu in an effort to generate employment opportunity and minimize the rural urban migration. The core functions of the HUB such as skill up training programmes, food processing practices would minimise post-harvest losses and negative impact of market forces. Detailed investment and employment opportunity is given below:
EXPECTED INVESTMENT AND OUTPUTS THROUGH HUBS, MINI HUBS & NANO HUBS OF TAMIL NADU
The imperative of rapid scaling up of the infrastructure capacity within the tight time frames are needed for integration of Tamil Nadu economy. Substantial Private sectorinvestments during 2021-25 will alone generate employment opportunity in the state. And at the same time private investment could generate additional revenue to minimise budget deficit of the state government and to reduce the debt load.
We need a system to integrate economic interdependence in today’s modern societies which not only decreases uncertainty regarding where risks begin and end, but also help in judicious planning and development of new empowered, transparent and interdependent Governance systems with higher degree of society participation in nation building Process.
Secured Governance is a novel concept which equips to create adequate and coordinated measures to ensure the provision of financial, human, technical, information for sustainable economic growth of the State and the Nation.
By R. Nataraj I.P.S.
Director General of Police (R), Former Chairman, Tamil Nadu Police Service Commission
By Dr P. Sekhar
Chairman of Global Smart Cities Panel & MTGF