Top
Begin typing your search above and press return to search.
keyboard_arrow_down
Login
exit_to_app
Going beyond birthday celebration
access_time 18 Sep 2020 6:05 AM GMT
Periyar@142-Revolutionary and Visionary
access_time 17 Sep 2020 11:57 AM GMT
The word of caution from the highest court
access_time 17 Sep 2020 6:31 AM GMT
access_time 16 Sep 2020 5:58 AM GMT
access_time 15 Sep 2020 6:19 AM GMT
DEEP READAll arrow_drop_down
The ogres in the mind
access_time 8 Sep 2020 11:27 AM GMT
Why worry about populism?
access_time 4 Sep 2020 9:51 AM GMT
Media mind-set towards minorities
access_time 15 July 2020 4:29 PM GMT
exit_to_app
Homechevron_rightKeralachevron_rightGovt plans to attract...

Govt plans to attract investment, relaxes norms

text_fields
bookmark_border
Govt plans to attract investment, relaxes norms
cancel

Thiruvananthapuram: Kerala Chief Minister Pinarayi Vijayan on Monday said that it's time for the state to look forward and attract investments due to huge human resource potential as many state natives would return from abroad.

Vijayan said that his government had decided to relax registration and licensing norms to attract fresh business investments.

"All applications will be processed in a week's time and conditional licenses given. The investor will have a year's time to finish all other processes and the state will give time to rectify any lapses," said Vijayan.

Vijayan said to formulate a robust plan for attracting investments a special task force of experts will be set up.

"It has also been decided to classify all the proposals into gold, silver and bronze categories based on the investments and the total employment such units will generate," added the Chief Minister added.

"Kerala's human resource has by now proved to be better than the best anywhere in the world. We are certain that this is our biggest strength to attract fresh and new investments," said Vijayan.

He pointed out that cities like Thiruvananthapuram, Kochi, Kozhikode and Kannur have good airports, roads, railways and ports.

"In these cities, we plan to set up logistics parks, besides making value addition to the Kannur-based Azhikkal port. Another area with huge potential is to make value addition in the agricultural sector and hand over the land available at the Palakkad food park to industrialists to set up units. Coconut park is also a potential one," said Vijayan.

Show Full Article
TAGS:
Next Story