THIRUVANANTHAPURAM : The Kerala government invited industries and businesses to funnel their investments into Kerala, now that Covid-19 pandemic has proven the state as safest destination in the country. Chief Minister Pinarayi Vijayan unveiled a host of schemes to bolster commercial settings for prospective investors.
The Schemes :
ð The govt will introduce Star Rating for businesses based on their investment size and employment generated.
ð For applications to commence new venture, licenses, subject to conditions, shall be issued within a week of applying.
The proprietor may complete required procedures in an year’s time. Scope for correcting lapses too is provided.
ð Airport, rail, road and ports at Thiruvananthapuram, Ernakulam, Kozhikode and Kannur would be networked to expand basic facilities.
ð Logistic parks to be set up at several locations in view of enhanced imports-exports activities.
ð Capabilities of Azheekal port to be expanded for handling bulk cargo.
ð Value-added produce to be encouraged in the agricultural sector.
ð Land at Palakkad’s Food Park to be rented out to process agricultural yield into value-added products.
ð Coconut parks in Kerala’s northern regions.
ð An Advisory Council comprising investors, policy makers and lead industrial players will be set up to help make Kerala a thriving industrial hub.
There are a number of queries coming from around the globe on investment potential here, said CM. It could mean emergence of opportunities from the spell of crisis. And, the government will do all in its powers to tap the prospects, said CM.
