{"id":9084,"date":"2024-06-14T14:11:36","date_gmt":"2024-06-14T14:11:36","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=9084"},"modified":"2024-06-14T14:11:36","modified_gmt":"2024-06-14T14:11:36","slug":"the-investor-friendly-kerala","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/the-investor-friendly-kerala\/","title":{"rendered":"The investor-friendly Kerala"},"content":{"rendered":"

For new industries minister P Rajeev, the job at hand is not easy. His aim is to take Kerala from the 28th spot in Ease-of-Doing-Business (EoDB-2019) index to within the top 10 in the country and it begins at a time when the ongoing Kitex debacle is making an impact in the minds of investors who already view Kerala as a graveyard of industries.<\/p>\n

Kerala government has implemented K-Swift (online single-window clearance mechanism) and all top officials across departments know this system. But, local-level officers in departments, including LSGD, should be equally wellversed in the new system. This can significantly improve EoDB in state, said chairman of CIIs Kerala State Council Sreenath Vishnu.<\/p>\n

He said the best way to create awareness among panchayat-level officers is to set up a rewarding system for each local self-government, based on the number of jobs created and the direct and indirect taxes generated by new companies there. This will result in a healthy competition between panchayats to help set up businesses in their area. he added.<\/p>\n

Considering the Geography<\/a>, Small and Medium Enterprises are more suitable here, Vishnu added. Kerala has great potential in electronic products (including electronic chip) and Food Processing<\/a>. Perhaps we got the best water quality in the country, making the state the best location for food industries, he said.<\/p>\n

We have an E-Commerce<\/a> platform. Improve it by transforming it into a fullfledged e-commerce portal, developed and maintained by one of the leading tech companies. Also, government should rate the products offered on the platform, he added.<\/p>\n

Setting up a hub that can easily transport products out of Kerala is an urgent necessity, Vishnu said. At present, logistics cost of bringing a truckload from Rajasthan is Rs 1 lakh, which is high because they dont get cargo while returning. So, we need a comprehensive logistics plan to take care of this. We should give focus to exports too once the container availability improves, logistics cost in shipping will also come down, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"

For new industries minister P Rajeev, the job at hand is not easy. His aim is to take Kerala from the 28th spot in Ease-of-Doing-Business (EoDB-2019) index to within the top 10 in the country and it begins at a time when the ongoing Kitex debacle is making an impact in the minds of investors … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1099],"tags":[803],"class_list":["post-9084","post","type-post","status-publish","format-standard","hentry","category-kerala","tag-13-07-21"],"yoast_head":"\nThe investor-friendly Kerala - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/the-investor-friendly-kerala\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The investor-friendly Kerala\" \/>\n<meta property=\"og:description\" content=\"For new industries minister P Rajeev, the job at hand is not easy. His aim is to take Kerala from the 28th spot in Ease-of-Doing-Business (EoDB-2019) index to within the top 10 in the country and it begins at a time when the ongoing Kitex debacle is making an impact in the minds of investors ... 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His aim is to take Kerala from the 28th spot in Ease-of-Doing-Business (EoDB-2019) index to within the top 10 in the country and it begins at a time when the ongoing Kitex debacle is making an impact in the minds of investors ... 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