^^ - There is no doubt that the remittances from the diaspora prop up the local economy, but how much real investment has there been? Very little, if any. Buying a bunch of flats and villas and either leaving them vacant or renting them out has little positive impact on the wider economy.
Kerala is as investment friendly as any State, once you take the trouble to find out the details. We have the best law and order situation in the country, the best social infrastructure and the best human resources. Yet, how much inbound investment has there been into Kerala?
One of the primary reasons that States like Gujarat, AP, Maharastra, TN and WB get investments is due to their diaspora. The figures are very clear on this. It is not that Modi is the only one who conducts GIMs, it is that there is a clear and continuous interest to support from the expats.
No one expects NRKs to abandon their interests and flood the State with money. That is nonsense. But the bare minimum that can be done is to provide effective representation of Kerala abraod.
Amid the storm of "star nites" and "award functions", how many events to educate the world-wide investor community have been held? Let's ask ourselves, whether the last time someone asked us about whether to invest in Kerala, we replied with a confident "Yes" or with a tirade of how bad the Government is? If we don't market our State, who will....the Gujarathis?
Case in point. Despite getting nearly 300 Cm of rain a year, only a few areas of Trivandrum flood during torrential showers. Perhaps less than 1% of the city area, that too for a few hours at most. Most of Mumbai, Kolkata, Chennai and Patna flood annually in much smaller showers. Yet, our media raise such a hue and cry that one would think the whole city went under. Yes, the area in question includes the main transportation hubs but the situation has surely improved over the past 3 years. And I am sure that the situation will improve even more when the proposed flood control measures are completed.
We seem to have started comparing Trivandrum and Kerala with the standards set abroad. Let's not forget that this state is part of India and not an extension of the US of A or the Emirates. We should be rooted in developing world reality and not in developed world utopia when we comment about the progress that we see. As I always say, leaping forward for step changes usually lands us on our faces.
No offence meant to anyone, but I am sure all of us agree that it is easy to sit back and criticise, but it is tough to go out and make a change. Tough but very rewarding.