Private investment will be encouraged, says Kodiyeri

Home Minister Kodiyeri Balakrishnan

Home Minister Kodiyeri Balakrishnan  

Special Correspondent

’Government giving more importance to development’

KANNUR: Home and Tourism Minister Kodiyeri Balakrishnan has said that the Left Democratic Front (LDF) government is pursuing a policy that encourages private investment.

Inaugurating a two-day seminar on Malabar development which began here on Saturday under the aegis of the Patyam Gopalan Study and Research Centre, Mr. Balakrishnan said that even though Left front governments in the past had given emphasis on measures to offer relief and welfare for the people, the V.S. Achuthanandan government was giving equal importance to alternative development policies. The World Bank’s recent report citing Kerala as the second best investor-friendly State in the country reflected the change in the State, he said adding that Gujarat, often cited as a development-oriented State, was only the 10th among the investment-friendly States in the country as per the report.

Malabar development

Stating that the LDF government linked development with improvement in people’s living standards, the Minister said that development of the Malabar region had been taken up as an issue by the first State government led by E.M.S. Namboodiripad and the Left-led governments that followed. The recent launching of a Rs.700-crore NABARD-assisted special package to complete abandoned drinking water projects was a major initiative of the LDF government. He said Rs.480 crore of the package would be used for completing such projects in the Malabar region.

Mr. Balakrishnan called on local bodies and Kudumbasree units here to explore the possibility of schemes for producing milk, eggs and vegetables required by the Naval Academy at Ezhimala, which was going to give a facelift to the region.

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