This Article is From Jan 09, 2014

Kerala's foreign remittance exceeds Rs 75,000 crore

Kerala's foreign remittance exceeds Rs 75,000 crore

File photo of Kerala chief minister Oommen Chandy

Thiruvananthapuram: Kerala Chief Minister Oommen Chandy today lauded the contribution of Non-resident Keralites (NRK) towards the state's development and said foreign remittances have exceeded Rs 75,000 crore.

Speaking at the Pravasi Bharatiya Diwas at New Delhi, Mr Chandy said NRK's not only fetch money but also share their ideas and inspire the state to think in a world class manner.

He said government has undertaken several policy measures and incentives to attract investors, as a result of which Kerala was becoming one of the most preferred investment destinations in the country.

"The Public Private Partnership route would offer attractive opportunities in Kerala for prospective investors and financiers'," he said.

"We are willing to adopt policy that helps investment in various sectors such as health, education, IT and infrastructure," he added.

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