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Strategies & Market Trends : India Coffee House

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To: Nandu who wrote (2694)9/9/1998 9:15:00 AM
From: Mohan Marette  Read Replies (2) of 12475
 
Anil: Thanks for your take on the Kerala government.Of course there is nothing wrong with demanding one's fair share from the center but the problem with successive Kerala governments over the years have been:-

Relying almost exclusively on NRIs and the Center for its revenue which has created hardly any economic growth in the state for several years. The government whether it is led by Congress or the Commies and the planning people-the bureaucrats-have thus far shown no capability to make the state viable economic enterprise.The result is high unemployment rate,the state has hardly any industry,argicultural out have decreased,the government is virtually bankrupt [ie spends more money than it takes in],there has not been any addition of even a single kilowatt of power in the last 10 or 15 years,the enormous amount of funds deposited in the Kerala banks by NRIs is hardly used within the states-it goes directly to other investor friendly states. I can go on but you get the idea.

Having said that I must I admit the various governments have done a lot [particularly the Commie led left front] in the areas of basic education and health care and that is no small achievement,now only if they could do something for the economic development of the state it would have been nice.
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