State aims to become top shopping destination

The Kerala Government would invest money to make the southern state which has one of the fastest growing tourism industries of the world into a shopping destination in the next four to five years, according to Minister for Finance Dr Thomas Isaac.
The attempt is to couple tourism and shopping and to launch an annual shopping festival during the peak tourism season – October to January.
“As a small beginning, the shopping festival would be launched to coincide with the Deepavali, Christmas, Eid, New Year, and Sabarimala pilgrimage season,” the minister said. The Government would invest money for the shopping festival and will convert it into the lines of Dubai Shopping Festival in course of time.
“We have the potential and even (Indian) metros cannot beat us,” he added. Airport IT Park readying the sub-committee of the Cochin International Airport Limited (CIAL) is scheduled to meet on February 28 to authorise a reputed consultant for the proposed 6.4bn Information Technology Park.
The IT Park would be spread over an area of 35 acres with a built-up area of about 3.81mn sq. ft. It is expected to provide 15,000 jobs directly and indirectly.
The IT Park is one of the 35bn-rupee projects conceived by the airport company, which has 10,000 NRI investors from 30 countries, as part of commercially utilising the land at its disposal.
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  • Adarsh scam scares Kerala govt

    THIRUVANANTHAPURAM: Ricochets of Adarsh scam seem to have rocked the Kerala bureaucracy. The state revenue department has turned down a proposal by the Air Force Naval Housing Board (AFNHB), requesting land for coming up with a housing project for serving and retired Air Force and Navy personnel, citing that "it may lead to Adarsh-like scams".

    "The proposal may be turned down. The AFNHB is only a housing society which is registered under the Societies Registration Act 1860. When prime land is not available even for development purposes of the state, it need not be given for such purposes. An alternative site can be located but the government need not play the role of a middle-man for locating the land, as it may lead to Adarsh-like scams," said the revenue department's note, accessed by the STOI.

    With this, fate of the ambitious project by the defence welfare organization is almost sealed.

    "With the department concerned putting such an objection on record, that too expressing apprehension of another Adarsh-like scam, the housing project may not take off,'' a source said.

    Union minister of state for defence M M Pallam Raju had on May 31, 2007, written to the then chief minister V S Achuthanandan requesting to allot at least 10 acres of land at a suitable location for the AFNHB "to construct residential units, community facilities, sports complexes, etc., for retired Air Force and Navy personnel of your state''.

    Following this, the AFNHB put forward a proposal requesting the Kerala government to allot 10 acres from the 135 acres of land near Muttathara, close to the airport. Air Vice-Marshal K P Nair on June 14, 2012, wrote to the government that AFNHB was willing to pay for the land at prevailing government rates.

    The Muttathara land, ever since the revenue department decided to develop it for housing projects, was eyed by many governmental and semi-governmental organizations given its prime location and proximity to the airport. Though the Kerala government has already given parts of the 135-acre plot to Indian Air Force, Border Security Force and Airports Authority of India, the babus developed cold feet in the case of AFNHB alone.








    Adarsh scam scares Kerala govt - The Times of India
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