RBI governor Raghuram Rajan's panel report, that laid out new norms for determining development and backwardness among states, placed Kerala in the highest category of 'relatively developed' and, that too, ahead of states like Tamil Nadu, Maharashtra and Gujarat. But when it comes to investments Kerala is at the bottom of the ladder.......
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The observation “Experts point out that the industrial sector has been the driving force behind liberalized India's amazing growth story, and are worried at the potentially dangerous implications of low investment for Kerala's progress.” is intriguing. If India’s ‘amazing growth story’ can take care of the development parameters like literacy, healthcare, housing, overall poverty alleviation and general lifestyle of the majority of the population where Kerala has gone ahead of most of the Indian states, with the level of investment in Kerala, people may welcome that. There cannot be any uniform criteria for development in the present economic and political atmosphere in India. India is a country which has still 7,50,000 families working as manual scavengers and talking about AADHAAR for all.
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