As the State Planning Board, in its recent announcement, rolls out a proposal with a three-fold increase in the 12th Five Year Plan outlay target, Kerala Tourism is set to receive enhanced monetary package.
(TRAVPR.COM) INDIA - September 16th, 2012 - As the State Planning Board, in its recent announcement, rolls out a proposal with a three-fold increase in the 12th Five Year Plan outlay target, Kerala Tourism is set to receive enhanced monetary package standing at Rs. 1.05 lakh crore revised from previous package involving Rs. 40,422 crore in wake of the 11th Plan taking into consideration the 2012-2017 session.
Finance Ministher K.M. Mani, one of the key members is confident to achieve this target soon. In addition, Planning Board mandarins stay confident with this decision. The major thrust of the involved plan will be especially laid on the agriculture and allied sectors. The opinion to arrest the slide in agricultural production in the state is clearly indicated in the decision especially taking into consideration the non-commercial crops.
As there has emerged a strong opinion to towards bringing more land under paddy cultivation, the plan is to raise productivity in leaps and bounds. However, amidst euphoria, there is a concern, which lingers and that is the absence of an effective road map to absorb such a huge amount. Almost six million foreign tourists remain on the charts that are set to descend onto various holiday destinations, as envisaged by the holiday policy makers in the Indian context. The current year is enthusiastic with companies gearing up for more cash and heavy earnings.
In fact, with such a huge plan that may involve international borrowing as well, the Planning Board is expected to publish the approach paper on its website so that their plan succeeds and remains sustainable. As per the current plan, it seems that Kerala Tourism will benefit from the current decision. As the current plan envisages the overall growth of the state, the positive effect is bound to percolate to the tourism sector as well. As Kerala is fast emerging on the world tourism map as one of the preferred destinations, the decision to invest massively will certainly help its foundations to consolidate.
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