The government plans to introduce initiatives aimed at attracting more investments and entrepreneurs following recommendations from a recent investors' meeting organized by the State Tourism Department.

Minister Mohammad Riaz disclosed the formation of a coordinating committee comprising various departmental secretaries. This committee led by the Tourism Secretary will oversee the approval of proposed initiatives.

During the investors' meet, an investment offer of 15,116.65 crores was received. However, attendees expressed the belief that more investors would participate if certain changes were made to existing conditions. They emphasized the need for a conducive environment, measures to bolster investor confidence and the continuation of current industrial policies.

There was a consensus that policies should persist despite changes in government. Participants urged the government to counter false propaganda on social media regarding the employment sector.

The establishment of a Facilitation Center to implement proposals from the Investors Summit was highlighted as a positive step. Additionally, the coordinating committee led by the Tourism Secretary will address any obstacles encountered by projects.

Minister Riaz announced regular meetings and ministerial-level reviews to ensure progress.

SN Raghuchandran Nair, President of the Thiruvananthapuram Chamber of Commerce stressed the need for aspiring business owners to swiftly obtain necessary permissions. He advocated for a centralized system where all required documents could be obtained through a single application.