COVID-19 opens up a world of opportunity for Kerala
Does the COVID-19 promise any lasting paradigm shift in the Kerala economy? Yes, definitely for good! Kerala has always been the fountainhead of knowledge workers across India and the world. Professionals, engineers and non-engineers, are employed in all the new-age enterprises including IT, ITES, Fintech, e-commerce, mobility, auditing, education, design & media. They work outside Kerala and make a living there - marrying another Malayali and raising their kids there. Except for people working in Gulf countries who would spend a predominant portion of their earnings in Kerala, they spend only a small portion of their earnings back in Kerala. Most of the time, they don’t even return leaving behind their ancestral properties and parents. We call it the “brain drain”! This could change, we are now seeing more of them back in Kerala ‘working from home’. We thought they will go back once the COVID-19 eases. But that is still some time away. Amazon extended their “work from home” till J...