Kerala Moots Investment Company for Non-Resident Keralites

  • On 10 July, Kerala government decided to set up the company-NRK Investment and Holding Company Ltd. for channellising investments from overseas Keralites for major infrastructure development in the state.
  • The Non-Resident Keralites (NRK) would hold 74% stake in the company and the state government will hold the remaining 26% stake.
  • The move aims to capitalise on the huge investments from overseas Keralites for various development initiatives across the ....
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