Kerala CM's Rs 2.4-trn investment carrot

Kerala chief minister Oommen Chandy on Tuesday strove to stave off the past anti-investment image of the state, where militant labour unions called every shot, by showing an olive branch to the captains of Corporate India and dangling a whopping Rs 2.4-trillion worth investment opportunities. "Labour problem and trade union militancy are matters of the past and there is no place for such issues in a highly competitive business environment. Anyway, trade unions have now become disciplined and cooperative," he said.