What's Happening?
The restoration of Fort Kochi's iconic Chinese fishing nets has been delayed due to GST registration requirements. Despite a Rs 2.40-crore grant allocated for their refurbishment, the insistence on GST accounts
for the fishermen-owners has stalled progress. The delay was highlighted when a platform collapsed, injuring foreign tourists. The Kerala Industrial and Technology Consultancy Organisation (Kitco) is responsible for the repairs but requires GST compliance to release funds. The fishermen have formed a collective to secure GST accounts, yet funds remain inaccessible.
Why It's Important?
The delay in restoring Fort Kochi's Chinese nets due to GST requirements highlights the bureaucratic challenges faced by small-scale operators. This situation affects the livelihoods of local fishermen and impacts tourism, a vital economic sector for the region. The insistence on GST compliance for accessing government funds underscores the need for policy adjustments to accommodate small businesses. The restoration of these historic structures is crucial for preserving cultural heritage and supporting the local economy.
