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The Central Travancore region gained reputed achievements in the socio-economic and political front due to education, public work and social reforms under the British rule by the erstwhile princely State of Travancore. The educated people of the region started migrating not only to several cities of India but also to different parts of the world for better opportunities. The Central Travancore Non-Resident Keralites (NRK) brought considerable inward remittances to their country of origin. But, the socio-economic developments in this region could not seemingly gain much traction as expected. The demographic changes in the region like the aging population, zero population growth, and the Kerala diaspora community issues are not yet addressed effectively. However, the emerging socio-cultural and economic interest of the NRKs to invest in the region is gaining momentum due to what is termed as “nostalgia economy” effect, or the interest to invest in the projects of their country of origin. The establishment of the registered society, “Central Travancore Chamber of Commerce and Industry” coincides with this context and the need for the promotion of a decentralised and sustainable rural development scheme for this region.
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