Kerala Rising: From Exporting People to Exporting Ideas · Page 159 of 353

KERALA RISING · FROM EXPORTING PEOPLE TO EXPORTING IDEAS

KERALA RISING · FROM EXPORTING PEOPLE TO EXPORTING IDEAS
excellence challenges. Against a ₹45,000-crore
sector, a program that measurably raises corridor
experience can be comfortably self-funding on
operator and board revenue alone, and is a
candidate to subsidise quieter programs.
WORKED EXAMPLE: WHY TOURISM CAN CARRY THE
OTHERS
Tourism Excellence sits against a sector that earned
roughly ₹45,000 crore in a single year. It does not
need to capture much of that to be self-funding
several times over. Operators pay to participate and
to gain discovery placement; tourism boards
contract the corridor-score service; corporates
sponsor excellence challenges, and the audited
experience data is itself valuable.
Because the cost side is modest; seasonal
verification, anti-fraud checking, the shared stack,
the program’s revenue can exceed its cost by a wide
margin once corridors mature. That surplus is what
makes the portfolio work: under the institution’s
reinvestment policy, tourism’s margin can crosssubsidise the public-value programs and Volunteer
and Healthy, that earn little directly but produce
large public benefit. One strong earner, by design,
carries the programs that should exist regardless of
their revenue.
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