The 'Money Order' Economy!

I have had better starts to a new year than this!! Just got back from warm and sunny Kerala to a wet and cold NYC and to add to my misery ...it sucks at work right now. But I aint bothering my accidental reader with all that. Let me think up something else to write about.

They call it ‘God's Own country’ …my little native state of Kerala, India. Its green, fertile, beautiful and was named as one of the "ten paradises of the world" and "50 places of a lifetime" by the National Geographic Traveler magazine. It’s also has one of the highest standards of living in India, highest literacy rates, high life expectancy, low infant mortality, highest per capita consumption of alcohol (YAY!!), etc etc. I can go on but honestly I got no right to brag considering how little time I have spent there (having grown up all over India). And besides it’s easier to look it up on wiki or something. That will give you the bad side as well coz I conveniently will forget to mention that bit :)

One of the more fascinating aspects of the state though is its economy. Well it’ essentially was an agricultural society and that should come as no surprise considering the amount of rain it gets (touchwood!) but it has now moved towards the Service sector. But as any Malu (short form for Malayali {native Keralites}…fondly {hopefully!} used in urban India) will tell you, as will countless articles on the web, one of the significant contributors to the Kerala economy is what they call the Non Resident Keralite (NRK) styled after the Non Resident Indian. He / she (very likely a she…and very likely a nurse!) sends a mind boggling amount of foreign remittance back home (Social scientists on the web call it the ‘Money Order’ economy) and build fancy houses that their old parents struggle to maintain (since maids are not as common a phenomenon as some other parts of India…I think it’s the prohibitive labour costs), buys land and of course gold. Nothing wrong with it. After all that’s the reason they went abroad in the first place. Financial security for themselves and their loved ones.

But I saw something quite remarkable this time I was back home. No our neighbors’ did not add a third floor to their 4000 square feet house!! A fine Indian American doctor by the name of Dr. Jose C Mantil sponsored a new state of the art school building for the village which I was told must have cost him over half a million dollars. Apparently Dr.Mantil’s father was the first principal of the school and he himself a student. Half a million dollars is a lot of money in any country and at any stage of your life. Even if there is an emotional attachment (like Dr. Mantil clearly has) rarely do Non Resident Keralites, Non Resident Indians or Non Resident Anywheres part with such large sums of money. I am not judging them but think about it. Dr.Mantil could have easily bought his kids a Cadillac each. Or done something else most of us would do. But he did not and that calls for a Thank you even though I never studied in the school and barely know anybody in the village except immediate family.

What was also interesting was that the school organized a Cultural parade around the village. Now it wasn’t exactly like the one in Rio or Macy’s but it was interesting to watch :) The school is run by some Catholic priests but the parade included traditional attire from all religions. I thought that was pretty cool. My mom woke me up from my afternoon nap and made me run half a mile just to make sure I get the event on camera :) I though it was good enough to post it in Youtube. I skipped the whole opening ceremony bit as soon as the local politicians started rambling but was told later that some old village football stars were also honored. Apparently football used to be pretty big in the village at one time. OK…that explains something!!!!

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Google induced after thought fact: Per the World Bank, India has retained its position as the highest recipient of global remittance flow at $52 billion in 2008. China, Mexico and Philippines are 2,3 and 4. Kerala accounts for almost a fifth of all NRI remittances.

God bless the Malu Nurse!!!