KOCHI: Urging aspiring entrepreneurs to transform Kerala into a vibrant and 'job creating' state, IT and Industries Minister P K Kunahlikutty said it does not need revenue from liquor sales, but from entrepreneurship.

"We do not need revenue from liquor. The state needs to make revenue from entrepreneurship," he said in his keynote address at the Young Entrepreneurs Summit (YES) at Angamally.

With the government deciding to close down liquor bars below five star category, a huge revenue loss is staring the state. The matter is to come up before the state High Court on September 18.

Kunahlikutty said the state government is throwing its full weight behind the young and aspiring entrepreneurs to build a vibrant and 'job creating' Kerala to turn the state from the land of job seekers to a land of job creators.

The summit has been organised by the state industries department government in association with the Kerala State Industries Development Corporation.

Kunhalikutty said the decision to bank on youth to build a Resurgent Kerala was the culmination of the search for viable model to industrialise Kerala.

He added: "In the past, we have tried different modules like Global Investors Meet (GIM) and Emerging Kerala. But these efforts did not end in any tangible gains.

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