By 2012–13, in just a single year, area under rice cultivation had declined by 5.2%, and the production itself dropped by 10.2%. Question 7. Income Tax Department conducts searches in Kerala. The order for major repairs of three rigs viz Mobile Offshore Drilling Unit (MODU) Sagar Vijay, Mobile Offshore Drilling Unit (MODU) Sagar Bhushan and Jack Up Rig (JUR) Sagar Kiran was secured by CSL against very stiff international competition. Revenues from alcohol to the state's exchequer have registered a 100% rise over the past four years. The direct and indirect losses in gross state value addition (GSVA), based on an input-output model, is estimated to be 10% in 2019-20 and 20% in 2020-21. Then you can access your favorite statistics via the star in the header. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook 4,000 crore. Do you need to Income Tax Return Filing in Kerala, then Finance Bazaar is the best place for you, where you will get every services regarding startup business and registration. [5], This period with Dr Thomas Isaac as the finance minister saw fiscal deficit decreasing steadily accompanied with GDP increase. DCE Kerala Muslim Nadar Girls Scholarship (MNS) – The Directorate of Collegiate Education, Kerala conducts the Kerala Muslim Nadar Girls Scholarship with the aim to help the financially vulnerable students in their studies. [11] S. Irudaya Rajan describes the situation as "Remittances from global capitalism are carrying the whole Kerala economy". In fact the Kuttanad region of the district of Kerala is known as the 'rice bowl of the state' and enjoys a significant status in the production of rice. Register in seconds and access exclusive features. He began his speech with a reference to the ongoing protests against the Citizenship (Amendment) Act. Economic & Statistical Organization (Punjab). State any two goals of development other than income. states on the Human Development Index (HDI). Recently Cochin Shipyard won a major repair orders from ONGC. cities like Kozhikode (Land of Zamorins) and Alappuzha(called the "Venice of the East") are also popular destinations. Furthermore, growth of industries showed a record increase from 3.7% in 2018 to 11.2% in 2019 . [citation needed] The state government seeks to promote such activity via educational campaigns and the development of new cattle breeds such as Sunandini. [22], The government applies the highest state tax on liquor (around 247%). Economic & Statistical Organization (Punjab). Chart. Per capita GDP of Shanghai, China 2010-2019, Chinese cities with the highest GDP in 2019, Leading convention centers in Asia Pacific as of June 2017, by size. and over 1 Mio. Aluva is the largest industrial belt in Kerala. Subsistence and Commercial Activities. Administration. (b) Around 40 percent people in the country are undernourished because of inequitable distribution of income which leads to higher percentage of poor people who cannot afford nutritious food. [16] State's debt liability recorded an increase of 14.4 per cent and rose from ₹124,081 crore (US$20.33 billion) in 2013–14 to ₹141,947 crore (US$22.13 billion) in 2014–15. In 2009, Kerala was the 8th greatest debt burden in India. agriculture, tourism, exporting, and abroad malayalees, devaswam boardand small scale industry are income generating source of kerala. In 2011–12, it was at 42%. 60 billion.[36]. This is a chart of trend of gross state domestic product of Kerala at market prices estimated by Ministry of Statistics and Programme Implementation with figures in millions of Indian Rupees.Kerala had recorded a growth rate of 6.49 per cent in 2013, which was above the national average (4.04) and the second highest among South Indian States. terms of education, health and social security within low per capita are the main features of Kerala development experience. The government has taken several steps to utilise the investments of Non-Resident Investors for the state's development and to ensure a stable income for the returning expatriates. March 13, 2020. This yard can build and repair the largest vessels in India. Kerala has low IMR because :-(i) It has very high literacy rate and literate people take care of their children better as compared to illiterate. New, Figures and insights about the advertising and media world, Industry Outlook Note: One Indian rupee is equal to 0.013 U.S. dollars and 0.012 euros (as of May 2020) Are you interested in testing our corporate solutions? kerala is no.1 in india. Large numbers work in construction. Every year, liquor sales have been rising and the total sales of liquor and beer during 2010-11 fiscal year was expected to be about Rs. [6] Some[who?] Tourism contributes to nearly 10% of the state's GDP. Profit from additional features by authenticating your Admin account. You can only download this statistic as a Premium user. Published by Statista Research Department, Oct 16, 2020 The estimated per capita income across the southern state of Kerala in India stood at around 204 thousand Indian rupees … Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. Next to rice is Tapioca and is cultivated mainly in the drier regions. [5], Kerala's high GDP and productivity figures with higher development figures is often dubbed the "Kerala Phenomenon" or the "Kerala Model" of development by economists, political scientists, and sociologists. There are more than 247 industries viz. [33] There was a diversification of source and destinations among female migrants their migration isn't entirely Middle East oriented and they are predominantly hailing from Central Kerala compared to male migrants who are overwhelmingly from Malabar region and migrate to GCC. Kerala has achieved material conditions of living, reflected in indicators of social development comparable to those of developed countries, even though the state's per capita income is low. [23], Liquor sales stood at 201 lakh cases worth Rs. In fact coconut provides the principal source of income in Kerala- from coir industry to coconut shell artifacts. Definitions. Traffic in Kerala has been growing at a rate of 10–11% every year, resulting in high traffic and pressure on the roads. Kerala is the single largest originator of education loans for the country as a whole. The ideal entry-level account for individual users. Sabarimala is the main income source of the board, with Rs. According to their data, as opposed to 57.8% of national households declaring themselves as agricultural, 27.3% did so in Kerala. Around 3,000,000 Keralites are working abroad, mainly in Persian Gulf; to where migration started with the Gulf Boom. Shipyard commenced ship repair operations in the year 1982 and has undertaken repairs of all types of ships including upgradation of ships of oil exploration industry as well as periodical lay up repairs and life extension of ships of Navy, UTL, Coast Guard, Fisheries and Port Trust besides merchant ships of SCI & ONGC. Please create an employee account to be able to mark statistics as favorites. It is the largest state owned refinery in India with a production capacity of 15.5 million tons per annum. Do you agree? With a turnover of around US$2500 million, the refinery aims to strengthen its presence in refining and marketing of petroleum products and further grow into the energy and petrochemical sectors. this data is incorrect. The economy of Kerala is the ninth largest in India, with an annual gross state product (GSP) of ₹9.78 lakh crore (US$138.88 billion) in 2020–2021. The Income Tax Department has carried out search and seizure operations on 05.11.2020 in the case of a well-known self-styled evangelist of Thiruvalla in Kerala and his group of various trusts that enjoy exemption under the Income-tax Act, 1961 as charitable/religious trusts. The government enforces state monopoly over liquor sale in the state, after the state banned foreign liquor shops, through the government owned Kerala State Beverages Corporation (KSBC). (ii) Literate people also have high earning capacity so they can afford basic necessities for their children. In Kerala nutritional level is 78 percent in males and 81 percent in females while in Madhya Pradesh it is 57 percent in males and 58 percent in females. The Cochin Shipyard also builds ships for the Indian Navy. Tourists mostly visit the hill stations of Munnar, Nelliampathi, Wayanad and Ponmudi Beaches at Varkala, Kovalam, Cherai, Kozhikode Historical centers at Fort Kochi, Kappad and national parks and wildlife sanctuaries such as Periyar and Eravikulam National Park. This phenomenon arises mainly from Kerala's land reforms, social upliftment of entire communities initiated from the first democratic government of Kerala led by E. M. S. Namboodiripad and subsequently implemented by various governments ruled the state. 10,013 crore during the previous year. Kottayam district has extensive areas producing and processing rubber. [25] These women migrants were more educated and skilled and are earning more compared to unskilled migrants. (2020). This statistic is not included in your account. The main crops are paddy, coconut, pepper, cashew, cassava and plantation crops like rubber (introduced by the Dutch in Kerala) and a variety of Bananas. Of the $71 billion in remittances sent to India in 2012, Kerala still received the highest among the states: $11.3 billion, which is nearly 10%. With a coastline of nearly 590 km, Kerala has a major port at Kochi (with a cruise terminal) and 16 smaller ports along the coast. This diversification provided a cushioning from both increasing naturalisation of West Asian countries and tightened immigration laws of Western countries in 2010s this helped to sustain remittance inflow. [2] The service sector dominates the Kerala economy, accounting for 64% of the gross value added in the state in the 2018-2019 period. The Cochin Shipyard in Kochi is the biggest ship building facility in kerala.. Cochin Shipyard was incorporated in the year 1972 as a fully owned Government of India company. [7] Estimates of the 2013 Tendulkar Committee Report on poverty suggest that percentages of population below poverty line in rural and urban Kerala are 9.14% and 4.97%, Kerala, accounts for 2.8% of India's population, but its economy contributes nearly 4% to the Indian economy. [15] In 2013, the state's debt was estimated at 35.53 per cent of GSP. (March 13, 2020). This has fuelled internal migration to Kerala for low-end jobs, even as Keralites have emigrated—mostly to the Gulf countries—in search of better-paying jobs. One in four Kerala households has received some of its income … Question 2. Values have been rounded for clarity. By 2012-13 rice production was down to 5.08 lakh tons. New, Everything you need to know about the industry development, Find studies from all around the internet. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. Dec 26, 2020, 01:04 AM IST Feeding, milking, breeding, management, health care, and concomitant micro-enterprises all provide work for around 3.2 million of Kerala's 5.5 million households. You need a Single Account for unlimited access. Its GDP has been rising post 1991 at around 8% when national average was around 4%. Directly accessible data for 170 industries from 50 countries The following companies headquartered in or primarily operating from Kerala are listed on the Bombay Stock Exchange: harvnb error: no target: CITEREFGovernment_of_Kerala2004 (, Kerala State Beverages Corporation (KSBC), "Gross State Domestic Product of Kerala",,, "Jobs Abroad Support 'Model' State in India", "Kerala's Gulf connection: Emigration, remittances and their macroeconomic impact 1972-2000", "Remittances and its impact on the Kerala Economy and Society", "Indian Economy at a Glance [Infographic] - Quickonomics", "Kerala can bear rising debt burden: Mani", "Kerala has failed to meet fiscal deficit targets: CAG", "Kerala's growth rate falls below national average", 2015 agricultural output of Kerala based on 2011 prices, "Bevco pockets Rs. As a Premium user you get access to the detailed source references and background information about this statistic. But, when it is compared with many other states of India, Kerala is in very low position either in terms of per capita income or health facilities and pension payment. According to a study commissioned by the Kerala State Planning Board, the state should look for other reliable sources instead of relying on remittances to finance its expenditure.[34]. Hence, per capita income is not a useful criterion at all and should not be used to compare states. The income from the rest of the temples in Kerala was Rs. 1.6 million Keralites work overseas out of a population of 32 million. India's largest floating solar power plant set up on the Banasura Sagar reservoir in Wayanad, Kerala. In terms of NSDP per capita (INR at … Kerala produces 97% of national output of pepper and accounts for 85% of the area under natural rubber in the country. Total road length in Kerala increased by 5% between 2003 and 2004. The annual remittance received by the state in 2017 was estimated as ₹900 billion (US$13 billion), which constituted 35% of the state's total income in the year. Sabarimala temple income drops from over Rs 156 crore in 2019 to just over Rs 9 crore in 2020 due to COVID-19 restrictions. In 2018–19, the turnover from the sale of liquor in Kerala stood at over Rs 14,500 crore and the revenue earned by way of tax was in excess of Rs 12,400 crore.[26]. Economic & Statistical Organization (Punjab). The women migrants are mainly trained in Nursing. (i) Unskilled: An unskilled employee is one who does operations that involve the performance of simple duties, which require the experience of little of no independent judgment or previous experience although familiarity with the occupational environment is necessary. Examples of Keralite architecture, such as the Padmanabhapuram Palace, Malik Deenar Mosque Kasaragod, Paradesi Synagogue are also visited. It dropped further by 2.3% points the next year. For March, the shortfall in GVA could have been roughly Rs 29,000 crore. As soon as this statistic is updated, you will immediately be notified via e-mail. [2] Per-capita GSP of Kerala during the same period is ₹205,484 (US$2,917.97), the sixth largest in India. The important spices are cardamom, cinnamon, clove, turmeric, nutmeg and vanilla. Accessed January 10, 2021. Fertilisers and Chemicals Travancore (FACT), Travancore Cochin Chemicals, Indian Rare Earths Limited, Hindustan Insecticides Limited and many others manufacturing a range of products like chemical and petrochemical products, pesticides, rare-earth elements, rubber processing chemicals, fertilizers, zinc/chromium compounds and leather products. As a Premium user you get access to background information and details about the release of this statistic. Kerala has 145,704 km of roads (4.2% of India's total). Related animal husbandry is also important, and is touted by proponents as a means of alleviating rural poverty and unemployment among women, the marginalised, and the landless. Tapioca is a major food of the Keralites. A key agricultural staple is rice, with some six hundred varieties grown in Kerala's extensive paddy fields. The Kochi Metro is planning 78 solar-electric ferry boats for the city, which will be the largest integrated water transport system in the world. The Kerala Economy is therefore largely dependent on trade in services and resulted remittances. 1. hdi kerala no.1 2..electrification kerala no.1 ratio kerala no.1 4..religious harmony ( hindhus 50%, muslims 30 % christians 20%) kerala no.1 5..less crime rate kerala no.1 6. multi dimensional poverty index kerala no.1 7. women safety kerala no.1 8. health care kerala no.1 Why is per capita income calculated in the US dollars? Answer: No, I do not agree with the statement that per capita income is not a useful criterion at all. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Girl students who are studying in HSC, VHSC, Government, Aided Arts and Science College in the first year of their graduation can apply for the scholarship scheme. India News: NEW DELHI: With the BJP making some gains in the local body elections in Kerala, party president J P Nadda on Thursday thanked the state's voters and . [35] Formerly known as Cochin Refineries Limited and later renamed as Kochi Refineries Limited, it was acquired by Bharat Petroleum Corporation Limited in the year 2006. The state's growth rate was above that of Karnataka (5.79 per cent) and Andhra Pradesh (5.97 per cent). Other cash crops that constitute the agricultural sector include tea, coffee cashew, pulses, areca nut, ginger and coconut. describe Kerala's economy as a "democratic socialist welfare state". According to the State Planning Board (2011) data, the state is producing only about 12% of its total requirement for rice. [12] Underemployment, low employability of youths, and a 13.5% female participation rate are chronic issues. This is the main website, through which you will be able to pay Kerala property tax online. Apart from rubber, other plantation crop likes plantains or bananas are also grown in plenty. Kerala Local Body Polls 2020: In the end, the LDF not only managed to retain most of its seats in gram panchayats, it also managed to wrest many more seats in … Today Kochi Refinery is a frontline entity as the unit of the Fortune 500 company, BPCL. You need at least a Single Account to use this feature. [citation needed] Some, such as Financial Express, use the term "Money Order Economy". A key agricultural staple is rice, with some six hundred varieties grown in Kerala's extensive paddy fields. 1 Mark Questions Question 1. This liability as a percentage of GSDP was 31.4 per cent, which is higher than the target of 29.8 per cent fixed in the Kerala Fiscal Responsibility Act. Please contact us to get started with full access to dossiers, forecasts, studies and international data. The Kochi Refinery is a public crude oil refinery in the city of Kochi. In fact coconut provides the principal source of income in Kerala- from coir industry to coconut shell artifacts; coconuts bring most of the economic gains to … [30], The foreign remittances in 2014 were estimated to be ₹711 billion (US$10 billion), which dropped to ₹633 billion (US$8.9 billion) in 2016. 57 crore. [13][14] The 'Report on Fifth Annual Employment - Unemployment Survey for 2015-16' prepared by the labour bureau of the Union ministry of labour and employment indicates that Tripura had the highest unemployment rate of 19.7% in India, followed by Sikkim (18.1%) and Kerala (12.5%).In Nov 5 2020 the unemployment rate decreased from (12.5) to (5.8).The lowest unemployment rate in Kerala in history. There are eight designated national highways in the state. "Per capita income across Kerala in India from financial year 2012 to 2017, with estimates until 2019 (in 1,000 Indian rupees)." 67 billion. One of the main reasons for the high per capita income in the state is the remittances sent by these expatriates. Learn more about how Statista can support your business. The tax growth rate, which was 23.24% in 2010–11, fell to 10.68% in 2015–16.[18]. The per-capita net national income of India rised to Rs 1,35,050/annum in 2019-20. Kerala ranks second nationwide in diesel-based thermal electricity generation with national market share of over 21%. You only have access to basic statistics. Migrants' families are three times as likely as those of nonmigrants to live in superior housing, and about twice as likely to have telephones, refrigerators, and cars. Kerala govt report estimates a loss of about Rs 80,000 crore in GVA to the Kerala economy in Q1 (Apr-Jun) of 2020. As you know Kerala is one of the most popular State of Kerala state, where you can easily grow your business. The road density in Kerala is nearly four times the national average, and is a reflection of Kerala's unique settlement patterns. Related animal husbandryis also important, and is touted by proponents as a means … A paid subscription is required for full access. If you want to get an assessment of your tax done then you can do that too; if you are interested in making the payment, then that can be done too. National Sample Survey Organization (NSSO) conducted a Situation Assessment Survey in 2013. The Cochin International Airport the first airport in India that runs entirely on solar power, is in Kerala. Given below is a table of 2015 national output share of select agricultural crops and allied segments in Kerala based on 2011 prices[21]. Kerala is an established tourist destination for both Indians and non-Indians alike. For example, FY 2019 started in April 2018 and ended in March 2019. Please authenticate by going to "My account" → "Administration". The Company entered the petrochemical sector with benzene and toluene in 1989. Nevertheless, home gardens comprise a significant portion of the agricultural sector.
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