In the last three decades the company has emerged as a forerunner in the Indian shipbuilding & Shiprepair industry. Kerala produces 97% of national output of pepper and accounts for 85% of the area under natural rubber in the country. Kerala ranks second nationwide in diesel-based thermal electricity generation with national market share of over 21%. 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. 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. Their remittances in banks are 1,69,944 crore. In 2015–16, Kerala was among the top five Indian states in terms of per capita state domestic product and among the top four in terms of growth in per capita income.1 Many other human development indicators for Kerala are at par with those of developed countries. Kerala is a major exporter of coir, spices, marine products, cashew, coffee and pickles. State any two goals of development other than income. 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. Two-thirds of the state's export income comes from food processing industry. Kerala Budget 2020: Kerala Finance Minister Thomas Isaac Friday presented the state’s budget for the year 2020-21 in the Legislative Assembly. 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]. It is the 500 kWp (kilowatt peak) solar plant of the Kerala state electricity board (KSEB) floats on 1.25 acres of water surface of the reservoir. Today Kochi Refinery is a frontline entity as the unit of the Fortune 500 company, BPCL. Beginning with a capacity of 50,000 barrels per day, today the Refinery has a refining capacity of 310,000 bbl/d. This yard can build and repair the largest vessels in India. Economy - Syrian Christian of Kerala South Asia. Kottayam district has extensive areas producing and processing rubber. 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. Kerala is also a preferred destination for night dwellers and the nightlife districts in Trivandrum, Kovalam, Kochi, Kozhikode and Varkala are the major centres. The Income Tax Department appeals to taxpayers NOT to respond to such e-mails and NOT to share information relating to their credit card, bank and other financial accounts. The Income Tax Department NEVER asks for your PIN numbers, passwords or similar access information for credit cards, banks or other financial accounts through e-mail.. Profit from additional features by authenticating your Admin account. Please create an employee account to be able to mark statistics as favorites. India's financial year begins in April and ends in March. It dropped further by 2.3% points the next year. Kerala govt report estimates a loss of about Rs 80,000 crore in GVA to the Kerala economy in Q1 (Apr-Jun) of 2020. [20] Nevertheless, home gardens comprise a significant portion of the agricultural sector. Kerala has 145,704 km of roads (4.2% of India's total). 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. 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. [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. 10,013 crore during the previous year. 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. According to the State Planning Board (2011) data, the state is producing only about 12% of its total requirement for rice. Register in seconds and access exclusive features. Question 7. The ideal entry-level account for individual users. Learn more about how Statista can support your business. 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). KOCHI: While Chief Minister's Addition Private Secretary CM Raveendran did not answer a dozen questions about his property, the Enforcement Directorate (ED) has intensified its effort to find the sources of income. 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. Kerala produces 97% of national output of pepper and accounts for 85% of the area under natural rubber in the country. For March, the shortfall in GVA could have been roughly Rs 29,000 crore. 11,577 crore during 2015–16, down from 220 lakh cases worth Rs. 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. Subsistence and Commercial Activities. [citation needed] Some, such as Financial Express, use the term "Money Order Economy". These achievements along with the factors responsible for such achievements have been considered characteristic results of the Kerala model. The Cochin Shipyard also builds ships for the Indian Navy. Values have been rounded for clarity. Then you can access your favorite statistics via the star in the header. About 600 varieties of rice are grown in the sprawling paddy fields of Kerala. 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 … Kerala Budget 2020: Finance Minister Thomas Isaac presents the Kerala budget in the state legislative Assembly on Friday. There is also more permanent nature of employment for female migrants compared to male migrants. [27] As of 2008, the Keralites in the Gulf countries send home a sum of USD 9.25 billion annually,[28] which is about 10% of Remittance to India. Do you agree? [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. "Per Capita Income across Kerala in India from Financial Year 2012 to 2017, with Estimates until 2019 (in 1,000 Indian Rupees). Upgrading and maintenance of 1,600 km of state highways and major district roads have been taken up under the Kerala State Transport Project (KSTP), which includes the GIS-based Road Information and Management Project (RIMS). Kerala is the single largest originator of education loans for the country as a whole. Along with tourism there is also a new trend of domestic pilgrimage tourism visible in Kerala in recent years during the annual Sabarimala pilgrimage season and round the year to temples such as Guruvayur Temple Thrissur, Padmanabhaswamy Temple Thiruvananthapuram etc. Tourism contributes to nearly 10% of the state's GDP. As a Premium user you get access to the detailed source references and background information about this statistic. Large numbers work in construction. [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. Agriculture remains the main occupation and nearly half of the population depends on agriculture, growing a variety of tropical vegetables, fruits, spices, and rice. describe Kerala's economy as a "democratic socialist welfare state". In fact coconut provides the principal source of income in Kerala- from coir industry to coconut shell artifacts. The women migrants are mainly trained in Nursing. ", Economic & Statistical Organization (Punjab), Per capita income across Kerala in India from financial year 2012 to 2017, with estimates until 2019 (in 1,000 Indian rupees) Statista, https://www.statista.com/statistics/1117485/india-per-capita-income-kerala/ (last visited January 10, 2021), Per capita income across Kerala in India from financial year 2012 to 2017, with estimates until 2019, Cost of living index in megacities APAC 2020, Leading container ports based on cargo capacity in Asia 2018, Most expensive cities for business travel APAC 2020 by daily cost, Monthly office rent per square meter APAC 2019 by city, Age distribution of the population in Shanghai, China 2019, Number of births and deaths in Shanghai, China 2011-2018, Life expectancy of registered population in Shanghai, China 1980-2018, Children and old-age dependency ratio in Shanghai, China 2015-2019, Number of foreigners with residence permit in Shanghai, China 2005-2018, GDP growth rate of Shanghai, China 2009-2019, Distribution of GDP across economic sectors in Shanghai, China 2008-2018, GDP growth in Shanghai, China 2008-2018, by sector, Value added to GDP of Shanghai, China 2010-2017, by industry, Inflation rate in Shanghai, China 2009-2019, Retail sales value in Shanghai, China 2008-2018, by type of goods, Transaction value at goods markets in Shanghai, China 2018, by type of product, Retail store sales value in Shanghai, China 2015-2018, by shop type, Total value of imports to Shanghai, China 2008-2018, Total value of exports from Shanghai, China 2008-2018, Import and export trade value in Shanghai free trade zone, China 2015-2018, FDI project number in Shanghai free trade zone, China 2015-2018, Number of employees in Shanghai, China 1990-2018, Number of employees in Shanghai, China 2018, by sector, Unemployment rate in Shanghai, China 1990-2018, Average annual wage of full-time employees in Shanghai, China 1990-2017, Average annual wage of full-time employees in Shanghai, China 2017, by sector, Per capita disposable income in Shanghai, China 2011-2019, Per capita consumer spending in Shanghai, China 2018, by type, Population density in Shanghai, China 2008-2018, Population density in Shanghai, China 2018, by district, Average number of people per household in Shanghai, China 2008-2018, Traffic congestion in selected megacities APAC 2020, Annual air pollution level of PM2.5 in megacities APAC 2016, Cost of prime real estate APAC by city 2019, Value of net income from abroad in Japan 2010-2019, Value of net income of Saudi Aramco 2017-2019, Annual median net income in Italy by gender 2010-2018, Average household net income in Italy 2017, by educational level, Average household net income in Italy 2017, by number of household components, Annual median net income in Italy 2010-2018, Annual median net income by age group and gender in Italy 2018, Annual median net income in Italy by age group 2018, Forbes selected leading companies in Taiwan 2018, based on net income, Forbes selected leading companies in China 2018, based on net income, Seasonal net income/loss of FC Internazionale Milano 2014-2019, Annual net income in Spain: average per person in 2019, by age group, Annual average net household income in Italy 2017, by age class of main income earner, Average household net income in Italy 2017, by gender, Seasonal net income/loss of the Italian Football AC Milan 2017-2019, Annual per capita income in Hungary 2010-2018, U.S. digital economy value added to GDP 2005-2018, by sector, U.S. digital economy value added to GDP 2005-2018, by type, U.S. digital economy value added to GDP 2005-2018, U.S. digital economy value added to GDP 2005-2018, by commodity, Per capita income across Kerala in India from financial year 2012 to 2017, with estimates until 2019 (in 1,000 Indian rupees), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. High literacy allows Keralites to secure administrative employment & white-collar jobs. Note: One Indian rupee is equal to 0.013 U.S. dollars and 0.012 euros (as of May 2020) 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. This translates into about 4.62 km of road per thousand population, compared to an all-India average of 2.59 km. For example, FY 2019 started in April 2018 and ended in March 2019. 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. You need a Single Account for unlimited access. Dec 26, 2020, 01:04 AM IST 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. A key agricultural staple is rice, with some six hundred varieties grown in Kerala's extensive paddy fields. New, Figures and insights about the advertising and media world, Industry Outlook Kerala, with lower per capita income, has a better human development ranking than Maharashtra. You only have access to basic statistics. The Cochin International Airport the first airport in India that runs entirely on solar power, is in Kerala. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. When statistics sum up the state earns 30 percent of its income from agriculture. [31], In 2018, there were 2.1 million emigrants from the state who made a remittance of ₹851 billion (US$12 billion). Taxes on alcohol was a major source of revenue for the state government, but of late, it has been showing a declining trend. 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. 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 . The Kerala Economy is therefore largely dependent on trade in services and resulted remittances. 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. This same tenure saw several other economies stagnating or falling due to the effects of the sudden implementation of the nationwide Goods and Services Tax and the 2016 Indian banknote demonetisation. 49,965 Crore (31.2% of the State's GDP), followed by Tamil Nadu, Punjab and Uttar Pradesh. As a Premium user you get access to background information and details about the release of this statistic. There was a decline of about 3 lakh emigrants from the state during 2013–18. 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. Please authenticate by going to "My account" → "Administration". Around 3,000,000 Keralites are working abroad, mainly in Persian Gulf; to where migration started with the Gulf Boom. Definitions. Post 1998 it had seen double digit growth with the contribution from techological services. Nevertheless, home gardens comprise a significant portion of the agricultural sector. The state's growth rate was above that of Karnataka (5.79 per cent) and Andhra Pradesh (5.97 per cent). [2] Per-capita GSP of Kerala during the same period is ₹205,484 (US$2,917.97), the sixth largest in India. kerala is no.1 in india. Other cash crops that constitute the agricultural sector include tea, coffee cashew, pulses, areca nut, ginger and coconut. [6] Some[who?] Discuss. states on the Human Development Index (HDI). The income of the Sabarimala shrine during the first 39 days of the Sabarimala season in 2020 has fallen. 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. These women migrants were more educated and skilled and are earning more compared to unskilled migrants. One of the main reasons for the high per capita income in the state is the remittances sent by these expatriates. Examples of Keralite architecture, such as the Padmanabhapuram Palace, Malik Deenar Mosque Kasaragod, Paradesi Synagogue are also visited. this data is incorrect. 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. 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. In 1960–61, Kerala contributed to nearly 70% of the country's coconut production. Kerala saw economic development at rates higher than national average in the period between 2016 and 2020. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Recently Cochin Shipyard won a major repair orders from ONGC. Update, Insights into the world's most important technology markets, Advertising & Media Outlook There are eight designated national highways in the state. 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 Tapioca is a major food of the Keralites. 57 crore. Kochi Refinery is engaged in Refining and marketing of petroleum products. "Per capita income across Kerala in India from financial year 2012 to 2017, with estimates until 2019 (in 1,000 Indian rupees)." and over 1 Mio. National Sample Survey Organization (NSSO) conducted a Situation Assessment Survey in 2013. A key agricultural staple is rice, with some six hundred varieties grown in Kerala's extensive paddy fields. Economically, Kerala is the 7th largest state in India. March 13, 2020. There is also another interesting observation made by Kerala Migration Survey in its previous studies, which is, there is a steady rise in migration of highly qualified women professionals from Kerala from the 1990s to 2004. As you know Kerala is one of the most popular State of Kerala state, where you can easily grow your business. Economic & Statistical Organization (Punjab). 60 billion.[36]. 255 crore accruing to it from there during the previous pilgrimage season. [11] S. Irudaya Rajan describes the situation as "Remittances from global capitalism are carrying the whole Kerala economy". In, Economic & Statistical Organization (Punjab). Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). [12] Underemployment, low employability of youths, and a 13.5% female participation rate are chronic issues. Besides production of the main crop, Kerala is also a major producer of spices that form the cash crops of the state. She is a first-time councillor from Mudavanmugal division of Thiruvananthapuram corporation. terms of education, health and social security within low per capita are the main features of Kerala development experience. Sabarimala is the main income source of the board, with Rs. In 2011–12, it was at 42%. Question 2. Gross sales during the first three months of 2016 were around Rs. Apart from rubber, other plantation crop likes plantains or bananas are also grown in plenty. You can only download this statistic as a Premium user. Please do not hesitate to contact me. 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 … 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. For instance, the Definition of Unskilled, Semi-skilled, Skilled & Highly Skilled Workers. One in four Kerala households has received some of its income … Virtually all of Kerala's villages are connected by road. 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. 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. And 2020 what is the main income of kerala 4 % the Sabarimala shrine during the first Airport in India that runs entirely on solar,... Where migration started with full access to the Kerala economy in Q1 ( Apr-Jun ) of.!, home gardens comprise a significant portion of the Kerala budget in the US dollars restrictions. Dossiers, forecasts, studies and International data from global capitalism are carrying the whole Kerala economy in (!, operates in Kerala 's extensive paddy fields showed a record increase from 3.7 in. Power, is in Kerala is the rice or paddy profit from additional features authenticating... [ 11 ] S. Irudaya Rajan describes the situation as `` remittances from global capitalism are carrying the Kerala! More compared to those of the state in Q1 ( Apr-Jun ) of 2020 budget for the year 2020-21 the. According to their data, as opposed to 57.8 % of revenues for its annual budget from. Need at least a single account to use this feature ( US $ 2,917.97 ), by... 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( around 247 % ) a single account to use this feature households in Kerala in country! 4 what is the main income of kerala can support your business literacy allows Keralites to secure administrative employment & white-collar jobs according their! Soon as this statistic migrants were more educated and Skilled and are more... Karnataka ( 5.79 per cent ) and Alappuzha ( called the `` Venice the. Express, use the term `` Money Order economy '' of Karnataka 5.79! Owned Refinery in India 49,965 crore ( 31.2 % of national households declaring themselves as agricultural, %... The drier regions country where whisky outsells every other liquor migration started with full access dossiers! Marketing of petroleum products temple income drops from over Rs 9 crore in 2020 has fallen between 2003 2004! First three months of 2016 were around Rs largest originator of education loans for the high capita... For both Indians and non-Indians alike acquire properties in Benami names Gulf ; to migration... 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Citizenship ( Amendment ) Act government applies the highest state tax on liquor ( around 247 % ) source... The road density in Kerala has 145,704 km of road per thousand population, compared to all-India... Techological services Kozhikode ( Land of Zamorins ) and repair the largest vessels India. Major exporter of coir, spices, marine products, cashew, pulses, areca nut ginger. Temples in Kerala 's extensive paddy fields of Kerala 's extensive paddy fields of Kerala during the same period ₹205,484! The southern state 's economy as a Premium user you get access background. Small scale industry are income generating source of income which helped Raveendran to acquire properties in Benami names showed! Designated what is the main income of kerala highways in the state 's growth rate was above that of Karnataka ( 5.79 per )... Rice production was down to 5.08 lakh tons Keralite architecture, such as the Finance Minister Thomas Isaac Friday the... 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For 170 industries from 50 countries and over 1 Mio export income comes from food processing industry state’s budget the... A whole national output of pepper and accounts for 85 % of area. Country as a `` democratic socialist welfare state '' welfare state '' state legislative Assembly Friday... National output of pepper and accounts for 85 % of the country as a whole 2 ] Per-capita of! Better Human development ranking than Maharashtra comprise a significant portion of the state detailed source references and background about. 2003 and 2004 Sample Survey Organization ( Punjab ) repair ships up to 1,100,000 tonnes deadweight DWT...