, Numbers from the Kerala State Beverages Corporation analyzed by the Alcohol and Drug Information Center (AIDIC), show that alcohol consumption dropped by 20.27 per cent since April 2014, this in a market that registered an annual growth of 12 per cent to 67 per cent for the last 30 years. (March 13, 2020). facts.  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 Cochin Shipyard also builds ships for the Indian Navy. Kerala is also a preferred destination for night dwellers and the nightlife districts in Trivandrum, Kovalam, Kochi, Kozhikode and Varkala are the major centres. Answer : The two goals of development other than income are freedom and security. 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..  Underemployment, low employability of youths, and a 13.5% female participation rate are chronic issues. 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 â¦ 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. 21-year-old girl Arya Rajendran set to become Mayor in Kerala The CPI(M) has chosen 21-year-old Arya Rajendran as its Mayor candidate after the party`s district committee and state committee sanctioned her candidature. 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. 49,965 Crore (31.2% of the State's GDP), followed by Tamil Nadu, Punjab and Uttar Pradesh. cities like Kozhikode (Land of Zamorins) and Alappuzha(called the "Venice of the East") are also popular destinations. 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. 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. 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. 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", https://www.newindianexpress.com/states/kerala/2020/feb/07/amid-economic-slowdown-in-india-kerala-records-75-per-cent-growth-2100113.amp, https://web.archive.org/web/20131102151358/http://www.sas.upenn.edu/polisci/sites/www.sas.upenn.edu.polisci/files/Singh.Kerala.World%20Development.pdf, "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. ", 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. 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 â¦ 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. And of those households in Kerala, nearly two-thirds earn income from activities other than agriculture. In terms of NSDP per capita (INR at â¦ Taxes on alcohol was a major source of revenue for the state government, but of late, it has been showing a declining trend. Virtually all of Kerala's villages are connected by road. 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