Question

Statistical analysis of financial status of kerala

Answer 1

Kerala has the eight largest economy in India. Service industry dominates the Keralaeconomy. Kerala's per capita GDP in 2013-14 is Rs. 103820. 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. This phenomenon arises mainly from Kerala's land reforms, social upliftment of entire communities implemented by various governments ruled the state. Some describe Kerala's economy as a "democratic socialistwelfare state". Some, such as Financial Express, use the term "Money Order Economy". Kerala's economic progress is above the national average, with numerous major corporations and manufacturing plants being headquartered in Kerala, specifically at Technopark, Trivandrum. 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%