TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Radico Khaitan Pulls ‘Trikal’ Whisky from Market Amid Public Backlash from Hindus

    Radico Khaitan Pulls ‘Trikal’ Whisky from Market Amid Public Backlash from Hindus

    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Savarkar

    Remembering How Congress Orchestrated the Mob Lynching of Veer Savarkar’s brother Dr Narayan Savarkar

    Errol Musk, father of Elon Musk to Visit Ram Temple in June

    Errol Musk, father of Elon Musk to Visit Ram Temple in June

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Best ₹1 Crore Term Plans with Return of Premium: Benefits vs Cost

    Best ₹1 Crore Term Plans with Return of Premium: Benefits vs Cost

    Prime Minister Modi to Chair Key NITI Aayog Meeting Amid Push for Viksit Bharat by 2047

    Prime Minister Modi to Chair Key NITI Aayog Meeting Amid Push for Viksit Bharat by 2047

    International Monetary Fund (IMF).

    IMF Defends $1 Billion Bailout to Pakistan Amid India’s Concerns Over Terror Funding

    The Silent Revolution: How Quantum AI Is Rewriting Cybersecurity, Finance, and Warfare

    The Silent Revolution: How Quantum AI Is Rewriting Cybersecurity, Finance, and Warfare

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Mock Drills to Be Held Tomorrow in States Bordering Pakistan

    India’s Major Preparations After ‘Operation Sindoor’! Mock Drills to Be Held Tomorrow in States Bordering Pakistan

    What’s the Kaveri Engine and Why Is Everyone Talking About It?

    What’s the Kaveri Engine and Why Is Everyone Talking About It?

    New Satellite Images Reveal 3-Meter Crater at Pakistan’s Murid Air Base

    New Satellite Images Reveal 3-Meter Crater at Pakistan’s Murid Air Base

    India Fast-Tracks Advanced Medium Combat Aircraft

    India Fast-Tracks Advanced Medium Combat Aircraft to Counter China-Pak Threat

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Pakistan’s Nuclear Ambition: A Costly Shield Fueling Economic Woes

    Pakistan’s Nuclear Ambition: A Costly Shield Fueling Economic Woes

    UK

    UK: 50 Injured After Car Ploughs Into Crowd Celebrating Liverpool’s Premier League Victory

    World Bank

    India to Oppose World Bank’s $20 Billion Loan to Pakistan Over Terror Funding Fears

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    How to Decide Between Amity and Manipal for Your Online MBA Journey

    How to Decide Between Amity and Manipal for Your Online MBA Journey

    Mughals, Delhi Sultans Out, Fresh Chapters on Indian Rulers, Mahakumbh Introduced: NCERT revises Class 7 books

    Mughals, Delhi Sultans Out, Fresh Chapters on Indian Rulers, Mahakumbh Introduced: NCERT revises Class 7 books

    Role of Consultants to Study in Ireland: How to Choose the Right One?

    Role of Consultants to Study in Ireland: How to Choose the Right One?

    The Complete Guide to Education Loan Interest Rates in 2025

    The Complete Guide to Education Loan Interest Rates in 2025

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Cricket – More Than Just a Bat and Ball

    Cricket – More Than Just a Bat and Ball

    Lazer247 India – Best Online Sports Betting and Casino Platform

    Lazer247 India – Best Online Sports Betting and Casino Platform

    Adjustable Folding Adirondack Chair With Cup Holder – Customizable Support For Ultimate Relaxation

    Adjustable Folding Adirondack Chair With Cup Holder – Customizable Support For Ultimate Relaxation

    1win कैसीनो गेम्स: जब दांव से पहले रिवाज़ बन जाते हैं आदत और खेल का हिस्सा

    1win कैसीनो गेम्स: जब दांव से पहले रिवाज़ बन जाते हैं आदत और खेल का हिस्सा

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Radico Khaitan Pulls ‘Trikal’ Whisky from Market Amid Public Backlash from Hindus

    Radico Khaitan Pulls ‘Trikal’ Whisky from Market Amid Public Backlash from Hindus

    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Savarkar

    Remembering How Congress Orchestrated the Mob Lynching of Veer Savarkar’s brother Dr Narayan Savarkar

    Errol Musk, father of Elon Musk to Visit Ram Temple in June

    Errol Musk, father of Elon Musk to Visit Ram Temple in June

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Best ₹1 Crore Term Plans with Return of Premium: Benefits vs Cost

    Best ₹1 Crore Term Plans with Return of Premium: Benefits vs Cost

    Prime Minister Modi to Chair Key NITI Aayog Meeting Amid Push for Viksit Bharat by 2047

    Prime Minister Modi to Chair Key NITI Aayog Meeting Amid Push for Viksit Bharat by 2047

    International Monetary Fund (IMF).

    IMF Defends $1 Billion Bailout to Pakistan Amid India’s Concerns Over Terror Funding

    The Silent Revolution: How Quantum AI Is Rewriting Cybersecurity, Finance, and Warfare

    The Silent Revolution: How Quantum AI Is Rewriting Cybersecurity, Finance, and Warfare

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Mock Drills to Be Held Tomorrow in States Bordering Pakistan

    India’s Major Preparations After ‘Operation Sindoor’! Mock Drills to Be Held Tomorrow in States Bordering Pakistan

    What’s the Kaveri Engine and Why Is Everyone Talking About It?

    What’s the Kaveri Engine and Why Is Everyone Talking About It?

    New Satellite Images Reveal 3-Meter Crater at Pakistan’s Murid Air Base

    New Satellite Images Reveal 3-Meter Crater at Pakistan’s Murid Air Base

    India Fast-Tracks Advanced Medium Combat Aircraft

    India Fast-Tracks Advanced Medium Combat Aircraft to Counter China-Pak Threat

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Pakistan’s Nuclear Ambition: A Costly Shield Fueling Economic Woes

    Pakistan’s Nuclear Ambition: A Costly Shield Fueling Economic Woes

    UK

    UK: 50 Injured After Car Ploughs Into Crowd Celebrating Liverpool’s Premier League Victory

    World Bank

    India to Oppose World Bank’s $20 Billion Loan to Pakistan Over Terror Funding Fears

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    How to Decide Between Amity and Manipal for Your Online MBA Journey

    How to Decide Between Amity and Manipal for Your Online MBA Journey

    Mughals, Delhi Sultans Out, Fresh Chapters on Indian Rulers, Mahakumbh Introduced: NCERT revises Class 7 books

    Mughals, Delhi Sultans Out, Fresh Chapters on Indian Rulers, Mahakumbh Introduced: NCERT revises Class 7 books

    Role of Consultants to Study in Ireland: How to Choose the Right One?

    Role of Consultants to Study in Ireland: How to Choose the Right One?

    The Complete Guide to Education Loan Interest Rates in 2025

    The Complete Guide to Education Loan Interest Rates in 2025

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Cricket – More Than Just a Bat and Ball

    Cricket – More Than Just a Bat and Ball

    Lazer247 India – Best Online Sports Betting and Casino Platform

    Lazer247 India – Best Online Sports Betting and Casino Platform

    Adjustable Folding Adirondack Chair With Cup Holder – Customizable Support For Ultimate Relaxation

    Adjustable Folding Adirondack Chair With Cup Holder – Customizable Support For Ultimate Relaxation

    1win कैसीनो गेम्स: जब दांव से पहले रिवाज़ बन जाते हैं आदत और खेल का हिस्सा

    1win कैसीनो गेम्स: जब दांव से पहले रिवाज़ बन जाते हैं आदत और खेल का हिस्सा

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

Kerala’s GDP growth lowest among 17 non-special category states

Amit Agrahari by Amit Agrahari
22 January 2019
in Economy
kerela, gdp growth, lowest

(PC: manoramaonline)

Share on FacebookShare on X

The Kerala model of development seems to be failing. As per a report titled ‘States of growth 2.0’ by ratings agency CRISIL, the gross state domestic product (GSDP) of Kerala grew at slowest pace among 17 large states of the country. The growth rate of 5 percent is lowest among the 17 states which are in non-special category. The rating agency used the data by Central Statistical Office (CSO) to prepare the report on state GDP growth. The study left out only Goa from non-special category given that the size of the state is very small.

RelatedPosts

Southwest Monsoon Arrives Early Over Kerala — Earliest Onset in 16 Years, Alerts for Southern India

Kerala University Amendment Bill Triggers Uproar: Teachers Banned from Criticising State, Permitted to Oppose Centre

MSC Turkiye Docks at Vizhinjam: India Welcomes Its Largest-Ever Container Ship

Load More
(PC: CRISIL)

The GDP growth in Kerala was lowest for the fiscal year 2017-18 despite the fact that Consumer Price Index (CPI) inflation touched 6 percent in the state. The public expenditure of the state was also high with fiscal deficit at 3,700 crore rupees (3.4%) of GSDP of Kerala which is 7, 47,945 crore rupees. Under the leadership of Communist leader Pinarayi Vijayan who was chosen as chief minister by Left Democratic Front (LDF) after the 2016 state assembly election, the percentage of capital expenditure in overall budgeted expenditure declined substantially. The decline in capital expenditure led to slowdown of GDP growth in last two and a half years of Vijayan rule.

(PC: CRISIL)

Kerala was also among the bottom 3 states which grew at the lowest rate between fiscal year 13 to fiscal year 17. The average GSDP growth in the state was 5.8 percent compared to 9.9 percent in Gujarat. The celebrated economists from left side of political spectrum like Amartya Sen and Jean Dreze like to pitch ‘Kerala model of development against the Gujarat model of development. But as the report by CRISIL suggests, Kerala is way behind Gujarat in generating economic growth.

(PC: CRISIL)

The Kerala model even fails to create jobs in employment intensive sector despite the fact that employment generation was being pitched as a major benefit of this model.   The average year on year growth from FY 12 to FY 18 in employment-intensive sectors was 5.4 percent compared 11.5 percent in Gujarat. The growth in employment-intensive sectors was almost 1 percent higher to average GDP growth while in Kerala it was 0.2 percent lower to average GDP growth. This data busts the myth that Kerala model is better in employment generation compared to Gujarat model.

The Gujarat Model of development was being criticized by left-leaning economists like Amartya Sen and Jean Dreze but it was appreciated by center-right economists such as Jagdish Bhagwati and Arvind Panagriya. The Kerala model of development was pitched against the Gujarat Model but many economists of the right said the Communist state Model is not sustainable as it depends on remittance money rather than its own resources and industries. Recently when oil prices started falling, the Gulf countries have had massive cuts in their workforce, which forced several Malayalis to shift back to Kerala. A model which runs on the shoulders of others is not sustainable for a long period of time, and will be vulnerable to external factors.

Tags: communist governmentgdp growthKeralaPinarayi Vijayan
Share2073TweetSend
Previous Post

Kapil Sibal and the mystery of ‘personal capacity’

Next Post

Bihar tops the state GDP growth rankings for fiscal year 2017-18

Related Posts

Best ₹1 Crore Term Plans with Return of Premium: Benefits vs Cost
Finance

Best ₹1 Crore Term Plans with Return of Premium: Benefits vs Cost

25 May 2025

When people hear about term insurance, what they usually picture is a payout, money that’s meant to support their...

Prime Minister Modi to Chair Key NITI Aayog Meeting Amid Push for Viksit Bharat by 2047
Economy

Prime Minister Modi to Chair Key NITI Aayog Meeting Amid Push for Viksit Bharat by 2047

24 May 2025

Prime Minister Narendra Modi will chair a high-level meeting of the NITI Aayog Governing Council this Saturday at Bharat...

International Monetary Fund (IMF).
Economy

IMF Defends $1 Billion Bailout to Pakistan Amid India’s Concerns Over Terror Funding

23 May 2025

The International Monetary Fund (IMF) has defended its recent $1 billion (over Rs 8,000 crore) disbursement to Pakistan, affirming...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Pakistan needs money from IMF to feed their people

Pakistan needs money from IMF to feed their people

00:15:20

Vacate PoK and more: Steps Pakistan needs to take to avoid Indian military action

00:06:36

Taking The Wire’s Propaganda Piece on VP to the Cleaners – Feat. Prof. Kapil Kumar

00:09:19

Rahul Gandhi Undermines India’s Electoral Integrity as Trump Applauds It

00:07:09

Why Pakistan army chief reminds two nation theory| what is the plan| Waqf Bill |Asim Munir| Jinnah

00:13:02
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited