Economic Review 2016 - Chapters

The year 2016-17 was a year which witnessed several economic upheavals and changes. Global uncertainties have increased with Brexit and newly formed US regime....

Recent years have witnessed stagnation in the growth of the agricultural sector. The price variability has increased with sharp swings in both product and input prices. Markets have been affected by macroeconomic factors and adverse weather conditions...

Industrial development is crucial for the economic growth of any nation. It is also linked to the modernization of agriculture, development of science and technology, entrepreneurship, self-reliance in defence production, success in international trade, efficient utilization of natural resources, alleviation of poverty and unemployment and increase in per capita income and standard of living of the people...

Kerala has been known for its achievements in the field of health and education. The State has endeavoured to create an educated, literate and healthy society. These achievements have been possible because of the pioneering policies taken in these sectors...

Infrastructure development in the State, of late, has been receiving the much needed thrust. Several major projects will become operational in the coming years...

India's exports have started showing signs of slow revival after prolonged duration of a downward spiral. One of the reasons for the subdued export performance has been the global recession and absence of a diversified export basket. The national and international trend had its impact on the State's export scenario as well and the export performance of Kerala has also not been that promising during 2015-16...

Capacity building is core to achieving developmental objectives of the economy. The State through its myriad institutions in the field of science and research is spearheading innovations, new techniques, and capabilities...

In response to the 73d and 74th Constitutional Amendments, the state had undertaken several pioneering initiatives to establish institutions of local self governance with the task to promote economic development and social justice...

Tourism is a social, cultural and economic phenomenon related to the movement of people to places outside their usual place of residence, pleasure being the usual motivation...