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The economy of Kerala is the 11th largest in India, with an annual gross state product (GSP) of ₹13.11 lakh crore (US$157.45 billion) in 2024–2025. [6] Per-capita GSP of Kerala during the same period is ₹ 372,783 (US$4,300), the sixth largest in India. [ 2 ]
December 14 - POSCO Fast Track Court, Kattappana acquits the sole accused in a rape and murder of a six-year-old girl citing defects in investigation by Kerala Police. The accused was a Democratic Youth Federation of India (DYFI) worker. [87] December 20 - Kerala cabinet decides to set up Kerala Urban Commission. [88]
Assist in the preparation of Economic Review. Prepare reports as to the resource allocation of the state. Provide nuts and bolts regarding development plans to the state and Central governments. Prepare background papers and notes for discussion between Chief Minister of Kerala and Deputy Chairman of Planning Commission.
The High Court of Kerala is situated in the city. Consequentially, legal services are a major contributor to the economy. To tap the potential of the natural harbour at Kochi further, a marina [3] and an international container transshipment terminal [4] have been built. The city used to house Kerala's stock exchange, the Cochin Stock Exchange.
The main strength of Thrissur's economy is its financial capabilities. The banking system in Thrissur have been accredited for the effective disbursement of credit to the various sectors of the Kerala society. It had played a big role in Kerala's economy from the earlier part of 1800s. It was started by Christian traders in the form of Chit ...
The Kerala Economy is therefore also largely dependent on trade in services and resulted remittances. [ 15 ] [ 16 ] [ 17 ] In 2012, the state was the highest receiver of overall remittances to India which stood at Rs. 499.65 billion (31.2% of the state's GDP), followed by Tamil Nadu , Punjab and Uttar Pradesh .
The Centre for Development Studies (CDS), Thiruvananthapuram, Kerala, India is a premier Social Science research institute. It is also a higher education institution providing M.A. course in applied economics and PhD course in economics. [5] The institute is internationally reputed for being a centre for advanced learning in economics.
Many events in Kerala are related to the dates in the Malayalam calendar. The agricultural activities of Kerala are centred on the seasons. The southwest monsoon which starts around 1 June is known as Edavappathi, meaning mid of month Edavam. The northeast monsoon which starts during mid October is called thulavarsham (rain in the month of thulam).