How the Kerala economy fared before the floods
6 years, 4 months ago

How the Kerala economy fared before the floods

Live Mint  

As the torrential rains abate in Kerala, the focus is slowly turning towards how the flood-hit state will rebuild its economy. Between 2011-12 and 2016-17, the Kerala economy grew at a much slower rate than India’s GDP growth rate. In absolute terms, Kerala’s gross domestic product stands at ₹ 6.17 trillion..but per capita income has always been higher Ranked 12th in terms of population, and eighth in terms of economy, Kerala is relatively wealthier than the rest of India on per capita income basis. Unemployment rates Even with the services sector contributing more than 50% of the economy, Kerala has been finding it hard to create enough job opportunities. Outside of the northeastern states, Kerala has the highest unemployment rate in India with only 20% of all households having availed state-run employment guarantee schemes, according to the latest Employment and Unemployment Survey.

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History of this topic

At 3.16 per cent in five years, Kerala's economic growth 4th lowest in country
3 weeks, 3 days ago

At 3.16 per cent in five years, Kerala's economic growth 4th lowest in country

New Indian Express  

THIRUVANANTHAPURAM: Despite topping the national charts on various human-development indices, Kerala’s economy has been limping for some time now. Kerala’s average annual growth rate in gross state domestic product between 2018-19 and 2022-23 stood at 3.16%, with only Delhi, Uttarakhand and Goa performing worse. The quick estimate for 2023-24 showed that Kerala’s GSDP improved to rs 6.35 lakh crore, posting …

Expanding tourism for leisure and jobs
1 month, 1 week ago

Expanding tourism for leisure and jobs

Hindustan Times  

Given India’s under-tapped tourism potential, the Centre’s ₹3,295-crore assistance to 23 states to develop 40 less-known tourism sites is a welcome initiative. States will be required to develop the sites within two years under Union tourism ministry oversight, and then operate and manage the same. The Centre is urging the states to explore possibilities of partnering with the private sector …

Kerala startup ecosystem registers 254 per cent growth: Study
7 months ago

Kerala startup ecosystem registers 254 per cent growth: Study

New Indian Express  

KOCHI: According to The Global Startup Ecosystem Report 2024 released by a leading development organisation, the value of Kerala’s startup ecosystem has shown a compound growth of 254% between July 1, 2021, to December 31, 2023, compared to the July 1, 2019, -December 31, 2021, period. The extensive analysis is done with data from 4.5 million startups across 300 global …

Plentiful rains could lift farm growth to 6% this year: Officials
7 months, 4 weeks ago

Plentiful rains could lift farm growth to 6% this year: Officials

Hindustan Times  

An above-average monsoon, expected to hit the Kerala coast on May 31, could lift farm growth to 6% this year on the back of higher output of summer crops and a base effect, a government policy-maker said on Thursday. Farming as part of India’s culture and civilisation The June-September rainy season is critical for Asia’s third-largest economy as nearly half …

2018, India's Official Oscars Entry, A Grim Reminder of Kerala Floods
1 year, 3 months ago

2018, India's Official Oscars Entry, A Grim Reminder of Kerala Floods

News 18  

India on Wednesday announced survival drama 2018 as the official entry for the 2024 Academy Awards, officially acknowledging the Malayalam film’s status as both a critical and box office hit. The film, starring Tovino Thomas, Kunchacko Boban, Asif Ali, Vineeth Sreenivasan, Narain and Lal and directed by Jude Anthany Joseph, is based on the devastating floods in Kerala in 2018 …

Data and dams: How Kerala cracked flood management | Data Point podcast
2 years, 4 months ago

Data and dams: How Kerala cracked flood management | Data Point podcast

The Hindu  

In 2018, Kerala saw one of the worst floods in its history. Monsoon rains are not a new phenomenon for Kerala, but what threw Kerala’s flood management department off in 2018, was the fact that it was still raining in August, by which time the rain’s intensity should have subsided. But this time, the State analysed flood and dam data, …

Covid-19: Kerala tourism sector hit hard by the pandemic
3 years, 7 months ago

Covid-19: Kerala tourism sector hit hard by the pandemic

India Today  

Alappuzha, the home of the houseboat industry in Kerala, looks like a haunted destination now, with the district caught in the pandemic dragnet. The houseboat industry is just one part of it; the tourism sector itself is in peril in Kerala having lost three consecutive seasons for the first time due to the pandemic. “The tourism sector has been the …

Kerala Tourism eyes 10-12% rise in footfalls, earnings in current fiscal post-worst deluge in a century
5 years, 3 months ago

Kerala Tourism eyes 10-12% rise in footfalls, earnings in current fiscal post-worst deluge in a century

Firstpost  

Kerala Tourism is targeting a healthy 10-12 percent growth in both arrivals as well as in earnings in the year to March 2020 as the state has returned to normalcy after the worst deluge in a century had ravaged the entire state last year, a senior official has said Mumbai: Kerala Tourism is targeting a healthy 10-12 percent growth in …

Domestic, foreign tourist arrivals go up in Kerala after floods
5 years, 5 months ago

Domestic, foreign tourist arrivals go up in Kerala after floods

Live Mint  

Thiruvananthapuram: Riding on a swift recovery from one of the worst natural calamities, Kerala has regained the pre-floods tourist footfalls, registering an impressive growth rate of 14.81 per cent in the second quarter of the current year. Particularly satisfying for Kerala Tourism was the fact that it bucked the negative trend in foreign tourist arrivals in the aftermath of last …

Kerala slowly picks up pieces after devastating floods
6 years, 3 months ago

Kerala slowly picks up pieces after devastating floods

Hindustan Times  

Thankamma needs to get to Kottayam. The tourism ministry, whose revenue in 2017 was 10% of the state’s GDP, estimates a loss of ₹1,000 crore worth of business till December due to cancellations. On September 15, state finance minister Thomas Isaac tweeted that the centre “would hardly foot the bill.” “One is revenue expenditure, which includes repair and maintenance of …

Floods leave the Malayalam film industry reeling
6 years, 4 months ago

Floods leave the Malayalam film industry reeling

Live Mint  

New Delhi: The thriving Malayalam film industry has also been affected by what has been referred to as the worst floods in the history of Kerala in the last 94 years. “For the first time in the history of the Malayalam film industry, there were no releases for the biggest festival weekend, Onam,” said independent trade analyst Sreedhar Pillai. “For …

Opinion | In Kerala, dammed if you do, dammed if you don’t
6 years, 4 months ago

Opinion | In Kerala, dammed if you do, dammed if you don’t

Live Mint  

The rain in Kerala this monsoon has been relentless. In particular, two episodes of deluge—the first in June and the second in August—tipped the balance from normal to disastrous, with the excess rain being carried in torrents to the Arabian Sea by Kerala’s rivers. On the back of two weeks of incessant rain, for the single 24-hour period starting 15 …

Did Kerala’s geography both aid and hurt flood relief operations?
6 years, 4 months ago

Did Kerala’s geography both aid and hurt flood relief operations?

Live Mint  

Kerala has a unique distribution of population among its towns and villages. Each bar in figure 1 shows the number of towns or villages in that population bucket, and it becomes very apparent that Kerala is very different from the other states in India. In other words, the largest 50% of towns and villages in Kerala account for 75% of …

Coastal flooding: Another threat to Kerala and global growth
6 years, 4 months ago

Coastal flooding: Another threat to Kerala and global growth

Live Mint  

Madhavan Rajeevan, secretary, Ministry of Earth Sciences, warned recently that the rising temperatures in the Arabian sea has made states such as Kerala and Karnataka increasingly vulnerable to cyclones, and he is not alone in expressing such concerns. A new National Bureau of Economic Research working paper by Klaus Desmet and others suggests that coastal flooding will disrupt the global …

Biggest lesson from Kerala: The developmental agenda should be sustainable
6 years, 4 months ago

Biggest lesson from Kerala: The developmental agenda should be sustainable

Hindustan Times  

“Many cities are caught in a ‘perfect storm’ of population growth, escalating adaptation needs and substantial development deficits created by a shortage of human and financial resources, increasing levels of informality, poor governance, environmental degradation, biodiversity loss, poverty and growing inequality”, noted the Intergovernmental Panel on Climate Change in 2014. Residents collect food and water from a truck distributing relief …

Kerala, After The Flood: Pinarayi Vijayan says Centre should treat state on different yardstick for extending aid
6 years, 4 months ago

Kerala, After The Flood: Pinarayi Vijayan says Centre should treat state on different yardstick for extending aid

Firstpost  

Giving a detailed account of the havoc caused by the devastating floods and landslides since early August, Vijayan said the preliminary assessment of losses was around Rs 20,000 crore which was equal to the state’s annual plan size for 2018-19. Giving a detailed account of the havoc caused by the devastating floods and landslides since early August, he said the …

Kerala floods impact: Cement demand, prices to take a hit
6 years, 4 months ago

Kerala floods impact: Cement demand, prices to take a hit

Live Mint  

Cement demand in Kerala, which is estimated to contribute around 13% to overall sales volumes in southern India, would get hit in the near term due to the Kerala floods. A recent dealer channel check by domestic broking house Kotak Institutional Equities Ltd showed that prices of the building material in south India declined to ₹ 345/bag in August from …

Opinion | The challenge of rebuilding Kerala
6 years, 4 months ago

Opinion | The challenge of rebuilding Kerala

Live Mint  

As the flood waters recede gradually in Kerala and the Kodagu district of Karnataka, the focus will begin to shift from relief operations to rebuilding. Such fiscal laws across the world have inbuilt flexibility that allow the borrowing limits to be crossed in the case of special circumstances such as a sharp recession or wars or natural calamities. One possible …

Indians make up for the slack in Kerala tourism
6 years, 4 months ago

Indians make up for the slack in Kerala tourism

Live Mint  

Kerala became an essential fixture on the international travel circuit in the early 2000s, emerging as the world’s fastest growing tourist destination for international travellers, and kept up the momentum through investments and marketing. Kerala tourism hotspots Domestic tourism is concentrated in three districts—Ernakulam, Thrissur and Thiruvananthapuram—while foreign tourists choose to visit Ernakulam and Thiruvananthapuram. In 2017, Ernakulam district accounted …

Kerala wake-up call on growth & development
6 years, 4 months ago

Kerala wake-up call on growth & development

Deccan Chronicle  

The images of floods and mudslides in Kerala, known as “God’s own country”, should be a wake-up call we should ask ourselves if we are on a sustainable development path. “Development” was genetically engineered into an economic/political concept on January 20, 1949 when US President Harry Truman, in his inaugural speech, declared the former Southern Hemisphere colonies drained of their …

400 dead. Crores lost. The cost of the Kerala floods
6 years, 4 months ago

400 dead. Crores lost. The cost of the Kerala floods

Live Mint  

New Delhi: Battered by torrential rains, Kerala is witnessing the worst floods in a century. The second spell of monsoon fury since 8 August worsened the situation, as heavy rains for days compelled the administration to open the shutters of the dams, which led to flooding, leaving low-lying areas submerged. The India Meteorological Department said Idukki and Palakkad districts have …

The new anthem in Kerala floods: ‘Oh, deep in my heart...we shall overcome’
6 years, 4 months ago

The new anthem in Kerala floods: ‘Oh, deep in my heart...we shall overcome’

Live Mint  

Kochi: It can be said that after the great flood of 2018, Kerala is back to its mythical beginnings. Thousands of houses were destroyed, more than 370 people lost their lives, and nearly a million people are now in 5,645 relief camps. John, who has been visiting relief camps, people who fled their homes with only clothes on their backs …

The economic implications of the Kerala floods
6 years, 4 months ago

The economic implications of the Kerala floods

Live Mint  

Thiruvananthapuram: Over the past week, the entire state of Kerala is in the grip of a massive, unprecedented flood: the last time anything like this has happened was in 1924. Kerala is essentially a consumption state, but consumption is now going to be adversely affected as many people have lost their livelihood. Kochi international airport has been closed for over …

Livelihoods hit as tourism bears the brunt of Kerala floods
6 years, 4 months ago

Livelihoods hit as tourism bears the brunt of Kerala floods

Live Mint  

New Delhi: Livelihood is set to be a big challenge for Kerala in the coming months, with the floods having taken a toll of the ₹ 30,000 crore tourism sector that accounts for 10% of the state’s gross domestic product and employs around 1.4 million people. It might take two to six months for tourism activity to revive,” said a …

Kerala floods highlight India’s poor dam management
6 years, 4 months ago

Kerala floods highlight India’s poor dam management

Live Mint  

New Delhi: Could the Kerala floods have been prevented? Under relentless downpours, poor dam management may have aggravated the floods, raising questions about the role of dams in Kerala and other states. James Wilson, an officer with the Kerala state water agency, estimated that the Idukki and Idamalayar dams together have stored 21.3% of the Periyar’s annual flow, greatly limiting …

How the Kerala floods showed humanity still rocks
6 years, 4 months ago

How the Kerala floods showed humanity still rocks

India Today  

Monsoon floods have killed over 350 people and laid waste to homes and farmland in Kerala -- but its spirit, the defiant, hopeful pulse of a people working to rebuild their lives, remains unshattered. "Most people felt: I must work on the ground and do my bit," said PS Gopikrishnan Unnithan, an India Today TV journalist who's been reporting on …

Kerala floods will lead to losses, recovery delays for banks
6 years, 4 months ago

Kerala floods will lead to losses, recovery delays for banks

Live Mint  

New Delhi: Financial services major Jefferies on Monday said floods in Kerala will lead to some recovery delays and losses for banks, typically in agriculture loans, micro, small and medium enterprises priority sector loans, home loans and trade activities. “Incessant rains since 8 August have caused Kerala’s worst floods in a century, and at least 186 people have perished, many …

Opinion | Kerala floods: An unprecedented tragedy foretold
6 years, 4 months ago

Opinion | Kerala floods: An unprecedented tragedy foretold

Live Mint  

Last week, Kerala faced the brunt of an unprecedented flood, which has almost brought the state to a standstill. 80 dams opened, 324 lives lost and 223,139 people are in about 1,500+ relief camps.” Worse is feared, with most of the 44 rivers of the state still in spate and the heavy downpour refusing to yield. This deadly impact of …

Kerala floods updates: Narendra Modi reaches Thiruvananthapuram, will take aerial survey of state tomorrow
6 years, 4 months ago

Kerala floods updates: Narendra Modi reaches Thiruvananthapuram, will take aerial survey of state tomorrow

Firstpost  

5:40 PM Whatsapp Facebook Twitter Local fishermen turn heroes in flood-hit Kerala, risk meagre resources, lives to aid in rescue ops As the navy boats are running short, fishermen from different parts of the state have taken off from their job and are taking their fishing boats to the flood-hit areas. People from of coastal villages of Neendakara, Vizhinjam, Ponnani, …

Kerala suffers 80 percent tourism cancellations, government says overall loss due to floods is Rs 8,316 cr
6 years, 5 months ago

Kerala suffers 80 percent tourism cancellations, government says overall loss due to floods is Rs 8,316 cr

Firstpost  

Floods due to the unprecedented monsoon fury in Kerala have wrecked the tourism industry and seriously impacted the plantation sector, which are among the major revenue sources for the state. Thiruvananthapuram: Floods due to the unprecedented monsoon fury in Kerala have wrecked the tourism industry and seriously impacted the plantation sector, which are among the major revenue sources for the …

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