Thiruvananthapuram: The Gross State Domestic Product (GSDP) of Kerala increased to 8.1 per cent in 2006-07, which was marginally higher than the eight per cent registered in the previous year. A significant event was the setting up of Debt Relief Commission by the State Government, which brought significant hopes to the distressed peasantry. Debt relief, together with the provision of an assured remunerative price of Rs 9 per kg for paddy and the implementation of the National Rural Employment Guarantee Scheme in the poorest districts of the State, brought some relief in rural distress.
At current prices, the GSDP is pegged at Rs 1,32,738.53 crore as against Rs 1,18,998.19 crore in the previous year. The growth rate in current prices is 11.6 per cent 2006-07 as compared to 11.2 per cent in the previous year.The per capita state income at constant prices increased from Rs 25,657 in 2005-06 to Rs 27,284 in 2006-07, reporting a growth of 6.3 per cent. At current prices, it was Rs 33,609 in 2006-07 as against Rs 30,668 in the previous year, with the growth rate being 9.6 per cent.
At current prices, the GSDP is pegged at Rs 1,32,738.53 crore as against Rs 1,18,998.19 crore in the previous year. The growth rate in current prices is 11.6 per cent 2006-07 as compared to 11.2 per cent in the previous year.The per capita state income at constant prices increased from Rs 25,657 in 2005-06 to Rs 27,284 in 2006-07, reporting a growth of 6.3 per cent. At current prices, it was Rs 33,609 in 2006-07 as against Rs 30,668 in the previous year, with the growth rate being 9.6 per cent.
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