Economic Review - 2000. Kerala

Abstract

From Chapt. 1 General Review: During 1999-2000 all India GDP growth in real terms is placed at 6.4%, which means a decline from the growth rate of 6.8% during 1998-99. Growth rate is projected to decline further to 6% in 2000-01, a fall of above 12% in two years. The growth rate of GDP from Agriculture and allied activities decelerated sharply to 1.3% in 1999-2000, from 7,2% m the previous year. Although food production increased to 205.9 million tonnes in 1999-2000, from 203 million tonnes in the previous year, production of pulses and coarse cereals declined sharply. Similarly the non-food products such as oil seeds particularly groundnut cotton and tea registered declines in output over the respective levels in the previous year.