Kerala’s economic growth rate saw sharp fall in 2019-2020 - NEWS 7 KERALA

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2021, ജനുവരി 14, വ്യാഴാഴ്‌ച

Kerala’s economic growth rate saw sharp fall in 2019-2020

The growth rate of Kerala economy plummeted to 3.45% in FY 2019-20, which suggests that the downward rally of state’s growth happened even before the outbreak of Covid-19. The economic review, presented in the assembly on Thursday a day before the presentation of LDF government’s last budget, illustrated the severe financial stress Kerala was bearing well before the pandemic began while also indicating grimmer challenges in future.

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