What Is The Annual Budget Of Kerala?

What is the total amount of budget 2020?

2020 Union budget of IndiaAnnual Financial Statement of the Central Government for the year 2020–21 The Finance Bill, 2020PartyBharatiya Janata PartyFinance ministerNirmala SitharamanTotal revenue₹16.01 trillion (US$220 billion) (8.5%)Total expenditures₹34.50 trillion (US$480 billion) (28.4%)11 more rows.

Does Kerala have poverty?

Kerala has low levels of poverty. But pockets within the state display high poverty, and consumption inequality is the highest in the country. … There is uneven progress among social groups in Kerala.

Which community is rich in Kerala?

The population of Kerala, India is a heterogenous group that comprises many ethnic groups that originated in other parts of India as well as the world, with distinctive cultural and religious traditions….Religion and Community.MuslimMalayalam23.70%Other languages1%Total24.70%4 more columns

Which state is largest exporter in India?

Maharashtra1. Maharashtra: Maharashtra is amongst the top exporting states in India. The total exporting percentage counts to about 22.3% from India.

What is the biggest source of income for Central Govt in the Union Budget 2020-21?

Q4: What is the biggest source of income for Central Govt in the Union Budget 2020-21? Answer: Borrowings and other liabilities account for 20% of the total income of the Central Government.

How much is Kerala budget?

Economy of KeralaStatisticsPublic debt30.1% of GSDP (2020–21 est.)Budget balance₹−29,295 crore (US$−4.1 billion) (3% of GSDP) (2020–21 est.)Revenues₹1.15 lakh crore (US$16 billion) (2020–21 est.)Expenses₹1.44 lakh crore (US$20 billion) (2020–21 est.)15 more rows

Which state has highest budget in India?

MaharashtraReport of the Thirteenth Finance Commission (2014-2019) (PDF) (Report). p. 381. with figures in crore of Indian Rupees….List of states and union territories of India by tax revenues.RankStateTax Revenues (INR Billions) 2014-2019—India303311Maharashtra45182Andhra Pradesh and Telangana32343Uttar Pradesh296426 more rows

What is the new Budget 2020?

In Budget 2020, Finance Minister Nirmala Sitharaman proposed a new set of income tax rates for those earning up to ₹15 lakh a year. She proposed a 10% tax on income between ₹5 and ₹7.5 lakh from 20 per cent now. Income between ₹7.5 lakh to ₹10 lakh will also attract a lower tax of 15%.

What is Kerala special?

Kerala, a state situated on the tropical Malabar Coast of southwestern India, is one of the most popular tourist destinations in the country. Named as one of the ten paradises of the world by National Geographic Traveler, Kerala is famous especially for its ecotourism initiatives and beautiful backwaters.

Why Kerala is poor?

The state’s poverty can be traced to their strident anti-capitalism: Kerala has an abundance of natural resources, but industries have largely stayed away, for fear of the state’s difficult trade unions, pro-union courts, and high minimum wages.

Is Kerala the richest state in India?

Kerala – GDP Rs.8.75 lakh Crore The ninth richest State in India according to our measure, is Kerala.

What are the 3 types of budgets?

Depending on the feasibility of these estimates, Budgets are of three types — balanced budget, surplus budget and deficit budget. A government budget is said to be a balanced budget if the estimated government expenditure is equal to expected government receipts in a particular financial year.

What is the theme of Budget 2020-21?

The Union Budget has been structured on the overall theme of “Ease of Living.” This has been achieved by farmer friendly initiatives such as Agriculture credit target of Rs 15 lakh crore for 2020-21; schemes of “Kisan Rail” and “Krishi Udaan” for a seamless national cold supply chain for perishables; and expansion of …

What is the total budget of India 2020-21?

As per the revised estimates, the government spent Rs 34,50,305 crore in 2020-21, 13% higher than the budget estimate. Receipts: The receipts (other than borrowings) are expected to be Rs 19,76,424 crore in 2021-22, which is 23% higher than the revised estimates of 2020-21.

What is the total budget of India in the year 2019 2020?

Total Expenditure: The government is estimated to spend Rs 27,86,349 crore during 2019-20. This is 13.4% more the revised estimate of 2018-19.

Who presented the Budget 2019-20?

Ms Nirmala SitharamanThe Union Budget for 2019-20 was announced by Ms Nirmala Sitharaman, Minister for Finance and Corporate Affairs, Government of India, in Parliament on July 05, 2019. India is all set to become US$ 3 trillion economy by the end of FY20.

Which is the No 1 state of India?

PAC Ranking 2020: Kerala, Tamil Nadu named best-governed states, Uttar Pradesh placed at bottom. Bengaluru: The Public Affairs Index-2020 ranked Kerala as the best-governed state in the country. The rankings were released by the Public Affairs Centre (PAC) in Bengaluru.

Which state is tax free in India?

As per section 10(26) of the Income Tax Act, a member of a Scheduled Tribe residing in any area specified in the Sixth Schedule of the Constitution – which covers autonomous administrative areas like Dima Hasao, Karbi Anglong and Bodoland Territorial Area District in Assam, and the Khasi, Jaintia and Garo hills in …