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Kerala's economy is highly dependent on which of the following for its fiscal stability?

ARemittances from Non-Resident Keralites.

BGrants and financial assistance from the Central Government.

CRevenue generated from the tourism sector.

DState's own tax and non-tax revenues.

Answer:

D. State's own tax and non-tax revenues.

Read Explanation:

  • A significant portion of the Kerala government's budget is funded through its own revenue generation, including taxes (SGST, excise) and non-tax sources like fees and royalties.


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Identify the key findings of the HCES 2022-23 regarding Kerala's consumption expenditure.

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