ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by B A PrakashSubscribe to B A Prakash

Kerala’s Unprecedented Fiscal Crisis and the State Budget of 2023−24

Kerala has been experiencing a persistent, acute and unprecedented fiscal crisis. The persistent failure of successive budgets to address the causes of the fiscal crisis mentioned in the white paper on state finances of 2016 on two fronts, namely expenditure control and resource mobilisation, are major reasons for the crisis. The huge increase in revenue expenditure due to the revision of salary and pension once in five years is another major reason. The other factors that contributed to the crisis are the fall in the share of central taxes due to the Fifteenth Finance Commission, the stoppage of goods and services tax compensation, the lack of clear norms about the items coming under borrowing within the budget and outside the budget and the lack of clarity on inclusion of items in the public account.

Fiscal Decentralisation and Finances of Gram Panchayats and Municipalities

Based on a sample of 56 gram panchayats and 14 municipalities, it is concluded that the fiscal decentralisation implemented in Kerala is partial. In the case of intergovernmental fiscal transfers through state finance commissions, there has been delayed implementation of SFC reports, rejection of devolution recommendations, implementation of very few recommendations and non-implementation of accepted recommendations indicating a distorted implementation of fiscal decentralisation. B

Rejection of Kerala’s Fifth State Finance Commission Recommendations

The recent large-scale rejection of the devolution recommendations of the Fifth State Finance Commission by the Kerala government reflects a reversal of past progress, and a move towards fiscal centralisation.

International Migration from Kerala and Its Impact

Researching International Migration: Lessons from the Kerala Experienceby K C Zachariah and S Irudaya Rajan, London and New Delhi: Routledge, 2015; pp xv+272, Rs 795.

Indian Workers in UAE

The United Arab Emirates once formed a principal destination for Indian emigrants in search of jobs. But the fear of a rapid demographic imbalance has prompted a policy shift - 'emiritisation' - which has led to a decline in numbers of unskilled and skilled emigrant workers from India. This article examines the state of Indian emigrant labour to the UAE, the structure and conditions of employment.

Urban Unemployment in Kerala

This study examines the incidence, type and characteristics of urban employment in Kerala's second largest city, and to offer some clues to explain the high rate of joblessness. According to the results of a sample survey, the urbanisation of Kochi has been associated with a process of casualisation of labour, and failure to generate rapid growth of regular employment in the modern organised sector. Besides, joblessness is found to be basically a problem of educated youth, leading to their migration to other parts of India and abroad in search of employment.

Exodus of Gulf Emigrants

It is estimated that more than 10 lakh emigrants are likely to return to Kerala between 1998 and 2002. Such a large return of emigrants will have severe socio-economic implications for this state. This study, based on Varkala town in Kerala, focuses on the problems that arise with this return of emigrants and suggests relevant policy measures.

Gulf Migration and Its Economic Impact-The Kerala Experience

The Kerala Experience B A Prakash Inflow of large amount of Gulf remittances and its spending has resulted in unprecedented economic changes since mid-1970s in poor and industrially backward economy of Kerala. The Gulf migration has helped the migrant households to attain higher levels of income, consumption and acquisition of assets, resulting in overall reduction of poverty in Kerala. But, on the other hand, the Gulf remittances have also pushed up prices of land, construction material, consumer foods and charges on health, education and transport, adversely affecting non-migrant households belonging to poor, middle class and fixed income groups.

Private Financing Firms in Kerala A Study

A Study B A Prakash Since the beginning of the 1980s there has been a phenomenal growth in private financing institutions in Kerala. This study, based on a survey of these firms in Trichur town, seeks to examine the factors which contributed to the emergence of these institutions, the method of their functioning and their importance as a parallel banking system, Trichur has over 1,500 such firms attracting deposits totalling around Rs 100 crore.

Impact of Foreign Remittances-A Case Study of Chavakkad Village in Kerala

Impact of Foreign Remittances A Case Study of Chavakkad Village in Kerala B A Prakash An attempt is made in this study to examine the impact of foreign remittances on the economic and social life of Kerala. The study is based on a survey of 95 households in Chavakkad village in Trichur district.

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