Kerala's
economy is predominantly agrarian in nature. In terms of
per capita income and production Kerala is lagging behind
many of the Indian States. But in terms of Human Development
Index and life standard of the people
Kerala
is much ahead of most other states in India, and, in fact,
in certain development indices it is on a par with some
of the developed countries.
This
peculiar paradox often termed as the KERALA PHENOMENON or
Kerala model of development by experts, which is mainly
owing to the performance of the State in the Service Sector.
