I did everything on the discussions forums.
1. Cleaned the corners of my trackpad and my trackpad as well. Not the issue. I keep my mac clean.
2. People suggest there might be water or humidity on the trackpad. Even though this isnt incorrect, it is *not* the case after Maverick upgrade.
Moreover this is the kind of suggestion that telephone support representatives offer for windows users. "Did you reboot your machine"? It might solve may novice users problem, I doubt it will rarely solve anyone's problem here.
3. I used the palm on the trackpad approach. This is to keep your palm on the trackpad, gently applying pressure for 12 secs. This solves the problem temporarily. Comes back again. For me I had to do this atleast 3 times a day.
4 -- The only actual resolution is to go back to mountain lion. I did it and happy now (for 2 months). No more trackpad going bezerk. Find out how to go back to mountain lion. I dont know if I can post the means here.
I cant believe why apple will let us down like this. Atleast give an option to rollback or provide a fix. Other than that, Mavericks is generally a lot slower than mountain lion.