Odisha, Chhattisgarh, Goa, and Jharkhand have been recognised as top-performing states in NITI Aayog’s first Fiscal Well being Index (FHI) report, launched on twenty fourth January 2025.
NITI Aayog’s first Fiscal Well being Index (FHI) ranked states for 2022-23, specializing in fiscal stability, public expenditure, revenues, and general monetary well being. Odisha, Chhattisgarh, Goa, and Jharkhand emerged as high performers, categorised as ‘achievers.’
The worst-performing states within the FHI report, together with Punjab, Andhra Pradesh, West Bengal, and Kerala, face important fiscal challenges and are listed below the ‘aspirational’ class.
The ‘front-runners’ class contains Maharashtra, Uttar Pradesh, Telangana, Madhya Pradesh, and Karnataka, displaying sturdy fiscal well being with excessive developmental expenditure and constant tax income progress.
States like Tamil Nadu, Bihar, Rajasthan, and Haryana have been categorised as ‘performers,’ displaying higher fiscal administration than aspirational states however not as sturdy as the highest performers.
Odisha ranked the very best in fiscal well being with the very best debt index and sustainability scores, excelling in income mobilisation and budgetary administration.
Kerala and Punjab wrestle with debt sustainability, whereas West Bengal faces income mobilisation points. Andhra Pradesh has a excessive fiscal deficit, and Haryana’s debt profile is weak.
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