27 Sep, 2013
Goa, Kerala most advanced states; Gujarat among ‘less developed’ – Hindustan Times
The Raghuram Rajan panel report has made a case for ending the ‘special category’ criteria for providing additional assistance to poorer states, as it ranked Goa and Kerala as the most advanced states and Odisha and Bihar the least.
The committee, headed by the then chief economic advisor Raghuram Rajan (now RBI governor) which was set up by the government amid demand for “special category” status by Bihar, suggested a new methodology for devolving funds on states based on a ‘Multi Dimensional Index (MDI)’.
Giving details of the report finance minister P Chidambaram on Thursday said the committee has suggested that the 28 states be split into three categories — least developed, less developed and relatively developed — depending upon their MDI scores.
Read the rest: Goa, Kerala most advanced states; Gujarat among ‘less developed’ – Hindustan Times.
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