Nagaland ranks amongst the lowest in NSE’s State of States Index

NEW DELHI, OCT 8 (AGENCIES): | Publish Date: 10/8/2020 2:09:15 PM IST

 Nagaland has performed extremely poor with lowest financial inclusion, poor state in agriculture, fiscal health and human development indicators in the recently concluded National Stock Exchange (NSE)’s State of States Index (SSI).

Manipur performed poorly in agricultural sector, financial inclusion as well as on fiscal health, Assam ranked lowest in infrastructure development and its performance was poor in agriculture and human development. SSI is based on multiple dimensions of fiscal health, state of agriculture, development of non-agricultural sectors, infrastructure, human development and financial inclusion.

Delhi bagged top position in SSI. The union territory performed significantly well across all dimensions except human development indicators, as per NSE report. SSI, that seeks to measure the performance of a state on multiple indicators, calculated the overall performance of Indian states across multiple dimensions and ranked them through a performance score.

Goa and Haryana performed well in economic development and financial inclusion.

Among others, Kerala and Tamil Nadu performed remarkably well in economic and human development indicators, even as they were laggards in fiscal health, infrastructure and financial inclusion.

Besides, Punjab scored well on the back of agriculture and relatively high human development score.

Maharashtra performed well in fiscal health, non-farm sectors and financial inclusion, despite of lagging in agriculture and human development. Karnataka and Gujarat also performed similarly across all categories. Among others, West Bengal and Andhra Pradesh have done somewhat similar with the help of agricultural development and financial inclusion.

Among other poor performers, Rajasthan and Jharkhand were failed on multiple dimensions. Rajasthan scored lowest in fiscal health amid rise in outstanding debt and high fiscal deficits.

The score for each dimension was calculated as an average of all normalised indicators using equal weightage. SSI index was then calculated as a simple average of all those scores across six categories, and states were placed in four bands - excellent, good, average and poor.

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