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📍 Raipur, Chhattisgarh: According to the latest NITI Aayog report, Chhattisgarh has made a significant leap in fiscal health ranking, securing the second position among Indian states. This ranking highlights the state’s robust financial policies and stable economic management.
The Fiscal Health Index for 2022-23, released by NITI Aayog, places Chhattisgarh at the second position with 55.2 points, evaluated on five key fiscal parameters. Notably, Chhattisgarh has retained its second position for three consecutive years.
📌 Key Findings of the NITI Aayog Report:
✅ Chhattisgarh ranks second in India for fiscal health, surpassing major states like Gujarat, Maharashtra, and Karnataka.
✅ Five key fiscal indicators used for ranking: Expenditure Quality, Revenue Generation, Fiscal Prudence, Debt Index, and Debt Stability.
✅ 18 major states were included in the study, covering GDP contribution, public expenditure, revenue generation, and fiscal sustainability.
✅ Top 5 performing states: Odisha, Chhattisgarh, Goa, Jharkhand, and Gujarat.
✅ Bottom 5 states (Aspirational Category): Haryana, Kerala, West Bengal, Andhra Pradesh, and Punjab.
📌 Chhattisgarh’s Fiscal Performance (2022-23):
📊 Overall Score: 55.2
📊 Expenditure Quality Index: 55.1
📊 Revenue Generation: 56.5
📊 Fiscal Prudence: 56.0
📊 Debt Index: 79.6
📊 Debt Stability: 29.0
Chhattisgarh was classified as an “Achiever” in expenditure quality and a “Front Runner” in revenue generation, maintaining its second-place ranking since 2020-21.
This ranking underscores Chhattisgarh’s commitment to economic stability and sustainable fiscal management, positioning the state as a leader in financial governance and public spending efficiency.
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