Between 2009-11 and 2012-14, ASSOCHAM (Associated Chambers of Commerce & Industry of India) conducted studies to determine the best performing state in various parameters such as roads, electricity and income equality.
Total of 9 parameters were studied by ASSOCHAM, which are: Electricity, Economy, Power, Income & equality, Industrial development, Roads, Health, Business friendliness, and Overall development.
For calculating income and quality, the study observed the per capita income, base and its growth, monthly per capita consumption expenditure of the citizens from a state. Factors such as infant mortality rate, government expenditure on health campaigns were considered for health parameter. For calculating industrial development, the report studied the growth of entrepreneurship, MSME engagement among other factors.
The research concluded that Tamil Nadu is India’s best performing state in terms of 8 out of 9 parameters. Kerala was at close 2nd.
Some highlights:
Kerala: The study found that in terms of overall development, income and removing inequality, health, roads and overall development, Kerala is the best performing state, which makes it as 2nd best state of India.
Odisha & West Bengal: These two states emerged as best performing state in terms of electricity and availability of roads; which according to the report, are the foundations for creating overall development. ASSOCHAM President Mr Rana Kapoor said, “Both these states, now need to put in place a favorable investment climate through policy interventions on land acquisition and other clearances and they could do much better,”
Industrial Development: The best performing state for encouraging industries in India are: Gujarat, Tamil Nadu, Maharashtra, Karnataka, Rajasthan, Uttar Pradesh and Madhya Pradesh
Health: Governments of Kerala, West Bengal, Tamil Nadu, Bihar, Uttar Pradesh, and Karnataka emerged as best for taking care of their citizen’s health as they came out with maximum health campaigns and subsidies.
Income Equality: The states where income is being equally distributed are: Kerala, Telangana, Haryana, Himachal Pradesh, Andhra Pradesh, and Punjab. Equal distribution of wealth means that crime rate is going to be low, more people will get opportunities to grow and there will be less corruption. Interestingly, if we remove Andhra Pradesh from this list, then all the states with equal income are small in size.
If we observe the states with highest GDP (Gross Domestic Product), then its Maharashtra with GDP of $233 billion, meanwhile Union Territory Lakshadweep has the smallest GDP of $60 million. In terms of population, Uttar Pradesh with 199 million people is the most populated state of India, and with 607,688 people, Sikkim is least populated state. With 11% growth, Madhya Pradesh is the fastest growing state of India.
You can find the complete press release by ASSOCHAM here.
