
Odisha Takes the Top Spot
expenditure quality, revenue mobilization, fiscal prudence, debt index, and debt sustainability.
Odisha's strong performance is attributed to its excellence in revenue mobilization, expenditure management, and debt sustainability. Other states with high scores include Chhattisgarh and Goa. The report also highlights improvements in states like Jharkhand, which has strengthened its fiscal prudence and debt sustainability. However, Karnataka faces a decline due to weaker performance in expenditure quality and debt management.
The FHI aims to shed light on the fiscal health of individual states and guide policy reforms for sustainable and resilient economic growth. The report emphasizes the need for states to follow a stable fiscal path for balanced regional development, long-term fiscal sustainability, and prudent governance.
The FHI report marks the launch of an annual series aimed at providing valuable insights into the fiscal health of Indian states. This data-driven approach will foster informed decision-making and policy interventions, assisting policymakers in identifying areas requiring intervention and strategic planning. The report underscores the shared responsibility of both central and state governments in achieving national prosperity.