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India2025-01en

FISCAL HEALTH INDEX 2025

Summary

Many Indian states face challenges like persistent fiscal deficits and varying financial performances, which necessitate reforms for stable economic growth. In response, NITI Aayog has launched the Fiscal Health Index (FHI), a structured framework designed to evaluate states' fiscal well-being using various indicators. This ongoing initiative aims to promote accountability and best practices across states, with the latest report for FY 2023 identifying Odisha, Chhattisgarh, Goa, Jharkhand, and Gujarat as top performers.

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