19.3.14

Economic Freedom of Top 10 States


The Economic Freedom of the States of India report 2013 has shown that the Narendra Modi-helmed Gujarat remains at number one. This is an index that measures governance, growth, citizens' rights, and labour and business regulation among the country's 20 largest states. Equally, Bihar gets a huge vote of affirmation for the work done by Nitish Kumar since he took over as chief minister (CM) in 2005.
The report states that Gujarat has widened its lead at the top of the economic freedom table with an index score of 0.65 (on a scale from 0 to 1.0) while Tamil Nadu remains in second position with 0.54.
The annual report estimates economic freedom based on data for 2013 using a methodology adapted from the Fraser Institute's Economic Freedom of the World (EFW) annual reports.The three states recording the fastest improvement in economic freedom have been among the fastest-growing states.

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