The six-member expert committee headed by RBI governor Raghuram Rajan for fixing a new criterion for determining the backwardness of Indian states has submitted their report.<\/p>\n
According to the expert committee\u2019s report Kerala ranked the second most advanced states after Goa while Odisha, Bihar and Madhya Pradesh are the least developed states in the country.<\/p>\n
On the basis of the report, 28 states will be split into 3 categories – least developed, less developed and relatively developed – depending upon their ‘Multi Dimensional Index (MDI)’ scores. Based on the MDI scores, the 10 least developed states are Odisha, Bihar, Madhya Pradesh, Chhattisgarh, Jharkhand, Arunachal Pradesh, Assam, Meghalaya, Uttar Pradesh and Rajasthan.<\/p>\n
The seven most developed states are Goa, Kerala, Tamil Nadu, Punjab, Maharashtra, Uttrakhand and Haryana.<\/p>\n
Multi dimensional index of backwardness is based on per capita consumption, the poverty ratio, and a number of other measures which correspond to the various approaches to assess poverty outlined in the 12th Plan.<\/p>\n
The report will form the general method for allocating funds from the Centre to the States based on both State’s development needs as well as its development performance. The panel was formed by the Centre Government to finalise the new criteria to determine backwardness of states for granting special category status.<\/p>\n","protected":false},"excerpt":{"rendered":"
The six-member expert committee headed by RBI governor Raghuram Rajan for fixing a new criterion for determining the backwardness of Indian states has submitted their report. According to the expert committee\u2019s report Kerala ranked the second most advanced states after Goa while Odisha, Bihar and Madhya Pradesh are the least developed states in the country. […]<\/p>\n","protected":false},"author":44,"featured_media":14051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32,4],"tags":[35],"class_list":["post-14021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-city-news","category-general","tag-kerala"],"_links":{"self":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/posts\/14021"}],"collection":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/comments?post=14021"}],"version-history":[{"count":0,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/posts\/14021\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/media\/14051"}],"wp:attachment":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/media?parent=14021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/categories?post=14021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/tags?post=14021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}