India states
NITI AayogFY 2023-2428 States

Fiscal Health Index

NITI Aayog's Fiscal Health Index assesses states across five pillars — quality of expenditure, revenue mobilisation, fiscal prudence, debt index, and debt sustainability. 18 major states and 10 NE/Himalayan states are ranked separately using CAG data for FY 2023-24.

CAG data sourced

28 states ranked across 5 pillars with decadal trend data from 2014-15. Categories: Achiever, Front Runner, Performer, Aspirational.

Major states and NE/Himalayan states are ranked separately due to structural differences in fiscal capacity, geography, and revenue bases. NE/Himalayan states use additional indicators (committed expenditure, devolution dependence, interest-to-own-revenue). Scores are normalised 0-100 using 10-year best/worst benchmarks. Andhra Pradesh ranks 17th among 18 major states in the "Aspirational" category.

Top ranked

Odisha

Score: 73.1

Average FHI score

38.3

18 states

Achievers

3

OD, GA, JH

Aspirational

4

KL, WB, AP, PB

AchieverFront RunnerPerformerAspirational

Composite FHI Score — Major States

FY 2023-24 | Higher score = stronger fiscal health

#1OdishaAchiever73.1
#2GoaAchiever54.7
#3JharkhandAchiever50.5
#4GujaratFront Runner49.9
#5MaharashtraFront Runner45
#6ChhattisgarhFront Runner44.3
#7TelanganaFront Runner44.3
#8Uttar PradeshFront Runner41.9
#9KarnatakaFront Runner41.7
#10Madhya PradeshPerformer37.8
#11HaryanaPerformer34.5
#12BiharPerformer30.9
#13Tamil NaduPerformer29.8
#14RajasthanPerformer27.6
#15KeralaAspirational24.8
#16West BengalAspirational23.8
#17Andhra PradeshAspirational23.1
#18PunjabAspirational12.4

Pillar scores

Odisha71.2
Jharkhand66.3
Chhattisgarh60.8
Madhya Pradesh60.8
Bihar58.3
Telangana57.1
Uttar Pradesh50.9
Goa49.5
Gujarat48.7
Karnataka46.8
Rajasthan43.7
Andhra Pradesh43.1
West Bengal37.4
Maharashtra36.9
Haryana35.8
Tamil Nadu30.5
Punjab8.1
Kerala4.1
QualityRevenueFiscalDebtDebt

Andhra Pradesh — Pillar breakdown

Aspirational

Rank #17 of 18 | Score: 23.1

Quality of Expenditure43.1
Average: 45.0
Revenue Mobilisation21.7
Average: 41.1
Fiscal Prudence9.9
Average: 30.0
Debt Index36.6
Average: 50.6
Debt Sustainability4.2
Average: 24.9

FHI score trend (2014-15 to 2023-24)

3-year period averages and latest single-year score with rank

State2014-172017-202020-232023-24Change
Odisha
51.8(#2)
47.8(#1)
66.4(#1)
73.1(#1)
+21.3
Goa
52.6(#1)
41.3(#5)
38.2(#6)
54.7(#2)
+2.1
Jharkhand
36.8(#13)
37.1(#9)
41.6(#3)
50.5(#3)
+13.7
Gujarat
46.1(#6)
40.4(#6)
39.7(#5)
49.9(#4)
+3.8
Maharashtra
37.7(#12)
46.2(#2)
41.0(#4)
45.0(#5)
+7.3
Chhattisgarh
49.2(#4)
36.5(#10)
44.5(#2)
44.3(#6)
-4.9
Telangana
45.0(#7)
40.1(#7)
34.8(#9)
44.3(#7)
-0.7
Uttar Pradesh
40.5(#8)
43.2(#3)
36.3(#7)
41.9(#8)
+1.4
Karnataka
50.7(#3)
42.9(#4)
35.5(#8)
41.7(#9)
-9.0
Madhya Pradesh
48.2(#5)
38.2(#8)
33.5(#10)
37.8(#10)
-10.4
Haryana
31.9(#14)
28.4(#13)
22.6(#13)
34.5(#11)
+2.6
Bihar
38.6(#10)
34.8(#11)
23.1(#11)
30.9(#12)
-7.7
Tamil Nadu
40.5(#9)
31.5(#12)
23.0(#12)
29.8(#13)
-10.7
Rajasthan
29.0(#16)
27.2(#14)
22.2(#14)
27.6(#14)
-1.4
Kerala
30.8(#15)
23.0(#16)
17.4(#16)
24.8(#15)
-6.0
West Bengal
22.0(#17)
22.4(#17)
15.5(#17)
23.8(#16)
+1.8
Andhra Pradesh
37.9(#11)
26.5(#15)
20.7(#15)
23.1(#17)
-14.8
Punjab
19.9(#18)
14.3(#18)
7.8(#18)
12.4(#18)
-7.5
Category
#1Odisha73.1Achiever71.280.358.795.859.5
#2Goa54.7Achiever49.580.445.056.841.9
#3Jharkhand50.5Achiever66.337.654.467.926.3
#4Gujarat49.9Front Runner48.744.851.574.230.2
#5Maharashtra45Front Runner36.952.735.276.024.3
#6Chhattisgarh44.3Front Runner60.848.48.472.531.5
#7Telangana44.3Front Runner57.160.830.053.520.0
#8Uttar Pradesh41.9Front Runner50.928.138.860.231.7
#9Karnataka41.7Front Runner46.843.233.161.424.1
#10Madhya Pradesh37.8Performer60.832.035.158.92.2
#11Haryana34.5Performer35.848.027.332.828.7
#12Bihar30.9Performer58.32.927.448.017.8
#13Tamil Nadu29.8Performer30.539.821.539.118.2
#14Rajasthan27.6Performer43.729.411.332.121.5
#15Kerala24.8Aspirational4.147.824.023.324.8
#16West Bengal23.8Aspirational37.412.922.720.125.6
#17Andhra Pradesh23.1Aspirational43.121.79.936.64.2
#18Punjab12.4Aspirational8.129.85.92.115.9

Methodology

Arithmetic mean of 5 major sub-indices (Quality of Expenditure, Revenue Mobilisation, Fiscal Prudence, Debt Index, Debt Sustainability), each computed from normalised minor sub-indices using CAG data.

Scores range 0-100. Major states (18) and NE/Himalayan states (10) ranked separately. Categories: Achiever (>50), Front Runner (>40-50), Performer (>25-40), Aspirational (<=25).

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