NEWS – Karnataka is among the top three states ranked on the basis of 50 parameters across economic, fiscal and social pillars, as per the latest state ranking report released by CareEdge Ratings

HIGHLIGHTS

Overall Rankings (Group A – Larger States)

• 1st: Maharashtra
• 2nd: Gujarat
• 3rd: Karnataka
• 4th to 8th: Telangana, Tamil Nadu, Haryana, Kerala, Andhra Pradesh
• Bottom Rank: Bihar

Regional Highlights

• Western States: Strong in fiscal, economic, and financial development
• Southern States: Excelled in economic, financial development, environment, and governance

Assessment Framework

 Methodology

• Based on 50 parameters
• Covers economic, fiscal, and social pillars
• Focus on sustainable and equitable growth
• Indicates investment attractiveness of states

Purpose

• To give a holistic picture of state performance
• Designed to encourage informed decision-making

Categorisation of States

 Group A: Larger States

• Includes major Indian states like Maharashtra, Karnataka, Tamil Nadu, etc.

 Group B: North-East, Hilly & Small States

• Top Performer: Goa
• Goa scored high in financial development, infrastructure, social, fiscal, and economic indicators

 Excluded

• Union Territories not included in the analysis

About the Report

• Publisher: CareEdge Ratings
• Chief Economist: Rajani Sinha
• Edition: 2nd (2025)
• Previous Edition: Released in 2023
• Note: Reports not comparable due to changes in methodology and indicators