New Delhi: Goa has emerged as the most competitive state in the country with a high income and consumption pattern, according to a report by a think tank
Institute for Competitiveness.
While the small state in Western India has secured the top slot for 2011, Delhi and Maharashtra have dropped one slot
each as against their position in the previous year to take
the second and third position, respectively, IFC`s State
Competitiveness Report said.
"Goa ranks number one as the most competitive state in
the nation. Income, consumption and demographics have played
the most critical role in Goa`s ascendance," it said.
"Delhi and Maharashtra have dropped one place each to the
second and third position, respectively, from last year," IFC
added.
Among the middle income states, Gujarat has emerged as
the best. IFC credits the state performance to its focus on
providing business incentives, improving physical and
communication infrastructure as well as the state`s healthy
financial condition.
"Rajasthan has topped the rankings among low-income
states owing to its high income and consumption capability. It
has also scored the highest in communication infrastructure
and human capacity," it added.
In the list of low-income states, Assam, Nagaland and
Manipur top the list with high human capacity.
"Punjab, which ranks very high on factors such as
innovation and communication, has lagged behind in its ranking
on parameters of income and consumption, supplier
sophistication and administration, over the last few years,"
IFC said.
The Gurgaon-based IFC releases the India State
Competitiveness Report on an annual basis.
PTI
