With a cumulative score of 67.8, Odisha has topped the ranking in fiscal health among 18 major states, followed by Chhattisgarh and Goa with scores of 55.2 and 53.6, respectively, according to Fiscal Health Index-2025 released by chairman of 16th Finance Commission Arvind Pangariya on Friday.
The achiever states display strong fiscal health, excelling in revenue mobilisation, expenditure management, and debt sustainability, the index said.
Improvements are seen in states like Jharkhand, which has strengthened fiscal prudence and debt sustainability, while Karnataka faces a decline due to weaker performance in expenditure quality and debt management, it further said.
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