News X : RBI Governor Raghuram Rajan 'Downgrades' Modi's Gujarat
A new development index has identified Gujarat as a less developed state, while ranking Odisha and Bihar along with eight others as "least developed" and Goa and Kerala among the seven "relatively developed" states.
A panel headed by Raghuram Rajan, now the RBI governor, which submitted its report to finance minister P Chidambaram, also recommended a fresh approach to devolution of funds to states and moved away from the special category classification to devise three categories - least developed, less developed and relatively developed. According to the index, there are 10 least developed states, 11 less developed and seven relatively developed states in the country.
Rajan's led panel reports though led to war of tweets between Modi's supporters and his critics
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A panel headed by Raghuram Rajan, now the RBI governor, which submitted its report to finance minister P Chidambaram, also recommended a fresh approach to devolution of funds to states and moved away from the special category classification to devise three categories - least developed, less developed and relatively developed. According to the index, there are 10 least developed states, 11 less developed and seven relatively developed states in the country.
Rajan's led panel reports though led to war of tweets between Modi's supporters and his critics
For More information on this news visit: http://www.newsx.com/
Connect with us on Social platform at: http://www.facebook.com/newsxonline
Subscribe to our YouTube Channel: http://www.youtube.com/newsxlive
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