Financial Dynamics of Major Indian States
Journal Title: International Journal of Economics, Commerce and Research (IJECR) - Year 2017, Vol 7, Issue 1
Abstract
The current study aims to measure the financial dynamics Index of the different states of India and also to make a comparative analysis of Indian States on the basis of financial indicators. The relationship between various financial indicators has also been measured. The study is purely based on the secondary data derived from the website of National planning commission of India, Reserve bank of India, government of India, newspapers, and economic survey reports of the states and official websites of each of the selected states of India. The secondary data has been collected for a period of five years from 2009-10 to 2013-14. It was found from the study that the financial performance of selected states from different regions is different which clearly shows the regional imbalance in Indian economy. GSDP and NSDP both have shown increase in terms of amount thus it show that development level of Indian states are increasing. Maharashtra has found to be top performing states among the selected states of India at financial level while west Bengal has found to be the lowest performing.
Authors and Affiliations
SATBIR SINGH, VINAY MEHALA
Keywords
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