Gujarat, Madhya Pradesh and Haryana were the top three fastest growing states in the last four fiscals, while Punjab, UP and Kerala featured in the bottom three. There are wide divergences in state-level performance as they are getting exposed to increasing competition, said the report titled ‘States of Growth’ by ratings firm Crisil. The performance of states was gauged on parameters like growth, inflation and fiscal health. Gujarat was the top performer in construction and manufacturing growth, while Chhattisgarh and Haryana were among the top performers in manufacturing and trade, transportation and communication services. On price rise front, inflation in 11 major states fell faster than all-India average. In fastest growing Gujarat, Haryana and Madhya Pradesh, it stayed below national average of 6.8 per cent.

(Financial Express)