North Eastern states are among toppers when it comes to COVID management along with Bihar and Uttar Pradesh. But when it comes to implementing various government schemes, Uttar Pradesh, Gujarat and Maharashtra top the rankings according to a report by State Bank of India’s research team.
In their study, the SBI team ranked the states on the basis of performance on three broad categories, COVID management, macro parameters -fiscal parameters and CPI- and performance of states on central government schemes.
For Macro indicators, SBI economists used the deviation of GST collection from state budget estimates, market borrowing and CPI inflation are used. Here, north-east, Himachal Pradesh and Madhya Pradesh have performed better. While Bihar, Andhra Pradesh and West Bengal are at the bottom.
By combining the scores attained on each of the three parameters, states’ ranking reveals that North Eastern States are at the top, followed by Uttar Pradesh and Madhya Pradesh. Chhattisgarh, West Bengal and Himachal Pradesh come at the bottom
For assessing COVID management, the economists used four indicators- gap between the actual number of cases and estimated cases based on SBI’s internal model `2 SLS’ results, possible number of underreporting of cases, recovery rate and death rate. The results show that North East tops the list followed by Bihar and Uttar Pradesh. Meanwhile, Rajasthan, Maharashtra and Himachal Pradesh are at the bottom of the list.
On implementation of central government schemes, performance for five schemes, one nation one card, PM Svanidhi, PM Samman, ECLGS and PMAY were considered. Ranking of states on the basis of these schemes indicates Uttar Pradesh, Gujarat and Maharashtra are at the top. Meanwhile, Goa, West Bengal and Chhattisgarh are at the bottom.
Post COVID lockdown, five states- Maharashtra, Delhi, UP, Karnataka and Telangana accounted for more than 50% of the new registered companies. In Manufacturing, sectors such as Food, Metal & Chemicals and Machinery and Equipment reported major registrations, the report said.