Odisha Tops India’s Fiscal Performance List
Top 10 States in Fiscal Health Index 2025: Odisha Leads with Strong Financial Governance: Odisha has claimed the top spot in the Fiscal Health Index (FHI) 2025, released by NITI Aayog, thanks to its effective debt management, strong revenue mobilization, and prudent fiscal planning. With a score of 67.8, Odisha outshines other states by showcasing a disciplined and future-ready financial strategy.
Chhattisgarh and Goa Among Top Three
Chhattisgarh secured the second position for its well-balanced budgeting practices and emphasis on sustainable spending. Goa followed in third place, distinguished by its impressive revenue generation performance, despite being one of India’s smaller states in terms of area and population.
Broader Trends: States That Excelled
States like Jharkhand, Gujarat, and Maharashtra have also made their mark by effectively managing expenditures and maintaining fiscal discipline. These improvements have enabled better resource allocation toward social services such as healthcare, education, and infrastructure—key drivers of inclusive development.
What the Fiscal Health Index Measures
The Fiscal Health Index (FHI) serves as a comprehensive metric developed by NITI Aayog to evaluate how well Indian states manage their budgets, debt levels, and public investment efficiency. It offers insights into each state’s financial integrity and helps promote responsible governance and inter-state competitiveness in fiscal policy.
STATIC GK SNAPSHOT
Top 10 States in Fiscal Health Index 2025: Odisha Leads with Strong Financial Governance:
| Rank | State | FHI Score | Key Strengths |
| 1 | Odisha | 67.8 | Debt Control, Revenue Growth |
| 2 | Chhattisgarh | 55.2 | Balanced Spending, Low Debt |
| 3 | Goa | 53.6 | High Revenue Collection |
| 4 | Jharkhand | 51.6 | Fiscal Prudence, Moderate Debt |
| 5 | Gujarat | 50.5 | Efficient Expenditure, Debt Stability |
| 6 | Maharashtra | 50.3 | Strong Revenue Base, Effective Spending |
| 7 | Uttar Pradesh | 45.9 | Debt Sustainability Measures |
| 8 | Telangana | 43.6 | Excellent Revenue Mobilization |
| 9 | Madhya Pradesh | 42.2 | High Quality of Public Expenditure |
| 10 | Karnataka | 40.8 | Controlled Spending, Low Fiscal Burden |
