Composite Development Index

Raghuram Rajan panel, which submitted its report to the Centre in September 2013, calls for ending special category criteria to provide additional aid to poorer states. The Committee had made a case for ending the special category criteria for providing additional assistance to poorer states. The committee suggested a new methodology for devolving funds on states based on a ‘Multi Dimensional Index (MDI)’.

• The Panel has ranked Goa and Kerala as the most advanced state and Odisha and Bihar the least.
• The committee has suggested that the 28 states be split into three categories - least developed, less developed and relatively ....