NITI Aayog plans new index to rank states on competitiveness1 min read . Updated: 27 Jan 2022, 06:01 AM IST
The idea is to pit states against one another in becoming more competitive, which could accelerate economic growth and help achieve the $5 trillion economy goal, said a person familiar with the development, adding that it was in the spirit of competitive federalism
Federal policy thinktank NITI Aayog will develop a state competitiveness index that will go beyond the ease of getting approvals and licences and rank states on their overall resourcefulness in attracting investments.
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