Comparative analysis of macro-performance of Indian states: meaningful lessons

Indian economy has shifted to higher growth trajectory since the beginning of 21st century, largely credited to the economic reforms of 1990s. The country has in practice federal system, empowering state governments to manage the economic system, and most of them are headings towards market-enabling economic environment. This phenomenon motivates the researchers to investigate that how Indian states have performed on macro-economic front in this new changed environment. Present study uses the Wroclaw taxonomic method to make the comparative assessment of economic activities at regional level in India so as to draw the meaningful lessons for the poor performing regions. It is found that the states namely Gujarat, Goa and Maharashtra are classified as resilient states. Over the period of time Orissa, Jharkhand, Chhattisgarh and Madhya Pradesh had shown more catch-up effect as compared to other states. The low ranked states include WB, Bihar, Kerala and Punjab.