Economic Freedom For States of India (2005)

(Rajiv Gandhi Institute for Contemporary Studies (RGICS),Friedrich Naumann Stiftung)
Economic Freedom Index,
Principal Component Analysis (PCA),
Revenue Expenditure,
Administrative GDP,
Special Economic zones,
Industrial Entrepreneurs Memorandum,
IPC crimes,
The Economic Freedom Index considers:- “freedom in terms of personal choice, voluntary exchange, freedom to compete, protection of persons and property and availability of legal and monetary arrangements that not only protect property rights of owners, but also ensures an even handed enforcement of contracts”. The purpose of this study is to provide a rating for every state in terms of economic freedom. It also highlights the changes in ranking of the states compared to the previous year and investigates the causes for change. For instance, while Gujarat has moved down from the first to second place mainly due to degradation in legal structure, Bihar, Assam and Uttaranchal have continued to rank at the bottom.
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Category:-Governance and State
Sponsor:-Rajiv Gandhi Institute for Contemporary Studies (RGICS),Friedrich Naumann Stiftung
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