{"id":36202,"date":"2025-01-25T19:47:56","date_gmt":"2025-01-25T14:17:56","guid":{"rendered":"https:\/\/www.nextias.com\/ca\/?p=36202"},"modified":"2025-01-25T19:47:57","modified_gmt":"2025-01-25T14:17:57","slug":"fiscal-health-index-fhi-report","status":"publish","type":"post","link":"https:\/\/www.nextias.com\/ca\/current-affairs\/25-01-2025\/fiscal-health-index-fhi-report","title":{"rendered":"Fiscal Health Index (FHI) Report"},"content":{"rendered":"\n<p><strong>Syllabus: GS2\/Polity and Governance<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Context<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>NITI Aayog has released the first Fiscal Health Index (FHI) report.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The report titled \u201cFiscal Health Index 2025\u201d ranked States for 2022-23.<\/li>\n\n\n\n<li><strong>It covers 18 major States<\/strong> that drive the Indian economy in terms of their contribution to India\u2019s GDP, demography, total public expenditure, revenues, and overall fiscal stability.<\/li>\n\n\n\n<li>It will be an annual publication and offers a systematic approach to assess the state\u2019s fiscal health, identify areas for improvement, and promote best practices across states.\u00a0\u00a0<\/li>\n\n\n\n<li><strong>Sub Indices: <\/strong>Quality of Expenditure, Revenue Mobilisation, Fiscal Prudence, Debt Index, and Debt Sustainability.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Major Findings<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Top Performing: <\/strong>Odisha, Chhattisgarh, Goa, Jharkhand and Gujarat have emerged as top-performing \u2018achievers\u2019 among the States.\n<ul class=\"wp-block-list\">\n<li>It displays strong fiscal health, excelling in revenue mobilization, expenditure management, and debt sustainability.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Aspirational States: <\/strong>Haryana, Kerala, West Bengal, Andhra Pradesh, and Punjab.\n<ul class=\"wp-block-list\">\n<li>These states face high debt, large interest payments, weak revenue generation, and inefficiencies in capital expenditure, with reliance on non-tax revenue impacting their fiscal health and rankings.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img data-dominant-color=\"e6e6e7\" data-has-transparency=\"false\" loading=\"lazy\" decoding=\"async\" width=\"585\" height=\"174\" src=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/01\/fhi-score.webp\" alt=\"fhi-score\" class=\"not-transparent wp-image-36203\" style=\"--dominant-color: #e6e6e7; width:517px;height:auto\" srcset=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/01\/fhi-score.webp 585w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/01\/fhi-score-300x89.webp 300w\" sizes=\"auto, (max-width: 585px) 100vw, 585px\" \/><\/figure>\n<\/div>\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img data-dominant-color=\"d8d8db\" data-has-transparency=\"false\" loading=\"lazy\" decoding=\"async\" width=\"547\" height=\"542\" src=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/01\/fine-balance.webp\" alt=\"fine-balance\" class=\"not-transparent wp-image-36204\" style=\"--dominant-color: #d8d8db; width:369px;height:auto\" srcset=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/01\/fine-balance.webp 547w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/01\/fine-balance-300x297.webp 300w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/01\/fine-balance-150x150.webp 150w\" sizes=\"auto, (max-width: 547px) 100vw, 547px\" \/><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The report will be instrumental in helping policymakers make informed decisions.<\/li>\n\n\n\n<li>There is a need for the States to follow a stable fiscal path for balanced regional development, long-term fiscal sustainability, and prudent governance.<\/li>\n\n\n\n<li>The FHI report helps to promote a more integrated approach to fiscal health reinforcing the shared responsibility of both levels of government.<\/li>\n<\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/pib.gov.in\/PressReleaseIframePage.aspx?PRID=2095974\" target=\"_blank\" rel=\"noopener\"><strong>PIB<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NITI Aayog has released the first Fiscal Health Index (FHI) report.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-36202","post","type-post","status-publish","format-standard","hentry","category-current-affairs"],"acf":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/36202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/comments?post=36202"}],"version-history":[{"count":1,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/36202\/revisions"}],"predecessor-version":[{"id":36205,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/36202\/revisions\/36205"}],"wp:attachment":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/media?parent=36202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/categories?post=36202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/tags?post=36202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}