New Delhi: The Raghuram Rajan panel, in its report, has ranked Goa and Kerala as the most advanced state and Odisha and Bihar the least.
The committee, headed by the then Chief Economic Advisor Raghuram Rajan (now RBI governor) which was set up by the Central government amid demand for "special category" status by Bihar, suggested a new methodology for devolving funds on states based on a 'Multi Dimensional Index (MDI)'.
Based on the MDI scores, the 10 least developed states are Odisha, Bihar, Madhya Pradesh, Chhattisgarh, Jharkhand, Arunachal Pradesh, Assam, Meghalaya, Uttar Pradesh and Rajasthan.
The seven most developed status are Goa, Kerala, Tamil Nadu, Punjab, Maharashtra, Uttarakhand and Haryana.