According to a report filed by the analytical firm Crisil, Kerala, Punjab and Gujarat are the India’s most equitable and prosperous states. The equality index is measured in the differences in the living standard between the capital city and the rest of the state. Kerala is number one in this case.
Prosperity is measured on the average standard of living on the basis of the proportion of households owing four durable assets viz.television, computer, phone and automobile. In this case, Punjab is treated as the most prosperous state. This growth in Punjab is considered due to the improved and increased agricultural growth. In Kerala, it is due to the remittances from Keralites working outside India.
Maharashtra has the highest level of real income per person in the whole of the country, but is far behind in terms of equality. Haryana, Karnataka and T.Nadu are above Gujarat in prosperity index, but could not compete in the equality index.
Kerala, Punjab and Gujarat the most equitable prosperous states
11 Monday Nov 2013
Posted in General
Can you explain and highlight the prosperity index and equity index Sir. Could not folllow
There are many criterion. But the calculation seems to be as follows:Highest Prosperity is assessed mainly on four counts, just like having Car, TV, Mobile and house. The equality is taken on the basis of the relative difference between the rich and the poor.
thank you sir