Maharashtra is the biggest economy stated by the credit rating agency Brickwork Ratings.The results are accounted in terms of gross state domestic report (GSDP).
Top 3 states in terms of GSDP
1. Maharashtra
2. Tamil Nadu
3. Uttar Pradesh
Top 3 states in terms of Tax revenues
1. Maharashtra (approximately 70 per cent of its total receipts through tax revenues)
2. Gujarat
3. Tamil Nadu
Rating Criteria: - political, economic, budgetary, financial and institutional parameters.
Other Findings
- Karnataka leads in the growth of services sector.
- Maharashtra’s infant mortality rate (IMR) of 25 is below the national average for all states.
- The three fastest-growing states are Bihar,Madhya Pradesh and Goa.