Report of the committee for evolving a composite development index of states (Raghuram Rajan Panel report)

The level of development of a state is likely to be the consequence of a complex set of historical, cultural, and sociological factors. An explicit government objective was to have a more egalitarian society, coupled with balanced development of different regions. Despite taking a number of steps to reduce the regional disparities, substantial differences in development still exist between states. In order to address this issue, the Government in May 2013, decided to constitute an Expert Committee to consider backwardness of the States for evolving a Composite Development Index of States.

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