NITI Aayog Fiscal Health Index 2026: Jharkhand Emerges as ‘Achiever’ State with Strong Revenue Growth and Fiscal Discipline

Jharkhand has emerged as one of the country’s top three performers in the Fiscal Health Index 2026 released by the NITI Aayog, securing a place in the ‘Achiever’ category alongside Odisha and Goa for its performance during the financial year 2023-24, said a press communique issued by the state government.

Prudent Fiscal Management: Tax Revenues Cross 60% Mark

According to the index, the state’s strong showing was driven by prudent fiscal management, robust resource mobilisation, and balanced expenditure. Jharkhand maintained tax revenues at more than 60 per cent of its total revenue, reflecting a strong revenue mobilisation framework, while also improving collections from non-tax sources.

Infrastructure Push: Capital Expenditure and Debt Stability

The report also highlighted the state’s fiscal discipline. Jharkhand kept its fiscal deficit below the prescribed limit of 3 per cent of the Gross State Domestic Product (GSDP), indicating sound financial management.

The state continued to prioritise development-oriented spending by maintaining capital expenditure at around 4-5 per cent of GSDP, a move expected to strengthen infrastructure and support long-term economic growth.

Jharkhand also performed well in debt management. Its outstanding debt remained below 25 per cent of GSDP, while interest payment obligations were kept under control, reflecting a stable fiscal position.

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