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Maharashtra top performer on finances, social indicators, finds study

The rankings, released by CareEdge also painted a favorable picture of Gujarat, while India's most industrialised state of Tamil Nadu ranked third with an edge in social and governance categories

A view of deserted Gateway of India in the wake of coronavirus pandemic, in Mumbai
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Anup Roy | Bloomberg
India’s richest province of Maharashtra is the nation’s best performer, state rankings released by a domestic credit rating company showed, highlighting its robust position on finances and social indicators.
 
The rankings, released by CareEdge — research arm of Care Ratings Ltd. — also painted a favorable picture of Prime Minister Narendra Modi’s home state of Gujarat that boasted of robust economic growth and fiscal management, while India’s most industrialized state of Tamil Nadu ranked third with an edge in social and governance categories.



“Maharashtra, the financial capital of the country, tops the ranking with a