Top 10 Indian States for Economic Freedom

Madhya Pradesh
Madhya Pradesh has shown a progressive increase in its economic freedom ratio from 0.42 to 0.56, it has moved up from sixth place in 2009 to third place in 2011. It is considered one of the best governed states in India The state shows an overall improvement with improved police investigations and decreased number of economic crimes. The legal structure has been given the credit for this state’s overall improvement. However over the years since 2005 the size of the government has increased, from 0.39 rating to 0.42, placing Madhya Pradesh at the nineteenth position on the size of government list.

Haryana
Haryana is at the fourth place on the economic freedom rating list with a ratio of 0.55 in 2011 from 0.47 in 2009. Haryana has shown a fast growth rate among the other Indian states and has also received large investments. The investments are acquired in the manufacturing and service industries.  Haryana with its high economic growth is growing into one of India’s economic center. Haryana has managed to achieve it without much increase in the size of its government.

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