Punjab Emerges As the Most-Affluent Indian States, Reports Crisil


The study said "Madhya Pradesh is the least prosperous state. Moreover, there is large disparity in living standards among households in Bhopal, as well as between Bhopal and the rest of the state. For example, 15 percent of households in the capital have all assets, which is comparable to Mumbai. However, over 12 percent of households in Bhopal have no durable assets, compared to 2.2 percent in Mumbai," reports TOI.

In the prosperity index, Punjab is followed by Kerala, which is further followed by states like Haryana, Karnataka, Tamil Nadu and Gujarat. The report states that the high growth rate and tourism have brought prosperity in these states. It also attributes that success of agriculture has driven prosperity and equality in Punjab, while Kerala benefits from remittances. Gujarat is a prosperous state with high ownership of household assets.

On the other hand, the least prosperous among Indian states include Madhya Pradesh, West Bengal, Andhra Pradesh, Orissa and Rajasthan.

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