Business Standard

Chhattisgarh among top three states in development spending

The other two states include Bihar and Jharkhand

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BS Reporter Kolkata/ Raipur
Mineral-rich Chhattisgarh state is among the three states in the country for recording highest development expenditure.

"After reviewing the economic status of all the states in the country, the Reserve Bank of India (RBI) has ranked that Chhattisgarh state is one of the top three states with highest spending on development work," Chief Minister Raman Singh said. The other two states include Bihar and Jharkhand.

Underlining the RBI report for the financial year 2012-13, he said the financial management in Chhattisgarh state was in a far better position. He said the state government had been spending 49.3 per cent of its total budget on the social sector that is more than the national average of 40 per cent.
 
In the education sector also, Chhattisgarh is among the five leading states in the country.

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First Published: Mar 25 2013 | 8:02 PM IST

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