Meghalaya Chief Minister Mukul Sangma today agreed with the Raghuram Rajan panel report that gave a 'least developed' tag to his state.
"If it (the report) is not true, then why are our boys and youths joining militants?" Mukul asked, after chairing a cabinet meeting here.
The Chief Minister said the state needed to grow at 11 per cent per year to catch up with the rest of the country.
A panel, led by headed by then Chief Economic Advisor Raghuram Rajan (now RBI governor), had said that northeastern states of Assam, Arunachal Pradesh and Meghalaya are among the least developed in the country, while Goa, Kerala and Tamil Nadu are the most developed states.
The panel has recommended ending the 'special category' criteria for providing additional assistance to poorer states and suggested a new methodology for devolving funds on states based on a 'Multi Dimensional Index (MDI)'.
