Table 1: Weightages of Indices The reason for assigning different weightages to the debt management Figure 2: Ranking of Special Category States in Final Composite Index The horizontal line represents the average value of the index (0.507). Source: Authors’ calculations. (1) Forall the above indices, the parameters which carry equal weights have been averaged over a period of 10 years (2011-12 to 2021—22) based on the finance accounts data. (2) These indices have finally been assimilated into a single final composite index of the performance of the states by assigning the following weightages according to their relative risk perceptions: Annexure A: Index Parameters and Explanations Annexure B: Index Values and State Rankings (I) Resource Management Index (Il) Expenditure Management Index (II) Deficit Management Index (V) Contingent Liability Inde» Annexure C: Final Composite Index and Overall Ranking of States
