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Gujarat emerges as top state in economic freedom

Gujarat emerges as top state in economic freedom

An Index based on the Fraser Institute’s Economic Freedom of the World report, indicates that states in India which are economically more free are also doing better in terms of a higher per capita growth for its citizens, unemployment levels are lower in these states, sanitary conditions are better and the states also attract more investments.

The Indian Index is based on the three parameters which are size of the government, legal structure and security of property rights, and regulation of business and labour.

Source: Economic Freedom Rankings for the States of India, 2012/Cato Institute, Washington D.C. Indicus Analytics, New Delhi in partnership with Friedrich Naumann Stiftung