SBI Ecowrap report on 'States’ ranking on Covid management

SBI Ecowrap report on 'States’ ranking on Covid management, macro parameters & central government schemes has been released recently by The State Bank of India’s Economic Research Department.

The report has been authored by Dr. Soumya Kanti Ghosh, Group Chief Economic Adviser, State Bank of India.

States have been ranked on the basis of performance on three broad categories :

1. COVID Management,
2. Macro Parameters (fiscal parameters and CPI) and
3. performance of states on Central Government Schemes.

North east is at the top while West Bengal and Chhatisgarh at bottom. For ranking SBI has combined North East into one.

By combining the scores attained on each of the three parameters, states’ ranking reveals that North Eastern States are at the top, followed by Uttar Pradesh and Madhya Pradesh. Chhattisgarh, West Bengal and Himachal Pradesh come at the bottom. While Chhattisgarh and West Bengal have fared consistently worse in all 3 parameters, Himachal Pradesh has done quite well in macro management but seems to be lagging in Central Schemes’ implementation and COVID Management. In fact, the hilly and unfamiliar terrain of Himachal Pradesh is holding back the recovery rate and that is acting as a huge deterrent to COVID Management

Firstly, 4 indicators are used for assessing COVID management.

1. gap between the actual number of cases and estimated cases based on SBI model 2 SLS results,
2. possible number of underreporting of cases,
3. recovery rate and
4. death rate.

The results show that North East tops the list followed by Bihar and Uttar Pradesh. Meanwhile, Rajasthan, Maharashtra and Himachal Pradesh are at the bottom of the list.

• Secondly, for Macro indicators, 3 indicators are used .

1. The deviation of GST collection from state budget estimates,
2. Market borrowing and
3. CPI inflation .

Here, North East, Himachal Pradesh and Madhya Pradesh have performed better. While, Bihar, Andhra Pradesh and West Bengal are at the bottom.

• Thirdly, for performance in Central Government schemes, state-wise performance is taken for 5 schemes,

1. One nation one card,
2. PM Svanidhi,
3. PM Samman,
4. ECLGS and
5. PMAY.

Ranking of States on the basis of Central Government schemes indicates Uttar Pradesh, Gujarat and Maharashtra are at the top. Meanwhile, Goa, West Bengal and Chhattisgarh are at the bottom.