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NITI Aayog State-Level Economic Evolution Dataset
Finance & Banking Analytics
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About
India's financial trajectory from 1980 to 2015 reflects a profound shift in economic governance and fiscal management. These records offer a detailed view of the nation's financial landscape, capturing essential indicators provided by the National Institution for Transforming India (NITI Aayog). By documenting the evolution of state and national economies over three and a half decades, the data provides the necessary context for understanding government spending, revenue generation, and fiscal health across various Indian states. Each facet of the information contributes to a holistic understanding of the nation's fiscal journey, allowing for the analysis of both long-term asset creation and day-to-day operational costs.
Columns
- State: The specific Indian state or territory, with 31 unique values represented.
- Year: The fiscal year of the record, spanning from 1980-81 to 2015-16.
- Aggregate Expenditure: The total government spending, acting as a barometer for overall fiscal activity.
- Capital Expenditure: Funds directed towards long-term asset creation and infrastructure.
- Revenue Expenditure: Costs associated with day-to-day government operations.
- Social Sector Spending: A subset of revenue expenditure focused on driving societal development.
- Revenue Deficit: The shortfall between revenue receipts and operational spending, indicating fiscal health.
- Gross Fiscal Deficit: An indispensable metric for assessing the government's total borrowing requirements.
- Own Tax Revenues: The proportion of funds generated internally through state-level taxation, illustrating self-sufficiency.
- Nominal GSDP: The Gross State Domestic Product at current prices, representing total economic output.
Distribution
The data is delivered in a CSV format titled
nce_india_completed new.csv with a file size of approximately 5.59 kB. It contains 31 unique state entries and covers multiple fiscal years with 100% validity across the primary columns. The resource is maintained with an expected annual update frequency to ensure ongoing relevance and has achieved a usability score of 10.00.Usage
This collection is an excellent resource for performing longitudinal fiscal analysis and benchmarking the economic performance of different Indian states. It can be used to model the relationship between tax revenue and state domestic product or to evaluate the impact of social sector spending on regional development. Economists can also utilise the deficit metrics to assess historical fiscal stability and predict future borrowing needs. The structured nature of the records makes them ideal for data storytelling and advanced visualisations using tools like ggthemes and gridExtra.
Coverage
The geographic scope is focused on India, covering 31 distinct states and territories. The temporal range is extensive, documenting annual financial metrics from 1980-81 through to 2015-16. This provides a thorough overview of India's fiscal journey through various eras of economic policy and state-level development.
License
CC0: Public Domain
Who Can Use It
Researchers can leverage these records to uncover long-term economic patterns and trends in the Indian subcontinent. Policymakers and government officials can use the historical data to inform strategic fiscal decisions and evaluate the effectiveness of past expenditure. Additionally, data storytellers and economists can utilise the high-validity figures to create visualisations that illustrate the nation's economic trajectory.
Dataset Name Suggestions
- India Financial Indicators and State GSDP (1980–2015)
- Historical Indian Fiscal Expenditure and Revenue Archive
- NITI Aayog State-Level Economic Evolution Dataset
- India’s Fiscal Health and Social Spending Registry
- Three Decades of Indian Government Finance Statistics
Attributes
Original Data Source: NITI Aayog State-Level Economic Evolution Dataset
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Download Dataset in CSV Format
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