#Public Finance

Fiscal Health Index (FHI) 2026

Fiscal Health Index (FHI) 2026 of NITI Aayog is a rating tool for evaluating the fiscal performance of 28 States for FY 2023-24 based on four criteria – quality of expenditure, revenue generation, fiscal prudence, and debt management. It helps to promote fiscal responsibility, sustainability of public finance, transparency, and cooperative federalism.