With the improvement in overall macroeconomic conditions, the State has resumed the process of fiscal correction. While revenue account turned surplus during 2011–12 (RE), GFD-GSDP ratio has increased due to higher capital outlay (Table 3).
1  North Eastern States excluding Assam was taken together as one entity and therefore only 23 States were compared for HDI ranking in the India Human Development Report 2011, Government of India. BIS central bankers’ speeches  3  Financial indicators The level of financial development is critical for driving higher economic growth.