NITI Aayog launches second annual edition of “Fiscal Health Index”

• Fiscal Health Index (FHI) is NITI Aayog's annual, data-driven ranking of Indian states on sub-national fiscal performance, designed to guide reforms and evidence-based policymaking.
• 2nd edition released on 11 March 2026 for FY 2023-24 data; builds on 1st edition launched in January 2025 for FY 2022-23.
• High UPSC value: ties into fiscal federalism, FRBM, Finance Commission devolution, cooperative federalism, and NITI Aayog's evolving role as a "think tank with teeth."