The Ministry of Economic Development has defined the most efficient regions

The Ministry of Economic Development has defined ten the most efficient subjects of RF as of the end of the previous year. The Republic of Tatarstan has taken the lead among Russian regions.

At assessing the efficiency of the regions, the Ministry derived its support from 12 indices, which can be divided into 3 sections: economy development, social sector development, public opinion polls and 2 individual approaches. The leaders of the rating will be remunerated with cash grants. The Republic of Tatarstan, Tyumen region, the Khanty-Mansijsk Autonomous District – Yugra, Voronezh region, Chechnya, Astrakhan region, Sakhalin region, the Yamalo-Nenets Autonomous District, Kursk and Tambov regions are among the winners.

The Republic of Tatarstan is the undisputed leader with its 66.8 points out of 83. Thus, the republic has not only kept the position of leadership, but also improved its figures. The second best is Tyumen region, high results of which in investments attraction, development of small businesses and education were praised. Moreover, it should be noted that following the previous year Tyumen region has managed to achieve a reduction of expenditures on general state issues by 3-5%, which is also an index of efficiency of the region.

The Khanty-Mansijsk Autonomous District – Yugra is among the leaders in small business and housing construction development. The region is also one of the leaders in terms of real income of the population and is characterized by a relatively low level of unemployment.

Voronezh region was honorary mentioned for the dynamic of private investments attraction and has a 4th place in the monitoring of efficiency of activities carried out by the regional authorities.

Chechen Republic closes the top five, holding the leading positions with 6 indices, including on volumes of commissioned housing.

It is not only honorably, but also profitably to be a leader of this rating. The federal budget for 2014 includes intergovernmental transfers to remunerate the distinguished regions; the total is just over 3.48 billion rubles. The amounts of grants will be determined in proportion to the "merits" of each subject of the Russian Federation. So it was previously reported that Tatarstan, the leader of the rating, can expect 216 million rubles, Tyumen region 201 million rubles, and its constituent Yugra another 191 million rubles. Voronezh region will receive 184 million rubles for fourth place, and Chechnya 182 million rubles.