Punjab walked away with the best overall performance award among bigger states while Goa took the top honours in the small states category at the Chief Ministers' Conclave organised by the India Today Group.
Kerala and Himachal Pradesh were the first and second runners up respectively among big states, while Delhi was followed by Pondicherry among small states.
Bihar was ranked lowest among big states while the dubious place among small states belonged to Meghalaya.
Punjab was also top ranked in four categories viz budget and prosperity, infrastructure, agriculture and consumer market.
Vice-President Bhairon Singh Shekhawat gave away the awards at a glittering function organised to unveil the third annual ranking of Indian states here.
The annual 'State of the States' survey claims to objectively rank states considering their performance on eight counts viz macro-economic performance, agriculture, size of consumer markets, education, health, law and order, infrastructure and investment scenario.
Kerala took the top honours in law and order, primary health. It also fared better than other big states on critical yardsticks of governance viz education and health.
Gujarat was ranked number one in the 'Best Investment Environment category' and on the 'Economic Freedom' scale.
Chhattisgarh was adjudged as the 'Best Facilitator' for business, Tamil Nadu for being the 'Best Protector' while Maharashtra the 'Best Regulator.'
Himachal Pradesh had the best primary education facilities, while Jammu and Kashmir was found to have the lowest poverty.