Correct Option
Madhya Pradesh was the first Indian state to prepare and release its State Human Development Report (SHDR). This report was released in 1995, under the guidance of Professor Amartya Sen and with support from the United Nations Development Programme (UNDP). It adapted the UNDP's Human Development Index (HDI) methodology to the state level, incorporating specific data on gender and regional inequalities within the state.
Incorrect Options
Options (1) West Bengal, (2) Kerala, and (4) Andhra Pradesh were not the first Indian states to release their Human Development Reports. While these states have subsequently developed their own Human Development Reports, Madhya Pradesh pioneered this initiative at the sub-national level in India.