Export Preparedness Index 2021

Gujarat has been the top performer in NITI Aayog’s export preparedness index 2021 for second time in a row.

  • The report was released by the government think tank in partnership with Institute of Competitiveness.
  • This edition has shown that most of the ‘Coastal States’ are the best performers, with Gujarat as the top-performer.

4 main pillars

  • The Export Preparedness Index is a data-driven endeavour to identify the fundamental areas critical for subnational export promotion.
  • The EPI ranks states and UTs on 4 main pillars—Policy; Business Ecosystem; Export Ecosystem; Export Performance.
  • The 4 pillars are sub-divided in 11 sub-pillars—Export Promotion Policy; Institutional Framework; Business Environment; Infrastructure; Transport Connectivity; Access to Finance; Export Infrastructure; Trade Support; R&D Infrastructure; Export Diversification; and Growth Orientation.

Objective of Index

  • The EPI’s primary goal is to instil competition among all Indian states to bring about favourable export-promotion policies, ease the regulatory framework to prompt subnational export promotion, create the necessary infrastructure for exports, and assist in identifying strategic recommendations for improving export competitiveness.
  • It promotes competitive federalism and a fair contest among States/UTs.

GS TIMES UPSC PRELIMS & MAINS CURRENT AFFAIRS BASED BASICS  DAILY ONLINE TEST CLICK HERE

CLICK HERE DAILY CURRENT AFFAIRS QUIZ FOR STATE CIVIL SERVICES

Written by 

Leave a Reply

Your email address will not be published. Required fields are marked *