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The post Export Preparedness Index 2021: Gujarat leads again first appeared on Corp India News.
]]>While among union territories, Delhi topped the index, followed by Goa, Jammu and Kashmir, Chandigarh and Puducherry.
As per the report, Gujarat’s export promotion policy, business environment, and robust infrastructure helped it secure the top position for the second time in the row. Moreover, Gujarat, Maharashtra and Karnataka accounted for more than 50 per cent of total exports in India in 2020-21.
NITI Aayog Vice Chairman Rajiv Kumar released the index report in the national capital in the presence of NITI Aayog CEO Amitabh Kant, Department of Commerce Secretary BVR Subrahmanyam, and other dignitaries.
“The EPI 2021 will help the states and UTs in a long way to plan and execute sound export-oriented policies for ensuring a conducive export ecosystem, to make maximum utilisation of their export potential,” NITI Aayog vice chairman Rajiv Kumar said while releasing the index on Friday.
The EPI ranks states and UTs on four main pillars—Policy; Business Ecosystem; Export Ecosystem; Export Performance—and 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.
While discussing the challenges, the report mentioned that intra- and inter-regional differences in export infrastructure, weak trade support and growth orientation across states and lack of R&D infrastructure to promote complex and unique exports are some of the major drawbacks.
What is Export Preparedness Index
Indian Government’s think tank NITI Aayog prepares a comprehensive analysis of India’s export achievements. The report compares export-related performances amongst states and UTs and analyses potential challenges to develop better policy mechanisms to foster export-led growth at the subnational level.
The post Export Preparedness Index 2021: Gujarat leads again first appeared on Corp India News.
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