Gujarat tops NITI Aayog’s export preparedness index

NEW DELHI: Gujarat has emerged on prime of the index of export preparedness, adopted by Maharashtra and Tamil Nadu, whereas the newly created union territory Jammu and Kashmir is on the backside of the checklist.
Among the landlocked states, Rajasthan has emerged as a prime performer. Except for export progress and orientation, the state has carried out tremendously nicely throughout all pillars and sub-pillars of the index, the report confirmed. Bihar and Jammu and Kashmir are a number of the weaker states on this class.
Uttarakhand and Delhi are the top-performing states throughout the class of Himalayan states and metropolis states.
Government think-tank NITI Aayog, in collaboration with the IFC’s Institute of Competitiveness, launched the Export Preparedness Index (EPI) 2020. The first report to look at export preparedness and efficiency of Indian states, EPI intends to establish challenges and alternatives; improve the effectiveness of presidency insurance policies; and encourage a supportive regulatory framework.
The construction of the EPI consists of 4 pillars – coverage, enterprise ecosystem, export ecosystem and export efficiency – and 11 sub-pillars – export promotion coverage, institutional framework, enterprise setting, infrastructure, transport connectivity, entry to finance, export infrastructure, commerce assist, R&D infrastructure, export diversification, and progress orientation.
NITI Aayog has been spearheading quite a lot of indices in a number of sectors to rank states, districts to boost effectiveness of insurance policies and data-driven intervention. The newest index comes at a time when the nation’s exports have been sharply hit by the coronavirus pandemic and the nationwide lockdown geared toward heading off the unfold of the an infection.
“The Indian economic system holds immense potential to turn out to be a powerful exporter on the world stage. To realise this potential, it’s essential that India turns to its states and union territories and makes them energetic contributors within the nation’s export efforts,” stated NITI Aayog vice chairman Rajiv Kumar.
“In an try to understand this imaginative and prescient, the Export Preparedness Index 2020 evaluates states’ potentials and capacities. It is hoped that the detailed insights from this Index will information all stakeholders in the direction of strengthening the export ecosystem at each the nationwide and sub-national ranges,” stated Kumar.
The report stated Maharashtra’s success can be utilized as a finest apply measure for different states. It has 18 sectoral export promotion councils that concentrate on key exporting industries equivalent to prescription drugs, gems and jewelry and processed meals merchandise. The state authorities additionally has a grievance redressal workplace for any info or decision of issues. Maharashtra is without doubt one of the few states to have an export publication which updates exporters concerning the newest coverage modifications throughout the state and the present export situation, the report stated.

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