Context:
Recently, the NITI Aayog released the third edition of the report titled ‘Export Preparedness Index (EPI) 2022’ for States/UTs.
About Export Preparedness Index (EPI) 2022:
Significance:
- It is a comprehensive tool that measures the export preparedness of the States and UTs in India.
- Aim:
- To undertake a comprehensive analysis of States and UTs across export-related parameters in order to identify their strengths and weaknesses.
- To highlight the achievements of states/UTs and encourage peer learning among the states/UTs to uphold the spirit of competitive federalism.
- Policy Pillar: Assesses adoption of export-related policy ecosystems at state and district levels, along with the institutional framework surrounding the ecosystem.
- Business Ecosystem: Evaluates the prevailing business environment, business-supportive infrastructure, and transport connectivity in a state/UT.
- Export Ecosystem: Focuses on export-related infrastructure, trade support to exporters, and Research and Development (R&D) activities fostering innovation.
- Export Performance: Gauges the growth of a state’s export over the previous year, export concentration, and footprint on global markets.
Category | Rank | State/Union Territory | Overall Score |
Coastal States | 1 | Tamil Nadu | 80.89 |
Hilly/Himalayan States | 1 | Uttarakhand | 59.13 |
Landlocked Regions | 1 | Haryana | 63.65 |
Union Territories/Small States | 1 | Goa | 51.58 |
- Performance Analysis: The Export Preparedness Index (EPI) allows regions to compare their export performance with others and identify areas where they can improve.
- Evidence based policy making: It helps them analyze potential challenges and develop better policies to promote export-driven growth at the local level.
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