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  • DAILY CURRENT AFFAIRS:Gujarat again tops NITI Aayog’s Export Preparedness Index 2021

Gujarat again tops NITI Aayog’s Export Preparedness Index 2021

Tags: Popular Economics/Business

Gujarat has topped the  National Institution for Transforming India (NITI) Aayog’s Export Preparedness Index 2021 for the second time in a row. The index assesses the readiness of the states in terms of their export performance and potential. The index was released by NITI Aayog Vice Chairman Dr Rajiv Kumar, in the presence of NITI Aayog CEO Amitabh Kant.

Highlights of the report 

  • The report was prepared by NITI Aayog, in partnership with the Institute of Competitiveness Gurugram, Haryana was released on 25 March 2022.
  • Gujarat was the top ranked state followed by Maharstra and Karnataka 

The EPI ranks states and Union Territories  on 4 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.

The main aim of the  EPI’s report is to promote 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. 

Institute of Competitiveness 

  • The Institute for Competitiveness is part of the global network of the Institute for Strategy and Competitiveness at Harvard Business School, United States .

  • It is an research institution dedicated to understanding  competition and strategy 

  • Headquarters : Gurugram, Haryana 

NITI Aayog 

 It was set up by the Government of India to replace the Planning commission.

  • The NITI Aayog serves as the apex public policy think tank of the Government of India for economic growth and development of the country .

  • It was set up on 1 January 2015

  • Prime Minister is the ex officio chairman of NITI Aayog 

  • Headquarters : New Delhi 

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