Learn bits
Index & Reports
Mahesh

15/07/23 06:48 AM IST

Export Preparedness Index (EPI) Report, 2022

In News
  • NITI Aayog is releasing the third edition of Export Preparedness Index (EPI) for States/UTs of India for the year 2022 on 17 July,2023.
About EPI
  • EPI is a comprehensive tool which measures the export preparedness of the States and UTs in India. Exports are vital for simulating economic growth and development in a country, which necessitates understanding the factors which influence export performance.
  • The index undertakes a comprehensive analysis of States and UTs across export-related parameters in order to identify their strengths and weaknesses.
  • EPI assess the performance of the States and UTs across four pillars – Policy, Business Ecosystem, Export Ecosystem, and Export Performance.
  • Each pillar is composed of sub-pillars, which in turn capture a state’s performance using relevant indicators.
  • Policy Pillar evaluates states and UTs’ performance based on its adoption of export-related policy ecosystem at a state and district level as well as the institutional framework surrounding the ecosystem.
  • Business Ecosystem assesses the prevailing business environment in a state/UT, along with the extent of business-supportive infrastructure, and a state/UTs’ transport connectivity.
  • Export Ecosystem focuses on the export-related infrastructure in a state/UT along with the trade support provided to the exporters, and the prevalence of Research and Development in the state/UT to foster innovation.
  • Export Performance is an output-based indicator which gauges the growth of a state’s export over the previous year and analyses its export concentration and footprint on the global markets.
  • The report aims to present a comprehensive picture of a states and UT’s export preparedness.
  • It also highlights the achievements of states/UTs and encourages peer-learning among the states/UTs to uphold the spirit of competitive federalism.
Source- PIB

More Related Current Affairs View All

28 Aug

IADT-1

'Recently, the Indian Space Research Organisation (ISRO) successfully carried out its first Integrated Air Drop Test (IADT-1), a crucial milestone in the preparation for the countr

Read More

28 Aug

H-1B visa changes

'H-1B visa changes 2025: United States Commerce Secretary Howard Lutnick called the popular H-1B visa program a “scam”, saying that American businesses should be focuse

Read More

28 Aug

UGC’s Learning Outcomes-based Curriculum Framework

'Recently, the University Grants Commission (UGC) issued a public notice on its development of a draft Learning Outcomes-based Curriculum Framework (LOCF).' LOCF is intended to

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps