IAS Gyan

Daily News Analysis

EXPORT PREPAREDNESS INDEX                

24th March, 2022 Economy

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Context

  • NITI Aayog, in collaboration with the Institute of Competitiveness, will release the second edition of the Export Preparedness Index (EPI) 2021.
  • The first Index was launched in August 2020

 

About EPI

  • The Export Preparedness Index ranks all States and Union Territories (UTs) on the basis of their export readiness and performance. EPI 2021 is based on four main pillars: policy; business ecosystem; export ecosystem; and export performance.

 

Importance

  • The index can be used by States and UTs to benchmark their performance against their peers and analyze the potential challenges to develop better policy mechanisms to foster export-led growth at the subnational level.

 

https://www.pib.gov.in/PressReleasePage.aspx?PRID=1808887