NITI Aayog announces ‘Export Preparedness Index’ report for 2022

NITI Aayog announces ‘Export Preparedness Index’ report for 2022

Daily Current Affairs   /   NITI Aayog announces ‘Export Preparedness Index’ report for 2022

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Category : National Published on: July 17 2023

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  • NITI Aayog is set to release the third edition of the Export Preparedness Index (EPI) for States and UTs for the year 2022 on July 17, 2023.
  • The report discusses India’s export performance amid the prevailing global trade context in FY22, followed by an overview of the country’s sector-specific export performance. 
  • The report further highlights the need to develop districts as export hubs in the country and undertakes a district-level analysis of merchandise exports in the country.
  • EPI is a comprehensive tool that measures the export preparedness of the States and UTs in India. 
  • Exports are vital for stimulating economic growth and development in a country, which necessitates understanding the factors which influence export performance.
  • EPI assesses 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.
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