Why in the News?
NITI Aayog released the Export Preparedness Index (EPI) 2024, assessing export readiness of Indian States and Union Territories. This is the 4th edition of the Index, first launched in August 2020.
The Index aligns with India’s targets of USD 1 trillion merchandise exports by 2030
About Export Preparedness Index
- Evidence based framework to assess strength, resilience and inclusiveness of subnational export ecosystems
- Recognises the critical role of States and districts in India’s global trade performance
- Identifies
- Structural challenges
- Growth levers
- Policy opportunities
- Focus on districts as core units of export competitiveness
| [2020] With reference to the international trade of India at present, which of the following statements is/are correct?Â
1. India’s merchandise exports are less than its merchandise imports 2. India’s imports of iron and steel, chemicals, fertilisers and machinery have decreased in recent years 3. India’s exports of services are more than its imports of services 4. India suffers from an overall trade/current account deficit Select the correct answer using the code given below: (a) 1 and 2 only (b) 2 and 4 only (c) 3 only (d) 1, 3 and 4 only |
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