From UPSC perspective, the following things are important :
Prelims level : Export Preparedness Index (EPI)
Mains level : Export promotion measures
NITI Aayog in partnership with the Institute of Competitiveness has released the Export Preparedness Index (EPI) 2020.
Try this PYQ:
Q.Which one of the following is not a sub-index of the World Bank’s ‘Ease of Doing Business Index? (CSP 2019)
(a) Maintenance of law and order
(b) Paying taxes
(c) Registering property
(d) Dealing with construction permits
- EPI intends to identify challenges and opportunities; enhance the effectiveness of government policies; and encourage a facilitative regulatory framework.
- The structure of the EPI includes 4 pillars –Policy; Business Ecosystem; Export Ecosystem; Export Performance.
- It has 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.
Highlights of the EPI
- This edition of the EPI has shown that most Indian states performed well on average across the sub-pillars of Exports Diversification, Transport Connectivity, and Infrastructure.
- Overall, most of the Coastal States are the best performers. Gujarat, Maharashtra and Tamil Nadu occupy the top three ranks.
- Six of eight coastal states feature in the top ten rankings, indicating the presence of strong enabling and facilitating factors to promote exports.
- In the landlocked states, Rajasthan has performed the best, followed by Telangana and Haryana.
- Among the Himalayan states, Uttarakhand is the highest, followed by Tripura and Himachal Pradesh.
- Across the UTs, Delhi has performed the best, followed by Goa and Chandigarh.