NITI Aayog, in collaboration with the Institute of Competitiveness, is all set to release the second edition of the Export Preparedness Index (EPI) 2021 on March 25, which 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.
The release of the second edition of the index - the first was launched in August 2020 - demonstrates the Government’s continued commitment towards promoting competitive federalism wherein each state can identify their export opportunities and challenges and subsequently establish context-specific strategies for ensuring a conducive export ecosystem.
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.