J&K ranked 3rd among UTs in 2nd edition of Export Preparedness Index by Niti Aayog

Excelsior Correspondent
JAMMU, Mar 25: Jammu & Kashmir has emerged among top performers, reaching 3rd position among UTs in second edition of Export Preparedness Index (EPI) 2021 by Niti Aayog. Its score has increased from 12.27 to 30.07 and overall ranking from 36 to 23.
Department of Industries and Commerce through Jammu and Kashmir Trade Promotion Organization (JKTPO- nodal agency for export promotion) has strived towards improving its performance in all EPI parameters. Department of I&C has created an overall export friendly environment by enabling export friendly policies due to which J&K has performed exceptionally well on the policy pillar front. JKTPO has provided various markets connected to exporters through BSM, capacity building workshops, Trade fairs, exhibitions, etc and finalization of ODOP products, district export plans under District as export hub etc.
The Export Preparedness Index is a data-driven endeavour to identify the fundamental areas critical for subnational export promotion. The EPI ranks states and UTs on 4 main pillars i.e. Policy; Business Ecosystem; Export Ecosystem; Export Performance and on 11 sub-pillars i.e. Export Promotion Policy; Institutional Framework; Business Environment; Infrastructure; Transport Connectivity; Access to Finance; Export Infrastructure; Trade Support; R&D Infrastructure; Export Diversification; Growth Orientation.
The EPI’s primary goal is to instill competition among all Indian states (‘Coastal’, ‘Landlocked’, ‘Himalayan’, and ‘UTs/City-States’) to bring about favourable export-promotion policies, ease the regulatory framework to prompt sub national export promotion, create the necessary infrastructure for exports, and assist in identifying strategic recommendations for improving export competitiveness. It promotes competitive federalism and a fair contest among States/UTs.
EPI 2021 brings out three major challenges to India’s export promotion. These are intra- and inter-regional differences in export infrastructure; weak trade support and growth orientation across states; and lack of R&D infrastructure to promote complex and unique exports.
The index was released by NITI Aayog Vice Chairman Dr Rajiv Kumar, in the presence of NITI Aayog CEO Amitabh Kant, Department of Commerce Secretary BVR Subrahmanyam, and other dignitaries.

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