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Which of the following statements is/are correct?
1. The third edition of ‘The Export Preparedness Index (EPI) 2022’ was released by NITI Aayog.
2. Policy, Business Ecosystem, Export Ecosystem, and Export Performance are all components of EPI.
Select the correct answer using the codes given below.
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Correct Option: (b) Explanation: Statement 1 is incorrect: The third edition of ‘The Export Preparedness Index (EPI) 2022’ was released by Ministry of Commerce and Industry. Export Preparedness Index (EPI) 2022 EPI, by NITI Aayog in association with Institute for Competitiveness, presents a comprehensive analysis of India’s export performance in FY22, along with its sectorspecifi c and district-level merchandise export trends. EPI includes four pillars –Policy; Business Ecosystem; Export Ecosystem; Export Performance. States are classi fi ed as coastal, landlocked, Himalayan, and UTs/small states. Key fi ndings Most ‘Coastal States’ performed well, with Tamil Nadu, Maharashtra, and Karnataka being top performers. Haryana, Uttarakhand and Goa topped under landlocked, Himalayan, and UTs/ small states categories. Over 99% of districts are covered under the ‘One District One Product’ scheme. Ten commodities (engineering goods, petroleum products etc.) account for nearly 80% of India’s total exports. Only 100 districts are responsible for nearly 87% of exports. 49% of India’s exports go to only ten destinations. Challenges identi fi ed: absence of air connectivity in several regions, lower performance in R&D, lack of capacitybuilding workshops for exporters, absence of reliable statistics etc. Why in News? NITI Aayog released the third edition of ‘The Export Preparedness Index (EPI) 2022’.
By: Parvesh Mehta ProfileResourcesReport error
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