Gujarat was ranked number one among all states in the first-ever Export Preparedness Index released by the Niti Aayog. The index assesses the readiness of Indian states in terms of their export potential, performance and competitiveness.
A release from the state government said that it is the first of its kind Index on the lines of ease of doing business ranking. The state said the parameters on which ranking was done include export promotion policy, institutional framework, business ecosystem and business environment.
It said trade support, R&D support, export diversification, infrastructure, access to finance and transport connectivity were some of the other parameters that were considered while ranking the states.
Who figures where in the list
Six states that figure in the top 10 list are all coastal states. Maharashtra ranks second. Rajasthan is the top performer among landlocked states followed by Telangana and Haryana while Uttarakhand tops the list in Himalayan states followed by Tripura and Himachal Pradesh.
It should be noted that coastal states have an undue advantage in exports as a substantial part of it happens via the sea route. Across Union Territories, Delhi has performed the best, followed by Goa and Chandigarh.
Maharashtra, Gujarat, Karnataka, Tamil Nadu and Telangana account for most of the exports from India. Gujarat had the highest score of 75.14 while Jammu & Kashmir had the lowest score of 12.27.
Media reports quoted Niti Aayog vice-chairman Rajiv Kumar as saying that the country’s export sector has immense potential and can be the alternative supplier for some of the major economies.
He said to achieve this there was a need to create an enabling framework and remove bottlenecks to give a boost to exports. He also called for incentivizing exports. He said India’s share in global trade can go up from 1.7% in 2018 to at least 5% in this decade, by giving a thrust to exports.
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