12 C
Guwahati
Wednesday, February 17, 2021
More

    Assam Performs Poorly in Export Preparedness Index: Worse than other NE States

    Export promotion in India faces three fundamental challenges: Intra- and inter-regional disparities in export infrastructure; poor trade support and growth orientation among states

    GUWAHATI: Assam stood at 28 th rank in Export Preparedness Index (EPI) released by NITI Aayog in partnership with the Institute of Competitiveness on Wednesday. Assam’s ranking was ‘miserably’ below the rankings of all the other northeastern states but Manipur.

    Manipur ranked at 32.

    The first report to examine export preparedness and performance of Indian states, EPI intended to identify challenges and opportunities; enhance the effectiveness of government policies; and encourage a facilitative regulatory framework

    As per the report, Tripura amongst the northeastern states has topped at 17 th position. Other northeastern states which were above Assam were Meghalaya (21), Mizoram (23), Nagaland (24), Arunachal Pradesh (25) and Sikkim (26)

    The structure of the EPI includes four pillars –Policy; Business Ecosystem; Export Ecosystem; Export Performance – and 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.

    “The Indian economy holds immense potential to become a strong exporter on the world stage. To realize this potential, it is crucial that India turns to its states and union territories and makes them active participants in the country’s export efforts. In an attempt to realize this vision, the Export Preparedness Index 2020 evaluates states’ potentials and capacities. It is hoped that the detailed insights from this Index will guide all stakeholders towards strengthening the export ecosystem at both the national and sub-national levels,” said NITI Aayog vice-chairman Rajiv Kumar.

    The NITI Ayog said that many northeastern states under the Growth Orientation sub-pillar were able to export more by focusing on their indigenous product baskets. This shows that a focused development of such baskets (like spices) can drive exports on one hand and also improve farmer incomes on the other in these states, it said.

    Based on the findings of the report, export promotion in India faces three fundamental challenges: intra- and inter-regional disparities in export infrastructure; poor trade support and growth orientation among states; and poor R&D infrastructure to promote complex and unique exports.

    Overall, most of the coastal states are the best performers. Gujarat, Maharashtra and Tamil Nadu occupy the top three ranks, respectively.

    Published:

    Follow TIME8.IN on TWITTER, INSTAGRAM, FACEBOOK and on YOUTUBE to stay in the know with what’s happening in the world around you – in real time

    First published

    TRENDING

    Grocery, Chemist Shops To Remain Open From 8 AM Daily During Lockdown In Assam

    Government fixed the timing of operation for wholesalers from 8 am to 4 pm and for retailers from 8 am to 7 pm

    Ulfa (I) Abduction Case: No Success in Rescue Ops; Hostage’s Family Worries as Deadline Nears

    Sources claimed that Ulfa (I) had possibly kept the duo captive somewhere deep inside the Namdapha National Park in Arunachal Pradesh which shares its border with Myanmar,

    Assam CM attends ‘Mahila Samaroh’; launches major schemes for women

    The CM launched Vistarita Kanaklata Mahila Sabalikaran Yojana which will pay a capital subsidy of Rs 50,000 each and Revolving Fund of Rs 25,000 each of self-help groups (finance).

    Guwahati: Rare cardiac Surgery performed at a city hospital

    The patient, a 39 year old lady, from Tarinipur in Silchar presented with heavy chest pain, severe breathing difficulty along with bluish discoloration of lips and peripheries.

    ‘CAA to be implemented after Covid vaccination ends’ says HM Shah

    The home minister made the statement during his one-day whirlwind tour of the poll-bound West Bengal. Shah addressed a rally in the bastion of the Matua community.

    BREAKING: Trader shot in Bongaigaon

    A preliminary investigation said that the businessman identified as Rafiqul Islam was returning home after finishing his work

    Poll stunt for Assam & Bengal? Amit Shah visits Koch ‘Maharaja’ at his Assam residence

    In Assam, Koch-Rajbongshis along with five other communities in Assam has long been demanding the scheduled caste status