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Home Breaking News

TN tops NITI’s Export Preparedness Index 2022, Gujarat skids to 4th slot

The index is aimed at assessing the readiness of the states in terms of their export potential and performance. Gujarat had topped the chart in the last two rankings.

by NavJeevan
2 years ago
in Breaking News, Business, Gujarat, National, Tamil Nadu
Reading Time: 2 mins read
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NE BUSINESS BUREAU
NEW DELHI, JULY 17

Tamil Nadu has pipped Maharashtra and Gujarat to emerge as the top state in the Niti Aayog’s Export Preparedness Index 2022. The index is aimed at assessing the readiness of the states in terms of their export potential and performance. Gujarat had topped the chart in the last two rankings.

Tamil Nadu with an overall score of 80.89 topped the third edition of rankings. Maharashtra with a score of 78.20 was second while Karnataka (76.36) was third. Gujarat with a score of 73.22 was fourth, followed by Andhra Pradesh, Odisha, West Bengal and Kerala in that order in the ranking of coastal states, according to the government think tank’s report released on Monday.

Among hilly/Himalayan states, Uttarakhand has ranked at the top position. It is followed by Himachal Pradesh, Manipur, Tripura, Sikkim, Nagaland, Meghalaya, Arunachal Pradesh and Mizoram in that order.

Haryana topped the chart among the landlocked regions. It was followed by Telangana, Uttar Pradesh, Punjab, Madhya Pradesh and Rajasthan.

In the category of union territories/small states, Goa was ranked first. jammu and Kashmir, Delhi, Andaman and Nicobar and Ladakh were ranked second, third, fourth and fifth, respectively.

The index can be used by the regions to benchmark their performance against their peers and analyse potential challenges to develop better policy mechanisms to foster export-led growth at the sub-national level. The ranking is based on four main pillars: policy, business ecosystem, export ecosystem and export performance.

The index is also aimed at promoting competition among all states (coastal, landlocked, Himalayan and UTs) to bring about favourable policies, ease the regulatory framework, create necessary infrastructure and assist in identifying strategic recommendations for improving export competitiveness.

Speaking at the release of the report, NITI Aayog CEO BVR Subrahmanyam said that states are fundamental stakeholders in the country’s exports “because that is where the action is.” “Entire ecosystem for export happens in states,” he said adding the report will help in raising awareness about the subject. He also said that the country needs to broad-base its exports.

Dr. Arvind Virmani, Member, NITI Aayog said, “Exporting firms are more productive than domestic firms. Their presence contributes to creation of demand for skilled labour, which in turn impacts the overall productivity of the region, the revenue earned by states, quality of jobs, and industrial infrastructure in the state.”

Senior Advisor Sanjeet Singh said that most of the states have put in place a positive policy structure which is helping in promoting the country’s exports.

Tags: 4th slotGujarat skidsNITIs Export Preparedness Index 2022TN tops
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