Tag: NITI Aayog Export Preparedness Index 2022

ECONOMICS

Reports and Indices NITI Aayog Export Preparedness Index 2022 The Export Preparedness Index was released by Niti Aayog in New Delhi. Tamil Nadu has been ranked the number one State in Export Preparedness Index (EPI) for 2022. It is followed by Maharashtra and Karnataka. Gujarat has been pushed to the fourth slot. Tamil Nadu has been in the top 5 list among Large/Coastal States categories in the past two years. The objective of EPI, is to evaluate the export performance and pending potential of the Indian States and Union Territories. Additionally, the index investigates the direct and indirect factors that promote and support the export environment throughout the region. Key highlights of Tamil Nadu Tamil Nadu has long been an export leader in sectors. Such as automotive, leather and textiles, and we recently became the number one exporter of electronic goods. According to the report, the top three exporting districts of Tamil Nadu are Kanchipuram, Chennai, and Tiruppur. Other than its top export which is engineering goods, Kanchipuram is the leading exporter of silk, and its finished products. Chennai’s primary exports include petroleum products, engineering goods, and drugs and pharmaceuticals. Tiruppur stands 22nd in the country, in terms of value of exports, on the back of its textile exports which include raw material exports, cotton products and handloom products. The report also mentioned that Karnataka and Tamil Nadu have the highest number of geographical indication (GI) Products being exported. Tamil Nadu’s performance across four pillars ensured that it occupied the top slot among overall rankings. NITI Aayog report on Poverty Index “National multidimensional poverty index: a progress review, 2023”, was released by NITI Aayog. India has registered a significant decline of 9.89 percentage points in the number of multidimensionally poor, from 24.85% in 2015-16 to 14.96% in 2019-2021. Key Highlights…