NITI Aayog Releases Export Preparedness Index (EPI) 2024
Key Points
NITI Aayog has unveiled the Export Preparedness Index (EPI) 2024, a crucial tool for assessing the export readiness of India's States and Union Territories. This fourth edition is pivotal for UPSC aspirants, particularly for GS Paper 3, as it aligns with India's ambitious goal of achieving USD 1 trillion in merchandise exports by 2030. Last Updated: 2026-01-19
Key Facts About Export Preparedness Index (EPI) 2024
- Export Preparedness Index (EPI) 2024 released by NITI Aayog.
- Comprehensive assessment of export readiness in States and UTs.
- First edition published in August 2020; this is the fourth edition.
- Aims for USD 1 trillion in merchandise exports by 2030.
- Supports the vision of Viksit Bharat 2047.
- Framework evaluates strength, resilience, and inclusiveness of export ecosystems.
- Identifies structural challenges and growth opportunities.
- Emphasizes strengthening export infrastructure and institutions.
- Highlights importance of product quality for competitiveness.
- Structured around four pillars: Export Infrastructure, Business Ecosystem, Policy & Governance, and Export Performance.
- Includes 13 sub-pillars and 70 indicators.
- States categorized as Leaders, Challengers, and Aspirers.
- Focus on districts as core units for export competitiveness.
- Data-driven methodology based on official datasets.
- Top-performing states include Maharashtra, Tamil Nadu, and Gujarat.
- Full report offers detailed scores and state-wise profiles.
India's Export Growth Strategy
The Export Preparedness Index (EPI) 2024 is a significant step towards enhancing India's export potential, aligning with the country's strategic economic goals. By aiming for USD 1 trillion in merchandise exports by 2030, India seeks to bolster its global trade presence. The index provides a comprehensive framework to address structural challenges, ensuring that the country's export ecosystems are robust, resilient, and inclusive. This initiative is crucial for achieving higher growth rates, improving global competitiveness, and meeting international benchmarks.
Related Government Schemes/Policies
- Make in India: Aims to transform India into a global manufacturing hub.
- National Logistics Policy: Enhances logistics efficiency and reduces costs.
- Districts as Export Hubs: Focuses on district-level export promotion.
UPSC Relevance
- GS Paper 3: Economic Development - Infrastructure, Growth, and Development.
- Prelims angle: Questions on the EPI's structure, top-performing states, and its objectives.
- Mains angle: Analytical themes on India's export strategy, challenges, and policy effectiveness.
- Essay paper: Topics on economic growth and export-led development.
FAQ Section
- What is the Export Preparedness Index (EPI) 2024?
The Export Preparedness Index (EPI) 2024 is a tool developed by NITI Aayog to assess the export readiness of Indian States and Union Territories, aiming to enhance India's export competitiveness.
- Why is the Export Preparedness Index important?
The EPI is crucial as it aligns with India's goal of achieving USD 1 trillion in merchandise exports by 2030, providing a framework to address structural challenges and improve export ecosystems.
- What are the key features of the EPI 2024?
The EPI 2024 is structured around four pillars and includes 13 sub-pillars and 70 indicators, categorizing states as Leaders, Challengers, and Aspirers.
Detailed Coverage
- Export Preparedness Index (EPI) 2024 released by NITI Aayog.
- Comprehensive assessment of export readiness in States and UTs.
- First edition published in August 2020; this is the fourth edition.
- Aims for USD 1 trillion in merchandise exports by 2030.
- Supports the vision of Viksit Bharat 2047.
- Framework evaluates strength, resilience, and inclusiveness of export ecosystems.
- Identifies structural challenges and growth opportunities.
- Emphasizes strengthening export infrastructure and institutions.
- Highlights importance of product quality for competitiveness.
- Structured around four pillars: Export Infrastructure, Business Ecosystem, Policy & Governance, and Export Performance.
- Includes 13 sub-pillars and 70 indicators.
- States categorized as Leaders, Challengers, and Aspirers.
- Focus on districts as core units for export competitiveness.
- Data-driven methodology based on official datasets.
- Top-performing states include Maharashtra, Tamil Nadu, and Gujarat.
- Full report offers detailed scores and state-wise profiles.