The NITI Aayog’s recently released “export preparedness index” (EPI), 2024, is an attempt to measure how ready India’s states are in participating in global trade. The index benchmarks preparedness across four pillars — business ecosystem, export infrastructure, policy and governance, and export performance — using a wide set of indicators ranging from the depth and logistics efficiency of micro, small, and medium enterprises (MSMEs) to regulatory capacity and diversification. The exercise is meant to shift attention from the headline export numbers to the underlying conditions that enable firms to compete internationally.....

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Via business-standard.com