CURRENT AFFAIRS

Detailed explanation-1: -Why in News? Gujarat has been named India’s top State in terms of export preparedness for the second year in a row as per the Export Preparedness Index (EPI) 2021 released by the NITI Aayog.

Detailed explanation-2: -Gujarat retains top position at NITI Aayog’s Export Preparedness Index 2021. The index, prepared by NITI Aayog in partnership with the Institute of Competitiveness, is a comprehensive analysis of India’s export achievements.

Detailed explanation-3: -niti aayog: Gujarat retains top position at NITI Aayog’s Export Preparedness Index 2021 - The Economic Times.

Detailed explanation-4: -With this improving growth rate on export, Tamil Nadu, Maharashtra, Karnataka, Telangana, and Gujarat are 5 states that have 70 percent of global exports.

Detailed explanation-5: -The EPI identifies three major challenges to India’s export promotion efforts. Intra- and inter-regional differences in export infrastructure, Weak trade support and growth orientation across States, Lack of R&D infrastructure to promote complex and unique exports.