Request for Expression of Interest for Research Project on Export Preparedness Index (EPI) – 5th Edition (2025)

Why in news

NITI Aayog has issued a Public Notice inviting Expressions of Interest (REoI) for a research project to develop the 5th Edition of the Export Preparedness Index (EPI) for 2025.

Exam relevance

GS3 · Economy, Governance · Prelims · Mains

Key facts

1. NITI Aayog is seeking Expressions of Interest (REoI) for a research project.
2. The project aims to develop the 5th Edition of the Export Preparedness Index (EPI).
3. The EPI is intended for the year 2025.
4. This is a public notice inviting research proposals.

Prelims pointers

• NITI Aayog is responsible for developing the Export Preparedness Index (EPI).
• The EPI assesses the export readiness of Indian states and union territories.
• The upcoming edition is the 5th Edition, focusing on 2025.

Mains practice question

Examine the significance of the Export Preparedness Index (EPI) in enhancing India's export competitiveness. What are the potential challenges and policy implications associated with its development and implementation?

Static linkage

The Export Preparedness Index (EPI) is an important tool developed by NITI Aayog to assess the export readiness of states and union territories in India. It helps in identifying strengths and weaknesses in the export ecosystem, thereby promoting export-oriented policies and strategies at the sub-national level. The index aims to encourage competitive and sustainable export promotion efforts.

Significance

The development of the 5th Edition of the EPI is significant as it will provide an updated assessment of India's export preparedness at the sub-national level. This updated index can help policymakers identify emerging trends, challenges, and opportunities in the export sector. It will guide states and UTs in formulating targeted strategies to enhance their export performance, contribute to India's overall trade goals, and foster a more competitive and export-friendly business environment.