Chandigarh- Punjab has been recognised as a “Chief State” within the Export Preparedness Index (EPI) 2024, launched by NITI Aayog, knowledgeable Sanjeev Arora, Cupboard Minister for Industries & Commerce, Funding Promotion, Energy, Native Authorities Punjab.
The Export Preparedness Index (EPI) is a complete, data-driven framework developed by NITI Aayog to evaluate the export readiness of Indian States and Union Territories. It evaluates efficiency throughout 4 key pillars—Coverage Framework, Enterprise Setting, Export Ecosystem, and Export Efficiency—utilizing greater than 70 indicators, together with institutional capability, R&D infrastructure, logistics, and transport connectivity. The index promotes aggressive federalism whereas enabling states to determine strategic areas for enhancing international commerce competitiveness.
The EPI 2024 report was launched by BVR Subrahmanyam, CEO, NITI Aayog, and Arvind Virmani, Member, NITI Aayog, who lauded Punjab for its notable features on this yr’s evaluation, reflecting strengthened coverage help, infrastructure growth, and a rising export ecosystem.
A Exceptional Ascent for Punjab
The Cupboard Minister Sanjeev Arora highlighted that Punjab has secured the 2nd place amongst Landlocked States in EPI-2024 and has been categorised as a “Chief State.” This achievement is particularly vital as 5 of the highest seven ranked states are coastal states with inherent entry to seaports.
Regardless of being landlocked, Punjab’s rise into the highest tier underscores the State’s success in overcoming logistical challenges by means of targeted coverage interventions, sturdy inside connectivity, and sustained infrastructure upgrades.
Drivers of Success: Coverage Reforms and Governance
Sanjeev Arora emphasised that EPI-2024 locations renewed concentrate on coverage implementation, administrative reforms, and outcome-based efficiency, providing a practical reflection of a state’s industrial and export well being. Punjab’s development is a direct consequence of:
Progressive, sector-specific industrial insurance policies for textiles, agri-processing, manufacturing, and allied sectors. Ease of Doing Enterprise reforms, together with simplified regulatory approvals and lifecycle facilitation. A resilient export ecosystem, supporting MSMEs in addition to large-scale exporters Institutional strengthening and logistics facilitation, enabling competitiveness regardless of geographical constraints.
He additional famous that Punjab has persistently earned nationwide recognition, together with being ranked amongst Prime Achievers in Ease of Doing Enterprise 2024 and successful Gold within the State Class on the ODOP Awards 2024, reflecting the State’s business-friendly and reform-oriented governance.
The Cupboard Minister reaffirmed the Authorities of Punjab’s dedication to deepening these reforms and strengthening export-oriented infrastructure, guaranteeing that Punjab continues to play a pivotal function in India’s journey in the direction of turning into a worldwide export powerhouse.
