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Vol. LX No. 152 th FRIDAY 28 AUGUST 2020
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Centre proactively engaging States to boost exports: Commerce Secretary NEW DELHI: The Department of Commerce is proactively engaging with State Governments to promote exports, Commerce Secretary Anup Wadhawan said recently. The Secretary also requested State Governments to extend their support to take forward the initiatives to boost country’s outbound shipments. “We have been proactively engaging with states in terms of encouraging them to create export policies, in terms of allocating the export function to a senior level, to a dedicated d e p a r t m e n t a n d t o a d e d i c a t e d o f f i c e r, ” h e s a i d . Wadhawan was speaking at the release of the first edition of ‘Export Preparedness Index, 2020’. Gujarat has topped the chart, followed by Maharashtra and Tamil Nadu.
“We are working with states to not only have a state export strategy covering infrastructure, logistics, incentives, all other facilitation and promotional measures but also having a decentralised strategy covering each and every district,” he added. Talking about the index, he said the issues related to wrong attribution of export numbers of one state to other would be addressed. Those issues “we are trying to address” through exporter awareness by creating windows in the shipping bills and in the GSTN formats, “so that right at the ground level, the source of the exports, right to the district level is accurately captured and states do not have this grievance that exports originating from a district in their state is wrongly attributed to some other state,” he said. Cont’d. Pg. 3
NITI Aayog releases report on export preparedness index 2020 Gujarat tops Export Preparedness Index MUMBAI: NITI Aayog in partnership with the Institute of Competitiveness recently released the Export Preparedness Index (EPI) 2020 to examine preparedness and performance of Indian states. The EPI intends to identify challenges and opportunities, enhance the effectiveness of Government policies and encourage a facilitative regulatory framework. “The Indian economy holds immense potential to become a strong exporter on the world stage. To realise this potential, it is crucial that India turns to its states and Union Territories and makes them active participants in the country’s export efforts,” said NITI Aayog Vice-Chairman Rajiv Kumar.
“In an attempt to realise this vision, the EPI 2020 evaluates states’ potentials and capacities. It is hoped that the detailed insights from this Index will guide all stakeholders towards strengthening the export ecosystem at both the national and sub-national levels,” he said in a statement. Chief Executive Officer Amitabh Kant said the EPI is a data-driven effort to identify the core areas crucial for export promotion at the sub-national level. All the states and Union Territories have been assessed on crucial parameters that are critical for any typical economic unit to achieve sustainable export growth. Cont’d. Pg. 3
Sri Lanka to Ink pact with India for Colombo Port’s Eastern Terminal development Calls China-Port deal a mistake, to pursue ‘India rst’ policy COLOMBO: Amid New Delhi’s apprehension over China’s growing economic presence in Sri Lanka, the Island nation’s newly appointed Foreign Secretary Jayanath Colombage has said that the country will always pursue an “India First” approach in strategic and security matters. Speaking to a Sri Lankan TV channel, Colombage said country’s decision to give Hambantota Port on a 99- lease to China was a “mistake”. Along with pursuing a neutral foreign policy, Sri Lanka will protect India’s strategic interest. “That means Sri Lanka will not do anything harmful to India’s strategic security interests,” said Colombage, who was the chief of the Sri Lanka Navy between 2012-14 and later became a foreign policy analyst mostly on the Chinese initiatives in Sri Lanka and the immediate region. Colombage said that President Gotabaya Rajapaksa would have an India first approach as the key to strategic security. Colombage said that despite opposition from port worker trade unions, President Rajapaksa would go ahead with the memorandum of cooperation signed with India on the Colombo Port’s Eastern terminal. Colombo Port is the largest and busiest port in Sri Lanka. Cont’d. Pg. 3
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