Question: As per the government an “Annual Export Ranking Index” of different districts will be made to promote exports from India. Which agency is tasked with preparing this index?
a) Directorate General of Foreign Trade (DGFT)
b)Export Promotion Councils of India
c) Directorate General of Corporate Affairs (DGCOA)
d) None of the above
Ans: a
Facts
- The central government has said that it is currently working on ‘developing districts as export hubs’ to decentralise export promotion activity of India.
- Directorate General of Foreign Trade (DGFT) will be assisting the states and union territories in order to prepare the “Annual Export Ranking Index” of different districts.
- The index will represent each district on the export competitiveness.
- Objective is to create an institutional framework in every state, going down to every district and use that framework to assess every district in terms of ongoing export activities, in terms of capacities for enhancing those activities, and making time bound action plans to take those initiatives forward.
- This will help in boosting domestic production and make districts active stakeholders in driving export growth of local products and services by enabling MSMEs, farmers and small industries to get benefit of export opportunities in the overseas markets and shift focus on district-led export growth for self-sufficiency and self- reliance.
By kameshwar shukla