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Significant improvement in India’s score in United Nation’s Global Survey on Digital and Sustainable Trade Facilitation |
New Delhi (Lisbon Times):- Bharat has scored 90.32% in United Nation’s Economic and Social Commission for Asia
Pacific's (UNESCAP) latest Global Survey on Digital and Sustainable Trade
Facilitation. The Survey hails this as a remarkable jump from 78.49% in
2019. The survey result can be accessed at(https://www.untfsurvey.org/economy?id=IND).
After evaluation of 143 economies, the 2021 Survey has highlighted India's significant improvement in the scores on all 5 key indicators, as follows:
- Transparency:100% in 2021 (from 93.33% in 2019)
- Formalities: 95.83% in 2021 (from 87.5% in 2019)
- Institutional Arrangement and Cooperation: 88.89% in 2021 (from 66.67% in 2019)
- Paperless Trade: 96.3% in 2021 (from 81.48% in 2019)
- Cross-Border Paperless Trade: 66.67% in 2021 (from 55.56% in 2019)
The Survey notes that India is the best-performing
country when compared to South and Southwest Asia region (63.12%) and Asia
Pacific region (65.85%). The overall score of India has also been found to
be greater than many OECD countries including France, UK, Canada, Norway,
Finland etc. and the overall score is greater than the average score of the EU.
India has achieved a 100% score for the Transparency index and 66% in the
“Women in trade” component.
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CBIC has been at forefront of path-breaking reforms under the umbrella
of 'Turant' Customs to usher in a Faceless, Paperless and Contactless Customs
by way of a series of reforms. This has had a direct impact in terms of the improvement
in the UNESCAP rankings on digital and sustainable trade facilitation.
Further, during the Covid19 pandemic, Customs formations
have made all efforts to expedite Covid related imports such as Oxygen related
equipment, life-saving medicines, vaccines, etc.A dedicated single window
COVID-19 24*7 helpdesks for EXIM trade was created on the CBIC website to
facilitate quick resolution of issue(s) faced by importers.
About the Survey:
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