Logistics sector

Highlights of National Logistics Policy:

• The policy aims to reduce the cost of logistics from the existing 13 per cent-14 per cent to single digit.
• There will be digital integration of different systems of some departments such as road transport, railways, aviation, commerce ministries, and foreign trade.
• This National Industrial Corridor Development Corporation Logistics Data Bank Project has been leveraged
  Ease of Logistics will enable and ensure the ease of logistics business through transparency and accessibility.
• The vision is to develop a technologically enabled, integrated, cost-efficient, resilient, sustainable, and trusted logistics ecosystem for accelerated and inclusive growth.
• Set three key targets: First, to reduce cost of logistics in India to be comparable to global benchmarks by 2030. Second, improving the logistics performance index ranking and to be among top 25 countries by the end of the decade and, third, to create data driven decision support mechanism for an efficient logistics ecosystem.