Government Reviews Progress of National Logistics Policy

This policy aims to make logistics infrastructure better and reduce problems in the supply chain

Focus on Cost Efficiency, Digital Integration and Multimodal Transport

The policy focuses on three areas:

* reducing costs

* integrating digital systems

* improving multimodal transport

These efforts will help make Indias economy more competitive.

Key Highlights

* The policy aims to reduce logistics costs to match standards.

Indias logistics costs are higher than those in developed countries, which affects the competitiveness of goods in international markets.

The government is working to improve transportation, warehousing and inventory management.

* Digital logistics platforms are being integrated.

The Unified Logistics Interface Platform (ULIP) brings together transporters, exporters and government agencies on a digital platform.

This improves transparency reduces delays and enhances coordination.

* Multimodal transport networks are being developed, combining road, rail, waterways and air transport.

Projects like the PM Gati Shakti National Master Plan ensure connectivity and efficient goods movement.

* The review also highlighted the need for standardisation skill development in logistics and logistics parks to improve storage and distribution.

Significance

* Effective policy implementation will boost Indias export competitiveness.

Lower logistics costs make Indian goods more competitive in markets increasing exports.

* Improved supply chains reduce transit time and operational bottlenecks benefiting industries like manufacturing, agriculture and e-commerce.

* A robust logistics ecosystem supports growth by facilitating trade attracting investment and generating employment.

* In the term the policy will help build a modern integrated logistics sector, essential, for Indias goal of becoming a global manufacturing and trade hub.