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PM unveils National Logistics Policy

By: APAC Media

by APAC Media
September 19, 2022
in News
Reading Time: 2 mins read
PM unveils National Logistics Policy
Summarize with:

In a bid to strengthen logistics sector, Prime Minister Narendra Modi has kick started the National Logistics Policyto addresses challenges of transport sector. It’ll be a seamless interoperability, through an overarching interdisciplinary, cross-sectoral, and multi-jurisdictional architecture backed by a robust tech backbone.

 

At a grand launch event in Vigyan Bhavan, he said the policy aims to expedite the last-mile delivery, helping businesses save time and money. It seeks to address challenges facing the transport sector and bring down the logistics cost of businesses from 13-14 per cent to a single digit.

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The new policy addresses challenges of the logistics sector, it together with the infrastructure augmentation plan PM GatiShakti will address gaps, he said.

 

For Indian products to capture world markets, the country has to strengthen its support system. “National Logistics Policy helps in making the support system modern.”

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PM Modi said global experts are saying India is emerging as a democratic superpower and they are impressed by the extraordinary talent ecosystem of the country. “Experts are appreciating India’s determination and progress.”

 

The government, he said, is using technology to strengthen the logistics sector. Faceless assessment has started in customs and e-way bills and FASTag are bringing efficiency to the logistics sector.

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Talking about the drone policy, he said drones will improve the logistics sector. The government, he said, is using technology to strengthen the logistics sector. Faceless assessment has started in customs and e-way bills and FASTag are bringing efficiency to the logistics sector.

 

He further said that, the capacity of ports has been increased and the container vessel turnaround time has been cut to 26 hours from 44 hours previously. The Sagarmala project to connect ports and dedicated freight corridors has started to improve logistics connectivity and systematic infrastructure development work, he said.

Summarize with:

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