Wednesday, October 5, 2022

Cabinet okays Natl Logistics Policy

The Union Cabinet on Wednesday approved the National Logistics Policy, which had been announced by Prime Minister Narendra Modi on September 17, and aims to reduce the cost of logistics in the country, bringing it at par with global benchmarks by 2030.
Minister for Information and Broadcasting Anurag Thakur told media persons after the Cabinet meeting that the policy will help improve the Logistics Performance Index ranking of the country, aiming to bring India among top 25 countries by 2030. Also, it will help create a data-driven support mechanism for an efficient logistics ecosystem.
The policy lays down an overarching interdisciplinary, cross-sectoral, multi-jurisdictional, and comprehensive policy framework for the logistics sector. The policy complements the PM GatiShakti National Master Plan. The National Logistics Policy is envisaged to bring efficiency in logistics services, and human resources through streamlining processes etc.

SourceIANS