What’s in the news? Union Minister of Commerce & Industry Piyush Goyal has released the “Logistics Ease Across Different State (LEADS) 2023” report. The report serves as a guide for stakeholders in the Logistics Sector by providing strategic insights, he …
About The government has released the National Logistics Policy 2022 as a comprehensive effort to address issues of high cost and inefficiency by laying down an overarching interdisciplinary, cross-sectoral and multi-jurisdictional framework for the development of the entire logistics ecosystem. …
Context India’s logistics costs add up to around 13 per cent of gross domestic product which is significantly higher than developed countries like China, US and Europe, where the global average is somewhere around 8 percent. It shows that there’s …
Context Connectivity plays an important role in decongesting cities. If India can improve its logistics, it would undoubtedly raise India’s global competitiveness. High Logistics Costs India spends around 13% of GDP on logistics, while China spends less than 10%. The …