Medilytix Bureau: Union minister Nitin Gadkari on Saturday said that the National Logistics Policy, which focuses on re-engineering, digitisation and multimodal transport, would further boost the “ease of doing business” for all industries and stakeholders. The road transport and highways minister, in a tweet, further said the policy will completely change India’s logistics sector, boost seamless movement of goods and reduce carbon footprints.
Prime Minister Narendra Modi on Saturday unveiled the National Logistics Policy that seeks to address challenges facing the transport sector and bring down the logistics costs of businesses from 13–14 per cent to a single digit.
At a grand launch event, Modi said the policy aims to expedite last-mile delivery, helping businesses save time and money.
While the new policy addresses the challenges of the logistics sector, it, together with the infrastructure augmentation plan PM Gati Shakti, will address gaps, the prime minister added.
The Union government has been working on the National Logistics Policy for three years.
The commerce ministry released a draught logistics policy for consultation in 2019, but it was delayed due to the COVID-19 pandemic. The National Logistics Policy was once again announced by finance minister Nirmala Sitharaman in the Budget for 2022-23.
The draught policy provides for the government to create a single point of reference for all logistics and trade facilitation matters, reducing costs for the logistics sector by 10 per cent in five years.