Tuesday, October 4, 2022

National Logistics Policy to be launched on PM Modi’s birthday

National Logistics Policy is in line with PM’s vision of achieving efficiency and synergy by bringing all stakeholders together for holistic planning and implementation

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New Delhi: Prime Minister Narendra Modi will launch the National Logistics Policy (NLP) on his birthday, September 17 at 5:30 PM at Vigyan Bhawan here in the national capital. The need for a national logistics policy was felt since the logistics cost in India is high as compared to other developed economies. It is imperative to reduce the logistics cost in India for improving the competitiveness of Indian goods both in domestic as well as export markets. Reduced logistics cost improves efficiency cutting across various sectors of the economy, encouraging value addition and enterprise.

Since 2014, the government has put significant emphasis on improving both Ease of Doing Business and Ease of Living. National Logistics Policy, 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, is yet another step in this direction. The policy is an endeavour to improve the competitiveness of Indian goods, enhance economic growth and increase employment opportunities.

It has been the vision of the Prime Minister to develop world-class modern infrastructure through the integration of all stakeholders in holistic planning and implementation so that efficiency and synergy are achieved in the execution of the project. The PM GatiShakti – National Master Plan for muti-modal connectivity – launched by the Prime Minister last year, was a pioneering step in this direction. PM GatiShakti will get further boost and complementarity with the launch of the National Logistics Policy.

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