Logistics System in India:
The Indian Logistics sector is estimated to be over $250 billion in 2021 and expected to reach $380 billion by 2025.
To improve infrastructure and logistics services, government has taken several initiatives for systematic infrastructure development for improved efficiency such as: o PM Gati Shakti – National Master Plan to
build world class infrastructure and fill the missing gaps for a holistic and integrated development. It encompasses ongoing initiatives like Bharatmala Pariyojana, Sagarmala etc.
National Rail Plan to create a ‘future ready’ Railway system by 2030. The Logistics Ease Across Different States (LEADS) Index to assess logistics performance of States and UTs and further improve their logistics performance. Several other reforms were introduced in the last decade such as: paperless EXIM trade process through esanchit, faceless assessment for customs, e-way bills, FASTag, GST etc.; for increasing efficiency and other benefits.
Vision of National Logistics Policy:
To develop a technologically enabled, integrated, cost-efficient, resilient, sustainable, and trusted logistics ecosystem in the country for accelerated and inclusive growth.
Pillars of NLP:
Targets of NLP:
