National Logistics Policy Launched: Prime Minister Narendra Modi launched the National Logistics Policy (NLP) at Vigyan Bhawan, Delhi. The National Logistics Policy, prepared by the Ministry of Commerce and Industry, will prove to be very helpful in making the PM Gatishakti Yojana a success.
National Logistics Policy Launched:
Prime Minister Narendra Modi launched the National Logistics Policy (NLP) at Vigyan Bhawan, Delhi. On this occasion, PM Modi said that this policy is an important step towards making India a developed nation. With the help of this policy, the cost of logistics in India will come down, which is currently higher as compared to other developed countries.
Speaking on the occasion, the Prime Minister said that India has become the fifth largest economy in the world. Also, this policy has brought a new hope for every sector. He said that the National Logistics Policy has not started suddenly, for this work was being done for the last 8 years.
Objective of National Logistics Policy:
Cost reduction: India's logistics cost is quite high as compared to the US and other developed countries. Efforts will be made to reduce this cost with the help of this policy. The aim of this policy is to cut costs, which currently stands at around 14-15 per cent. Its aim is to reduce it by about 8 percent in the next five years.
Quick delivery to the last end:
The Prime Minister said that with the help of this, early delivery will be ensured till the last end. Along with this, transportation related challenges will also be solved.
Money saving:
With the help of this, measures will be taken to save time and money of logistics manufacturers. Under this policy, measures will also be taken to prevent wastage of agricultural products.
Value addition and enterprise:
With the help of this, the logistics cost will be reduced. This will improve the efficiency of various sectors of the economy and encourage value addition and entrepreneurship.
Why the need for a National Logistics Policy?
1. This logistics policy will help in improving India's trade competitiveness. Also at the global level, India's performance in this area will improve.
2. With the help of this, the way will be paved to develop India as a logistics hub on a global scale.
3. The National Logistics Policy, Single Window Electronic Logistics is very important for the growth of the market.
4. With its help, it will go a long way in creating employment in the country. Therefore, this policy was very necessary for employment prospects.
5. This policy will make the Micro, Small and Medium Enterprises (MSME) more competitive.
Features of National Logistics Policy:
Logistics Interface Platform: Under this, all the digital services related to the transport sector will be brought on a single portal. Due to which exporters will get rid of the long and tedious processes.
Ease of Logistics Services- E-Logs:
Under this policy, digital platform Ease of Logistics Services- E-Logs has also been started. Which will greatly help the exporters as well as the industry association.
Support System:
With the help of National Logistics Policy, the availability of Indian products in the world market has been further improved for products made in India.
Inter-regional and multi-jurisdictional framework: Logistics cost will be reduced with the help of inter-regional and multi-jurisdictional framework.
background
The National Logistics Policy has been prepared by the Ministry of Commerce and Industry. This was needed because the logistics cost in the country is very high as compared to other developed economies. This policy was very necessary to increase the competitiveness of Indian goods in the markets of the country and abroad.
PM Gatishakti Master Plan:
PM Gatishakti- National Master Plan for Multi-Modal Connectivity, launched by PM Modi last year, was an important step in this area. Logistics policy will prove to be very helpful in making PM Gatishakti Yojana a success.
In the last few years, India has made a lot of efforts to improve both ease of doing business and ease of living. It was in the vision of the Prime Minister to develop modern infrastructure with the cooperation of all the stakeholders in the overall plans. With the help of this, there will be better coordination in the implementation of various projects.
