National Logistics Policy

• The PM recently unveiled the National Logistics Policy and set a goal to trim the country’s logistics costs from as much as 13-14 % of its GDP to a single digit over the next few years.

Aims:

• To ensure seamless movement of goods and services across the country
• Cut elevated logistics costs.
• To help boost manufacturing,
• Create infrastructure and spur employment.

Importance

• First holistic framework for the country’s $150-billion logistics sector, the policy is expected to help boost manufacturing, create infrastructure and spur employment.
• Will complement the PM Gati Shakti national master plan initiative.
  • A GIS-based platform with close to 1,500 layers, capturing all utilities and network linkages in various economic clusters.

4 critical features:

• Integration of Digital System (IDS);
• Unified Logistics Interface Platform (ULIP);
• Ease of Logistics (ELOG);
• System Improvement Group (SIG).