JUST IN | Sam Bankman-Fried sentenced to 25 years in prison for FTX fraud

Home

homevideos Newseconomy NewsWill National Logistics Policy be a game changer? Here's what experts say

Will National Logistics Policy be a game changer? Here's what experts say

The Union Cabinet last week approved the National Logistics Policy after a key meet. The policy, which was unveiled by Prime Minister Narendra Modi on September 17, seeks to cut transportation costs by promoting the seamless movement of goods across the country.

By Parikshit Luthra Sept 27, 2022 9:30:22 PM IST (Published)

Listen to the Article(6 Minutes)

Last week, the union cabinet approved the National Logistics Policy after a key meeting. The policy, which was unveiled by Prime Minister Narendra Modi on September 17, seeks to cut transportation costs by promoting the seamless movement of goods across the country.

Also, a unified logistics interface platform (ULIP) will be developed as part of the National Logistic Policy so that different government and private agencies, shippers, and service providers are able to exchange information on a real-time basis in a confidential manner. It is one of the eight interventions proposed under the comprehensive logistics action plan.

Other interventions include the standardisation of physical assets and benchmarking service quality standards; logistics human resources development and capacity building; state engagement; export-import logistics; service improvement framework; sectoral plan for efficient logistics; and facilitation of the development of logistics parks.

CurrencyCommodities

Currency	Price	Change	%Change