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PM Modi Launches National Logistics Policy

PM Modi Launches National Logistics Policy – Prime Minister Narendra Modi launched the National Logistics Policy at Vigyan Bhawan, New Delhi to Reform to ‘Bring New Energy in Every Sector. National Logistics Policy aims to enhance the efficiency of the logistics ecosystem as India and also is fulfilling big export targets and emerging as a manufacturing hub. the National Logistics Policy will bring new energy to all sectors.

  • At present, India’s logistic sector has more than 20 government agencies, 40 Partner Government Agencies, 37 export promotion councils, 500 certifications, over 10,000 commodities and a $160-billion market.

National Logistics Policy

  • The Policy is an extensive initiative, aimed at improving the effectiveness of India’s logistics ecosystem.
  • It will help in encouraging the smooth circulation of goods and increase the industry’s competitiveness.
  • It will make a strong emphasis on things like multi-modal transportation, digitization, and process re-engineering.
  • The Ministry of Commerce released a draft logistics policy for consultation in 2019.

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