National Logistics Policy (NLP) launched
Recently the Prime Minister has launched the National Logistics Policy (NLP).
Goals of NLP –
- Ensuring seamless movement of goods and services across the country.
- To bring down the logistics cost to single digit by 2030 from the current rate of 14%.
- It is noteworthy that the high cost of logistics is often considered the biggest structural constraint in both external and internal trade.
- To be among the top 25 countries in the World Bank’s Global Logistics Performance Index by In the last edition of this index, India was ranked 44th.
Four key features of NLP:
- Integration of Digital System: Different systems of various departments including road transport, railways, customs, aviation will be integrated.
- Establishment of Unified Logistics Interface Platform (ULIP): All digital services related to the transport sector will be linked through a single portal.
- Ease of Logistics Services (E-Logs): A digital dashboard will be created for logistics registration, coordination and monitoring. This will enable timely resolution of logistics related issues.
- Formation of System Improvement Group (SIG): This group will advise on changes in existing laws and procedures to improve the movement of cargo.
Monitoring and coordination of NLP will be done at both the central and state level.
Benefits of NLP:
- The development of logistics infrastructure will accelerate.
- It will help in establishing better coordination among different stakeholders.
- The competitiveness of Indian goods will improve.
- Last mile connectivity will be established etc.
Source – The Hindu