WebMar 25, 2024 · Manipur Integrated Logistics Policy, 2024, showcased its plan to enhance Ease of Doing Business by trade facilitation through active stakeholder involvement, while the Mizoram presentation laid down a road map, incorporating local connectivity of various economic zones, formation of regulatory framework, development of integrated logistics … WebOct 28, 2024 · The recently announced National Logistics Policy (NLP) 2024 looks great due to its extensive attempt to address cost and inefficiency in our evolving logistics ecosystem. Background of the NLP 2024. The reference to bringing in logistic policy was first made in 2024 by Finance Minister, Nirmala Sitharaman in her address regarding the budget.
National Logistics Policy 2024: Everything You Should Know
WebMar 18, 2024 · The policy aims at reduction of cost of logistics (for export-import as well as domestic freight) in the State; leveraging private participation for development of logistics … WebNov 9, 2024 · India’s logistics costs account for 13-14% of Gross Domestic Product (GDP), compared to 7-8% in developed countries. The government was aiming to bring down logistics costs by 5% over the next 5 years. Estimated logistics costs in India are currently about 14%, which is quite high compared to 8-10% globally. heath clothing
National Logistics Policy 2024: A Way Towards Growth
WebOct 4, 2024 · The goal of the National Logistics Policy is to lower the cost of logistics from its current 14% of GDP to less than 10% by 2024 despite the highly fragmented nature of … WebSep 19, 2024 · State Logistics policies: Some states such as Andhra Pradesh, Assam, Chhattisgarh, Gujarat, Haryana, Himachal Pradesh, Kerala, Madhya Pradesh, Maharashtra, Manipur, Mizoram, Rajasthan, Telangana and Uttar Pradesh have already formed their logistics policy. Logistics policies of 13 states are still in the draft stage. WebSep 21, 2024 · Need for bringing National Logistics Policy-. Today, the logistic cost is as high as 14-15% of the GDP. The Policy aims to bring it down to 8% of GDP. It will improve the competitiveness of Indian goods in domestic as well as international markets. Though we have to go a long way in achieving this milestone, the journey has already started. moves transport pty ltd