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India seeks stakeholder inputs on draft logistics policy

20 Feb '19
2 min read
Pic: PIB
Pic: PIB

The Indian ministry of commerce has drafted a National Logistics Policy to offer an overall vision and direction to integrated development of logistics in the country, according to commerce and industry and civil aviation minister Suresh Prabhu, who addressed the first stakeholder consultation on the draft policy in New Delhi on February 19.

The National Conference on Logistics Policy is being held on 19-20 February in the city to seek inputs on the policy from all stakeholders who will use the national logistics portal.

The cost of logistics in India is extremely high compared to other countries, the minister said.

The policy aims to ramp-up economic growth and trade competitiveness through an integrated, seamless, efficient, reliable and cost effective logistics network.

The ministry is also putting in place a national logistics fund to help implement the plan, according to a ministry press release.

The minister launched the SAFAR mobile app in eight languages to gauge the actual issues faced by transporters on the road. Transporters, truck drivers and the public may use the app for reporting their logistics issues to the ministry.

The policy aims to reduce the logistics cost from 14 per cent to 10 per cent of the country’s gross domestic product, generate 10-15 million jobs, become a single point for all logistics and trade facilitation and reduce losses in agriculture to less than 5 per cent by facilitating agri-logistics, N Sivasailam, special secretary, logistics, said. (DS)

Fibre2Fashion News Desk – India

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