Home / Knowledge / News / Textiles / India seeks stakeholder inputs on draft logistics policy

India seeks stakeholder inputs on draft logistics policy

20
Feb '19
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


Must ReadView All

Nigeria's ABP scheme targets 1 lakh cotton farmers in 2019

Textiles | On 21st Mar 2019

Nigeria's ABP scheme targets 1 lakh cotton farmers in 2019

The Central Bank of Nigeria’s (CBN) Anchor Borrowers Programme (ABP)...

Pic: CorePower Yoga

Apparel/Garments | On 21st Mar 2019

TSG Consumer Partners takes over CorePower Yoga

TSG Consumer Partners, a leading private equity firm focused...

Pic: Showcase USA

Apparel/Garments | On 21st Mar 2019

Showcase USA store helps in cross-border e-commerce sales

Leveraging the backbone of ABC Depot Logistics, the exclusive 3PL and ...

Interviews View All

Arvind Saraf, Triveni Sarees

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Headhonchos, Indian fashion industry

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Luke Otten, Wigwam Mills Inc

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Harsh Shah,

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Italtex,

Italtex

Italtex is a leading studio publishing fabric trend-books since 1959....

Suresh P Bagrecha,

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Kerem Durdag, Biovation II LLC

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Daniel Kaye, RocketLife

Daniel Kaye
RocketLife

<div>RocketLife, an award-winning developer of breakthrough visual...

Ayyappa Nagubandi, Broadcast Wearables Pvt Ltd

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


March 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search