Logistics

Objectives

  • Achieve multi-modal movement of cargo on par with global logistics standards.
  • Reduce the logistics cost to less than 10 per cent of GDP from the current level of 14 per cent.
  • Expand the logistics market to USD215 billion by 2020 from the current level of USD160 billion.
  • Improve logistics skilling and increase jobs in the sector to 40 million by 2022-23 from about 22 million in 2016.
  • As per the approved National Trade Facilitation Action Plan, reduce border compliance time to 24 hours for exports and to 48 hours for imports by 2020.

Way Forward

  • Rationalize tariffs and determine prices in an efficient manner across different ....

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