National Logistics Policy
On17th September, 2022, the government released the National Logistics Policy.
- It seeks to address challenges faced by the transport sector and expedite the last-mile delivery while saving time and money for businesses.
Need for Logistic Policy
- Highly Defragmented: India’s logistics sector is highly defragmented. Only, 10% of Indian logistics belongs to organized sector.
- Huge Complexity: India’s logistics sector is very complex with more than 20 government agencies, 40 PGAs, 37 export promotion councils, 500 certifications, 10000 commodities, 160 billion market sizes.
- High Logistic Cost: The need for a national logistics policy was felt since the logistics cost in India is high as ....
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