The Economic Advisory Council to the Prime Minister constituted a Logistics Development Committee under the Chairmanship of Dr. Bibek Debroy. The committee was tasked to assess key challenges in logistics development and associated commerce and suggest policy reforms for ease of doing trade in India.
Background
Logistics play a vital role in economic growth. Efficient and cheap logistics is prerequisite to become globally competitive. However India has a high logistics cost which renders Indian Economy less competitive.
As per the Economic Survey 2017-18, the Indian logistics sector provides livelihood to more than 22 million people and improving the sector will facilitate ....