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Piyush Goyal: National Logistics Policy Will Lead To Enhanced Ease Of Doing Business

Image Courtesy: DNA

Image Courtesy: DNA India

The National Logistics Policy now under consultation in accordance with the National Logistics Council. And States logistics Coordination Committee will now work as a template for better coordination. Additionally, it has integrated the development of the logistics center, Commerce and Industry Minister Piyush Goyal stated

Addressing the first National Conference of States on Logistics on Tuesday, the minister said in a statement. “The logistics team in the Ministry of Commerce & Industry is trying to work towards integrating the various means of transport, documentation, and stakeholders, including customs, ports, shipping companies, railways, trucking companies, inland waterways…through technology platforms”. The end result would be a more simplified way of working, which will enhance the overall ease of doing business.

Mr.Goyal also happened to describe logistics as the lifeline of a nation’s economy and industry. He also brought to notice that in the midst of the lockdown; the country was able to ensure that “not a single person had to suffer for want of food grains, power, essential commodities”.

He also states that India had a logistics system of about $200 billion. And that a good part of it was supported by the Indian Railways. The Dedicated Freight Corridors will only carry freight transport. Rather will also increase speed exponentially and significantly bring down the overall cost.

“By 2022, we will have both the Eastern and Western Dedicated Freight Corridors. Both of which ready and will serve the people of India. Prime Minister Narendra Modi inaugurated the first 650 km of dedicated freight corridor. Which is on both the Eastern and the Western fronts. By March, we will have another 350-400 km of DFC ready,” he said.

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