To put growth on the fast track, Union Cabinet clears ambitious National Logistics Policy
The National Logistics Policy is intended to increase efficiency in logistics services and human resources
The National Logistics Policy, which establishes a broad, all-encompassing, cross-sectoral, multijurisdictional policy framework, was approved by the Union Cabinet on Wednesday.
The policy is an upgrade to the PM GatiShakti National Master Plan.
While the PM GatiShakti National Master Plan focuses on integrated infrastructure development, the National Logistics Policy is intended to increase efficiency in logistics services and human resources through streamlining procedures, regulatory frameworks, skill development, mainstreaming logistics in higher education, and the adoption of appropriate technologies.
The policy introduces the Unified Logistics Interface Platform in which 30 digital systems are integrated; this will give the advantage of digital technology in area of logistics & boost to ease of doing business.
The objective of this plan is to create a logistics ecosystem for quick and equitable growth that is technologically enabled, integrated, affordable, resilient, sustainable, and trustworthy.
The National Logistics Policy was formed through a collaborative process in which various Ministries/Departments of the Government of India, industry players, and academics participated in numerous rounds of consultations. It also takes into consideration international best practices.
It is designed with the goal of ensuring an environment for fast and equitable growth that is technologically enabled, integrated, economical, resilient, and sustainable.
The policy would make use of the current institutional structure, namely the Empowered Group of Secretaries (EGoS) established under the PM GatiShakti NMP, to oversee the implementation of the policy and integrate efforts across stakeholders.
For improved productivity in logistics services, the policy also introduces the Unified Logistics Interface Platform, standardization, monitoring framework, and skill development.
According to the official statement from the cabinet, this policy aspires to lower logistics costs, meet global standards, raise India's standing in the logistics sector globally, and contribute to a bigger market share.
MSMEs and farmers would benefit from this policy due to the increased logistical efficiency.