01 December, 2024
Performance of India in Logistics
Thu 08 Feb, 2024
'Logistics Performance Index Report (2023): Connecting to compete 2023' was released by World Bank.
- India ranked 38 out of 139 countries. India’s rank has improved by six places from 44 in 2018.
- Logistics Ease across Different States (LEADS) Report is released by Ministry of Commerce and Industry to assess the performance of States.
6 Parameters of 'Logistics Performance Index (LPI)
- Customs
- Infrastructure
- Ease of arranging shipments
- Quality of logistics services
- Tracking and Tracing
- Timeliness
Policy Interventions which improved Logistics Infrastructure and efficiency
- PM GatiShakti: National Master Plan for multimodal connectivity launched on 13 October 2021
- National Logistics Policy 2022: Launched on 17th Sept. 2022, to improve logistics efficiency and reduction in logistics costs.
- Unified Logistics Interface Platform (ULIP): To improve ease of doing business
- Logistics Data Bank: Digitized track and trace of 100% containerized EXIM cargo.
Initiatives related to Logistics Improvement
- Sagarmala Projects
- Bharatmala Project
- Multi Modal Logistics Parks
- Dedicated Freight Corridor