Performance of India in Logistics
 
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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

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