In efforts to encourage the logistics sector in the backdrop of industries, e-commerce and services sector, the Telangana Cabinet has approved the Telangana Logistics Policy prepared by the Industries and Commerce department.
According to the Chief Minister's Office (CMO), the Cabinet has recognised that due to the Corona Pandemic, when people were not able to venture out, logistics sector played a very useful role in extending commodity service to the people.
It also recognised that worldwide the e-commerce organisations are utilising the logistics sector and extending their services worldwide. The Cabinet opined that under this background, to send products and produce from the state to the international consumers, the immediate need is to encourage the logistics sector. It also recognized the importance of logistics development as an extension of the additional commerce to the food processing units.
The State Cabinet met here on Wednesday at Pragathi Bhavan under the chairmanship of Chief Minister K Chandrashekar Rao.
The Cabinet has decided to develop basic infrastructure facilities in Godowns, Cold storages, Dry Ports, Truck dak parking and other in the logistic sector. It has decided to set up Dry Port in a big way in 1400 acres in the State (Multi-Model Logistic Park) under the PPA Mode.
The Cabinet approved to set up another two new Integrated Container depots like the one Concur ICD at Sanath Nagar in coordination with the Customs department to encourage more exports from the State. It has also approved the decision to set up another 10 Integrated Parks all over the State as was done at Batasingaram.
The Cabinet has also decided to establish Centre for Excellence for Skill Development in this sector with international standards and with the help from TASK. It was also decided to set up Logistic Parks in all the districts in the state. It was also decided to give incentives to the entrepreneurs who will set up Multi-Model Logistic parks, Warehouses.
"Through this, all over the state in the logistic sector, directly 1 Lakh and indirectly 2 Lakh people would get employment. For this, the Cabinet has instructed the industries department to take measures to attract Rs 10,000 Crore worth investments to the State," the CMO said.
Secretaries of all the departments who attended the cabinet meeting have submitted details of the employees in their departments and vacant position. They have also placed before the cabinet, sanctioned posts, vacancies in different sections and also about the contract and outsourcing employees working in those sections, read the release.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU