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The policy is expected to focus on areas such as process re-engineering, digitisation, multi-modal transport and is centred towards bringing down the logistics cost
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Prime Minister Narendra Modi on Saturday launched the National Logistics Policy (NLP) which is aimed at promoting seamless movement of goods and enhancing the competitiveness of the industry.
The policy is expected to focus on areas such as process re-engineering, digitisation, multi-modal transport and is centred towards bringing down the logistics cost.
"NLP is a step in reducing agricultural wastage, improving last mile connectivity and decreasing logistics costs in India," said PM Modi while unveiling the policy.
Earlier in the day, Modi released eight cheetahs from Namibia into enclosures at Madhya Pradesh's Kuno national park as part of the programme to reintroduce the feline in India seven decades after it was declared extinct in the country. Modi in his address while releasing the NLP said, "There is a reason why we released Cheetahs in the morning and are launching the NLP now. Indian logistics will move at the pace of a Cheetah."
"It is imperative to reduce the logistics cost in India for improving the competitiveness of Indian goods both in domestic as well as export markets. Reduced logistics cost improves efficiency cutting across various sectors of the economy, encouraging value addition and enterprise," read a PMO statement.
It further said that the government has put significant emphasis on improving both Ease of Doing Business and Ease of Living since 2014.
"National Logistics Policy, a comprehensive effort to address issues of high cost and inefficiency by laying down an overarching interdisciplinary, cross-sectoral and multi-jurisdictional framework for the development of the entire logistics ecosystem, is yet another step in this direction," the statement added.
The government will also create a Unified Logistics Interface Platform (ULIP) under the National Logistics Policy.
ULIP will integrate seven ministries, the Ministry of Ports, Shipping and Waterways, the Ministry of Civil Aviation, the Ministry of Road Transport and Highways, the Ministry of Commerce and Industry, the Ministry of Railways, the Ministry of Finance, and the Ministry of Electronics and Information Technology, on one platform to provide logistics companies with information about cargo movement in the country.