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The policy aims to bring down logistics cost in India to attain global benchmarks by 2030.
It also seeks to improve India's ranking in the Logistics Performance Index from 44th in 2018 globally;
and create data-driven decision support mechanism for an efficient logistics ecosystem, an official statement said.
It should be noted that logistics facilities include, in general, transport services for the movement of goods, storage facilities that are especially important for trade in perishable goods such as food, fruits, and vegetables, and the smooth operation of government services that facilitate trade such as licencing and customs.
As per the policy, the three major goals are — reducing logistics costs in India to global benchmarks by 2030, improving the global Logistics Performance Index ranking, and developing a data-driven decision support mechanism.
1,700
Miles
Hours
54
Bridges
12
In his speech, the PM said the Unified Logistics Interface Platform (ULIP) will bring all digital services related to the transportation sector under one portal. Thus, it will enable the integration of existing ministry data sources and the exchange of data with private companies.
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