16 September 2022 | TITN Team
The National Logistics Policy NLP will be introduced by Prime Minister Narendra Modi in New Delhi tomorrow.
A national logistics policy was deemed necessary because India has higher logistics costs than other industrialised nations. India must drastically cut its logistics costs if it wants to increase the competitiveness of its exports and domestic products.
The goal of the policy is to make Indian goods more competitive while boosting economic growth and job opportunities.
A trailblazing move in this area was the PM GatiShakti – National Master Plan for Multi-Modal Connectivity, introduced by the Prime Minister last year. With the introduction of the National Logistics Policy, PM GatiShakti will receive an additional push and complement.
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