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    Home»Featured»Modi government will soon bring National Logistics Policy
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    Modi government will soon bring National Logistics Policy

    Finance KhabarBy Finance KhabarMarch 10, 2021No Comments2 Mins Read
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    Modi government will soon bring National Logistics Policy
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    New Delhi: Under the One Nation-One Contract, the Central Government will soon bring the National Logistics Policy. Under this policy, uninterrupted movement of goods will be ensured across the country. A senior official gave this information. Under this, the government aims to reduce logistics costs. With the implementation of the National Logistics Policy, the cost will come down to 8 percent of GDP in five years, which is now 13 percent.

    Special Secretary (Logistics) Pawan Kumar Aggarwal said that this policy is in its final stages and it has been prepared after detailed discussion with all the central ministries and other stakeholders. According to Aggarwal, the discussion has now been completed and it is yet to get the approval of the Union Cabinet. After this it will be implemented.

    According to Aggarwal, the main objective of the government to bring a national logistics policy is to cut the logistics cost. After the implementation of this policy, the logistics cost will be reduced by 5 percent in five years. Right now it is equal to 13 percent of the country’s GDP. Aggarwal said that a comprehensive institutional framework will also be set up to ensure that the targets set for this policy are being met or not.

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