India Plans National Logistics Policy to Bring Down Logistics Cost

23 September 2019

The Government of India plans to implement a National Logistics policy to help bring down the logistics cost by 10%, according to Mr. Piyush Goyal, Minister of Commerce and Industry and Railways of the Government of India in the recently-held Asia Pacific Trade Facilitation Forum 2019. The policy aims to promote seamless movement of goods across the country and reduce transaction cost of traders. It also envisages providing end-to-end logistics solutions to companies through a central portal.

The proposed policy was sent by the Ministry of Commerce to the Cabinet in September 2019 for approval, according to a report.

 

 

Related Links:

A Letter of Exchange for the revision of the Railway Service Agreement between Nepal and India was submitted...

Read More


India’s Ministry of External Affairs has directed states that share borders with Bangladesh to make vaccination for truckers...

Read More


Bhutan’s Houses of Parliament, the National Council (Upper House) and the National Assembly (Lower House), have passed the...

Read More


Bangladesh will import around 700 megawatts (MW) of hydropower from Nepal to meet its future electricity demand, according...

Read More


Bangladesh is looking to produce resort wear and leisure apparel for Maldives. Mr. Faruque Hassan, President of the...

Read More


The Bangladesh Roads and Highways Department ...

Read More


Import of goods from India to Bangladesh by trains have seen a significant rise during the coronavirus pandemic....

Read More