Discuss the role of New Logistics Policy (NLP) in reduction of overall logistics cost and increase the competitiveness of domestic goods in the global market.

Topic: Infrastructure: Energy, Ports, Roads, Airports, Railways etc.

5. Discuss the role of New Logistics Policy (NLP) in reduction of overall logistics cost and increase the competitiveness of domestic goods in the global market. (250 words)

Difficulty level: Moderate

Reference: Indian Express

Why the question:

Prime Minister Narendra Modi on Saturday unveiled the National Logistics Policy that seeks to address challenges facing the transport sector and bring down the logistics cost of businesses from 13-14 per cent to a single digit.

Key Demand of the question:

To write about the advantages of NLP in boosting up exports and Indian economy.

Structure of the answer:

Introduction: 

Begin by giving aims and objectives of New Logistics Policy (NLP).

Body:

First, write about the various features of New Logistics Policy (NLP) launched by the government.

Next, write about the various issues plaguing the logistic sector in the country.

Next, write about the benefits that the New Logistics Policy (NLP) will bring to improve exports, reduce logistic cost, generate employment etc.

Next, write about the limitation of the above.

Conclusion:

Conclude by writing a way forward.