India Logistics Movement

Syllabus: Economics Source:  TH Context: India’s logistics sector is transforming with initiatives like the National Logistics Policy and PM Gati Shakti to cut costs, boost efficiency, and enhance connectivity. Contributing 14% to GDP, it is pivotal to the $5 trillion economy goal. Logistics Movement Data in India: Logistics Cost Reduction: Declined by 0.8-0.9 percentage points …

Centre asks states to formulate a logistics policy

GS Paper 3  Syllabus: Indian Economy: Infrastructure   Source: ET  Context: The central government has urged states to create logistics policies to enhance ease of doing business and align with the PM GatiShakti initiative, which aids in infrastructure project planning.   Status: India has ranked 38 out of 139 countries in World Bank’s Logistics Performance …