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Decoded: What is National Logistics Policy and how will it get implemented?

The policy will be implemented through a Comprehensive Logistics Action Plan (CLAP), which will include key action areas

Logistics, trade, global market
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Logistics cost in India is high as compared to other developed economies. India’s logistics cost as a proportion of gross domestic product (GDP) is believed to be around 13-14 per cent

Shreya Nandi New Delhi
Prime Minister Narendra Modi on Saturday launched the National Logistics Policy (NLP) that aims to promote seamless movement of goods across the country and improve the competitiveness of Indian goods in domestic as well as export markets. Let’s understand the government’s road map on how to achieve this:

Why do we need a policy for logistics?
 
During the launch of the NLP, the prime minister said that over the past eight years, the government had been working towards improving connectivity through ‘systemic infrastructure development’ with schemes such as Sagarmala, Bharatmala.

However, logistics cost, which includes transportation, warehousing, inventory, and order

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First Published: Sep 18 2022 | 6:46 PM IST

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