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Customs want World Bank to factor faster cargo clearance in doing biz ranking

Press Trust of India  |  New Delhi 

In a bid to seek higher Ease of Doing Business ranking, the has communicated to the that the average time for clearance of consignments at ports have come down sharply to 100 hours, an said.

Release time of consignments at Customs ports is one of the factors which is taken into account by the in its yearly Ease Of Doing Business ranking.

The department has also introduced an RFID-based system for real time tracking of containers to help logistics companies locate the position of the consignment at any given time.

The has suggested to the that its representatives can do an independent assessment of the release time of the consignment at using the real time visibility application, the added.

"The World Bank says that the release time is 267 hours, but in fact it is only 100 hours. So we want them to do a using any container number on the ICEGATE portal," an told

The new ranking is expected to be released in October.

Currently, RFID-based tracking of cargoes is available in in Mumbai, which handles maximum number of cargoes. in too has started the tracking system and is expected to launch it soon.

Last year, jumped 30 places to rank 100th in the World Bank's doing business report. The government wants the country break into top 50 in the coming years.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, August 12 2018. 11:05 IST