Friday, November 22
New logistics policy launched by PM Narendra Modi, experts say it will provide 'Cheetah Speed' to industry
Prime Minister Narendra Modi, on Saturday, unveiled the National Logistics Policy in the national capital New Delhi. Modi, while announcing the new policy, said that this is an important step towards the “making of a developed India”, and added that the policy has come with a “new energy for every sector”.
Targeting to make Indian products globally competitive, PM Modi Saturday set a goal to bring down the cost of logistics to single digit “as soon as possible” from the current 13-14% of GDP. He urged the industry and all stakeholders to ensure that freight deliveries in India happen at the speed of “cheetah”.
This new policy aims to expedite last-mile delivery and address challenges facing the transport sector. Modi also said that the new policy together with the infrastructure augmentation plan ‘PM GatiShakti’ will address gaps. He called the policy a solution for many problems and said that it would lead to improvements in “all our systems”.
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