On the new logistics policy
The policy is basically complementary to PM Gati Shakti National Master Plan. Last year, when the PM Gati Shakti National Master Plan was launched, it was very clear that for internal multimodal connectivity, we wanted to bring down the logistic cost and increase the logistic efficiency.
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So the National Master Plan basically addresses the infrastructure issue. It was launched last year. It has already started doing extremely well. To complement that, because the infrastructure is there, systems, processes and skilled manpower are needed and to address these issues, the policy has been launched today.
Today as part of the policy, there were three major initiatives which were also launched or one of the major items in that was ULIP and we had another system called e-logs and then we also issued an ebook of standardisation of the warehousing standards.
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