The Economic Times daily newspaper is available online now.

    New logistics policy complementary to PM Gati Shakti plan: DPIIT Secretary

    Synopsis

    “For internal multimodal connectivity, we wanted to bring down the logistic cost and increase logistic efficiency. The National Master Plan 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.”

    Anurag JainAgencies
    “There were three major initiatives which were launched, one of the major items in that was ULIP; we had another system called e-logs and we also issued an ebook of standardisation of the warehousing standards,” says Anurag Jain, DPIIT Secretary

    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.

    Unlock Leadership Excellence with a Range of CXO Courses

    Offering CollegeCourseWebsite

    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.

    ULIP is the major highlight of this policy. How will it integrate all the various processes and make it easier for the businesses?
    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.



    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in