The Department for Promotion of Industry and Internal Trade (DPIIT) will conduct a number of workshops and discussions with all stakeholders on the just-launched National Logistics Policy in the upcoming months. The National Logistics Policy, unveiled on September 17 by Prime Minister Narendra Modi, aims to address issues plaguing the transportation industry and reduce company logistics costs from 13–14per cent to under 10per cent over the next few years.
The policy goals include bringing India’s logistics costs into line with international standards by 2030, enhancing the country’s position in the top 25 countries on the Logistics Performance Index, and developing a data-driven decision support system for a productive logistics ecosystem. The government also has a thorough action plan to accomplish these goals.
“First, we will hold a national policy workshop in which we will hold brainstorming sessions with all of the key stakeholders, including the centre, states, and industry.” “The goal is to make stakeholders aware of its benefits,” the official explained. The next step will be to divide the country into six zones for zonal conferences, after which workshops will be held on various policy action plans, such as warehousing, skills, and the Ease of Logistics Services (ELoGS) platform.
The policy has established an action plan for the immediate implementation of various initiatives on the ground. Important initiatives under the policy, such as the Unified Logistics Interface Platform (ULIP), the Ease of Logistics Services platform, an e-handbook on warehousing, training courses on PM GatiShakti, and logistics on the i-Got platform, were launched alongside the policy to ensure that the benefits of this policy reach as many people as possible. Companies can file grievances on the ELoGS platform, and the issue will be prioritised by the appropriate authorities.
As an example, the official stated that the country has approximately 200 container freight stations (CFSs) that deal with export and import-related consignments. However, since the introduction of direct port delivery, these stations have been unable to operate at full capacity. As a result, they are urging the government to allow domestic use of these facilities, but the customs department has some reservations. “As a result, this issue will be discussed through the ELoGS platform,” the official added.
As stated by the DPIIT, this policy promotes the competitiveness of micro, micro, and medium enterprises (as well as agriculture and allied industries, FMCG, and electronics). Wastages in the supply chain network and the need for large inventories will be reduced as predictability, transparency, and reliability improve.