HomeNATIONPM Modi launches National Logistics Policy: Experts are appreciating India's development 

PM Modi launches National Logistics Policy: Experts are appreciating India’s development 

New Delhi: Prime Minister Narendra Modi, on Saturday, revealed the National Logistics Policy in the national capital. The Prime Minister, 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”. He said ports’ capacity has increased and container vessel turnaround time has been cut to 26 hours from 44 hours previously.

According to the Prime Minister, India has the fifth-largest economy in the world and is quickly becoming a centre for manufacturing.

According to him, the government’s production linked incentive (PLI) strategy for encouraging domestic manufacturing has gained support from the international community.

He said that the government is bolstering the logistics industry with technology. Customs faceless assessment has begun, and FASTag and e-way bills are improving efficiency in the logistics industry.

India needs to improve its support infrastructure if it wants its products to succeed on international markets.

“National Logistics Policy helps in making the support system modern,” the prime minister said.

Modi said global experts are saying India is emerging as a democratic superpower and they are impressed by the extraordinary talent ecosystem of the country. “Experts are appreciating India’s determination and progress.” The government, he said, is using technology to strengthen the logistics sector. Faceless assessment has started in customs and e-way bills and FASTag are bringing efficiency in the logistics sector.

Talking of the drones policy, he said drones will improve the logistics sector.

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